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Leeds Landlords, Homeowners & the Autumn Budget 2022
The Chancellor, Jeremy Hunt, gave his Autumn Budget 2022 at lunchtime, intending to deal with inflation and keep mortgage rates down for homeowners.
In this short and sharp post, I wanted to touch on what this would mean specifically for Leeds landlords and homeowners thinking of buying and selling
Leeds Landlords: Will Leeds buy-to-let continue to be profitable in the next few years?
Leeds buy-to-let landlords are facing some challenges with rising interest rates, new legislation and Leeds tenants in arrears. Is this the end of the buy-to-let dream in Leeds? Far from it.
Waiting for the Leeds House Market to Crash Will Cost You £37,404
Will there be a house price crash like those of 1988 and 2008? Are you aware of the six significant differences between now and those years? All Leeds homeowners and Leeds landlords should read this article, especially those hoping for Leeds house prices to drop – you might end up losing at least £37,404 in the next five years!
What will the stamp duty cuts & interest rate rises mean for Leeds homeowners & landlords?
What will the recent interest rate & stamp duty changes mean for Leeds homeowners and landlords? Things are certainly going to change in the Leeds property market, yet not in the way you might think.
Leeds House Prices Ought to be Falling – these are the reasons they are not.
Looking at the newspapers with their doom and gloom headlines, you would think that the Leeds property market would be on its knees. Yet Leeds house prices and the number of properties selling continues to be high.
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?
