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A look back at the Leeds housing market over the last decade, from 2011 to 2021, and where it’s future lies. If you are a future Leeds home buyer, Leeds homeowner or Leeds buy to let landlord, this is an article you should not ignore.
Leeds Property Market Improved by 25.7% Over Pre-Pandemic Levels - has there ever been a better time for Leeds home sellers?
The Leeds property market has improved by 25.7% over pre-pandemic levels, so we have to ask if there has there ever been a better time for Leeds Property owners?
Leeds first-time buyers can now buy their first Leeds home using 5% deposit mortgages. Yet higher mortgage rates could see Leeds buyers paying a lot more each month for the privilege.
Leeds Home Buyers £5,042,565 Windfall as Stamp Duty Holiday Stretched to September, and new 5% deposit mortgages for Leeds first-time buyers
Leeds homebuyers were celebrating last week’s extension of the Stamp Duty holiday by the Chancellor until the end of September together with the introduction of 5% deposit mortgages from April. What effect will this have on Leeds house prices and demand for private rented property in Leeds?
With UK property prices rising by 49% in the last 8 years, but wages by just under 12%, many have put some of the blame for the housing crisis on the Baby Boomer generation. Have Leeds Baby Boomers wrecked the Leeds property market for millennials, holding younger families back from buying their own Leeds home?
The average British homeowner moves every 16 years 5 months according to official statistics. These appear to refute a common hypothesis that British neighbourhoods are becoming more transitory and show that, once you have succeeded in buying a property you can call home, there isn’t much motivation to move again… or is there another story behind the stats?
Over the last six months, the Leeds Property Market has been flourishing. As soon as an Estate Agents For Sale flag went up, neighbours would be checking out Rioghtmove to see the internal pictures and compare the asking price to their own home. So with Leeds house prices rising on the back of this demand, everything appears to looking up for Leeds homeowners and landlords. However, with the spectre of the Stamp Duty holiday ending on the 31st March 2021, could this kill the Leeds property market in the Summer?
With most Leeds families home schooling their children in lockdown and the forthcoming Stamp Duty Holiday deadline on 31st March, less Leeds properties have been coming onto the Leeds property market since the New Year. This has prompted an 11% drop in the supply of homes for sale in Leeds compared to September 2020.
Stamp Duty is a tax most property buyers pay when buying their Leeds home or buy-to-let investment, but in July 2020, buyers were given a Stamp Duty Tax break until April 2021. Yet, now around a third of a million UK property buyers are delayed in property sales and they coudl miss out on savings of up to £15,000 if the tax break is cancelled. Read what this will mean for the Leeds property market
1,373 Headingley Homeowners to be ‘Unchained’ From Toxic Leasehold Agreements in Biggest Shake-up of Property Law in Decade
Attention 1,373 Headingley Leaseholder Property Owners : The Government recently announced the biggest reform to Property Law for decades as they announced proposed new legislation on the way all 4.3 million UK leaseholders will deal with their Ground Rents and the ability to buy their own freehold.