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Leeds OAPs are Getting Jobs and Downsizing Properties to Beat the Cost-of-Living Crisis
Leeds OAP retirees are having to make some tough choices with the onset of the cost-of-living crisis. Growing inflation, unpredictable financial markets, and the high cost of living meant 1 in 23 former retired Leeds people returned to work in July alone, in what has been dubbed the ‘great unretirement’
What will the stamp duty cuts & interest rate rises mean for Leeds homeowners & landlords?
Last week the Bank of England increased interest rates to 2.25% and they are expected to be 3.25% by early next year. This increase will make the monthly mortgage payments more expensive for first-time buyers, an issue dubbed by some as the 'property affordability crunch.'
Leeds Tenants' Spiralling Energy Bills are About to Become Leeds Landlords’ Problem
As gas and electric bills rocket for Leeds tenants, Leeds landlords who do not start to make energy efficiency upgrades face lengthy void periods and will have to discount their rents, whilst those Leeds landlords with highly energy efficient rental properties will be able to charge a premium.
What’s the Difference Between a Flat and an Apartment in Leeds?
- "An apartment is over £100 grand and a flat under £100k", said my friend.
- Joking aside, there is no difference, call it what you will, the humble apartment/flat has served Leeds well over the years.
- The average sale price of an apartment in Leeds in 2021 was £177,307, making it an excellent first-time buyer purchase and buy-to-let investment.
- In this article, I want to look at the apartment/flat in Leeds and how it could solve the county’s housing crisis.
‘Generation Stuck’ in Leeds and Their £12bn Tied-up Equity
Many of Leeds' mature homeowners are stuck in their oversized homes. Their children flew the nest years ago, yet they are unable to find suitable Leeds properties to move to. Leeds' Generation Stuck are holding back those younger Leeds' Generation Renters move into the larger homes they need. What is the answer to this problem?
Why Aren’t Liz and Rishi Courting Leeds’s Generation Rent?
With the Tory leadership ballot nearly finished, both candidates have hardly mentioned the housing issues of Generation Rent, the 20 and 30 somethings in Britain. What will this mean for those in rented accommodation in Leeds and their landlords?
Will the Cost-of-Living Crisis Mark the End of the Booming Leeds Property Market?
Will the cost-of-living crisis mark the end of the booming Leeds property market? And what effect wiil rising food, gas and electric prices have on the Leeds property market and Leeds house prices?
Leeds’s Millennials to Inherit £178,487 Each From Their Baby Boomer Parents
The total value of homes owned by Baby Boomers in Leeds alone is £12,141,766,171 – and two-thirds of the Leeds Millennials are set to inherit all that in the next few decades! Could this be the answer to the housing crisis?
Leeds Property Prices Have Risen by 380% Since 1995
Is it a seller’s or buyer’s Leeds property market? In this article, I discuss this and how things are beginning to change in Leeds. Also, that there are in fact many Leeds property markets and how savvy home buyers can spot bargains by following certain trends.
Leeds Starter Homes are 49.1% Cheaper Today Than in 1989
Even though house prices have more than tripled in the Country (quadrupled in London), it is still cheaper today to buy a house as a first-time buyer than in 1989 or 2007. This is good news as the Bank of England are changing the rules for mortgage affordability for first time buyers in August. This means more Leeds people will be able to jump on the Leeds property ladder. If you are a Leeds homeowner, potential Leeds first time buyer or even a Leeds landlord, read this article to find out how the rule changes might affect you.
