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Posted 11th February 2025
Posted 4 months ago
By MHHG ESTATE AGENTS
Bank of England Reduces Base Rate to 4.5%: Key Takeaways for Households
On February 6, 2025, the Bank of England (BoE) announced a 0.25% reduction in the base rate, bringing it down to 4.5%.
Posted 3rd February 2025
Posted 4 months ago
By MHHG ESTATE AGENTS
Manchester January 2025 Rental Market Update: Price Trends, Demand Surge, and What to Expect
As we enter 2025, the Manchester rental market continues to show strong growth, driven by high demand, limited housing supply, and broader economic conditions.
Posted 26th January 2025
Posted 5 months ago
By MHHG ESTATE AGENTS
Renters' Rights Bill: Major Reforms to Transform the UK Rental Market
The UK Government’s Renters' Rights Bill is moving forward in Parliament, promising significant changes to the private rental market.
Posted 3rd January 2025
Posted 5 months ago
By MHHG ESTATE AGENTS
Posted 30th December 2024
Posted 5 months ago
By MHHG ESTATE AGENTS
Manchester December 2024 Rental Market Update: Is the Rental Market Cooling Down?
As we reach the end of 2024, the Manchester rental market shows signs of slowing rent inflation, though prices are still rising in many areas.
Posted 17th October 2024
Posted 8 months ago
By MHHG ESTATE AGENTS
September 2024 Property Sales Market Report: How will the drop in mortgage rates (to 4.3%) impact home buyer demand?
Home buyers are benefiting from the lowest average mortgage rates in over a year, with the rate for a 5-year fixed mortgage at 75% loan-to-value (LTV) now standing at 4.3%, a decrease from 5.5% this t
Posted 13th September 2024
Posted 9 months ago
By MHHG ESTATE AGENTS
August 2024 Property Rental Market Report: What impact is the growing rental demand?
In the 12 months leading up to July 2024, the average private rental prices in the UK saw an 8.6% increase, consistent with the rise observed in June 2024.
Posted 16th August 2024
Posted 10 months ago
By MHHG ESTATE AGENTS
July 2024 Property Rental Market Report: How are rising rents affecting you in your area?
The UK property market has seen significant changes in the past year, with varying degrees of rent and house price inflation across the regions.
Posted 12th July 2024
Posted 11 months ago
By MHHG ESTATE AGENTS
June 2024 Manchester Property Rental Market Report: 15 households chasing 1 rental home?
The annual growth rate of rents for new lets has slowed to 6.6%, down from a peak of 16% in October 2021.
Posted 11th June 2024
Posted 1 year ago
By MHHG ESTATE AGENTS
May 2024 Manchester Property Rental Market Report: Where have rents decreased in the past quarter?
UK rental inflation has slowed to 6.6%, the lowest rate in 30 months.
Posted 10th May 2024
Posted 1 year ago
By MHHG ESTATE AGENTS
2024 April Manchester Property Rental Market Report: What drove UK rent surge?
In the 12 months leading up to March 2024, the average private rents in the UK surged by 9.2%, marking a notable increase from the 9.0% recorded in the preceding 12-month period ending February 2024.
Posted 7th May 2024
Posted 1 year ago
By MHHG ESTATE AGENTS
2024 April Manchester Property Sales Market Report: How have recent shifts in mortgage rates impacted sales volumes
This trend suggests a more balanced housing market compared to pre-pandemic levels, offering increased opportunities for prospective homebuyers in 2024, provided sellers maintain realistic pricing str
Posted 14th April 2024
Posted 1 year ago
By MHHG ESTATE AGENTS
2024 March Manchester Property Rental Market Report: How fast are rents going up these days?
The latest data on the UK rental market indicates a significant deceleration in rental inflation, marking the lowest rate in two years.
Posted 24th March 2024
Posted 1 year ago
By MHHG ESTATE AGENTS
2024 February Manchester Property Rental Market Report: UK Rental Market Trends Shift!
The average UK rent for new lets has experienced a notable increase, reaching £1,220, marking an 8.3% rise compared to the previous year.
Posted 24th February 2024
Posted 1 year ago
By MHHG ESTATE AGENTS
2024 January Manchester Rental Market report: What are the key indicators of growth and resilience in the UK's rental market during Q1 2024?
The UK's rental market continues to demonstrate resilience and growth, evident in various key rental indices.
Posted 6th January 2024
Posted 1 year ago
By MHHG ESTATE AGENTS
2023 December Manchester Rental Market report: How has rental demand changed?
The UK rental market has been characterized by a persistent supply-demand mismatch over the past three years, resulting in a substantial increase in rents for new lets.
Posted 10th December 2023
Posted 2 years ago
By MHHG ESTATE AGENTS
2023 November Manchester Rental market report: What are the evolving preferences of renters, and how might they impact the market?
The UK rental market in November 2023 experienced a slight slowdown, characterized by a monthly decrease of -0.3%. Despite this minor dip, year-on-year rental prices continued their upward trajectory.
Posted 21st October 2023
Posted 2 years ago
By MHHG ESTATE AGENTS
Posted 24th September 2023
Posted 2 years ago
By MHHG ESTATE AGENTS
September 2023 UK Rental Market Report: the new highest growth rental region
18 months of double-digit rental inflation! Despite a 20% decrease in demand compared to last year, the demand for rented homes is still 51% above the 5-year average.
Posted 27th August 2023
Posted 2 years ago
By MHHG ESTATE AGENTS
August 2023 Rental Market Report: High Demand and Rising Rents in the UK
The rental market in the UK continues to face high demand and rising rents, with little sign of relief in the near future.
Posted 6th August 2023
Posted 2 years ago
By myhappyhomewebsite
July 2023 Rental Market Report: Is the UK rental market putting tenants and landlords at risk?
The UK rental market continues to experience rapid growth, posing risks for both tenants and landlords. There is a growing concern that tenants across the country may struggle to pay their rent.
Posted 9th July 2023
Posted 2 years ago
By MHHG ESTATE AGENTS
June 2023 Sales Market Report: Is the UK Housing Market Heading for a Decline?
The UK housing market is experiencing a decline in affordability for new home buyers. High inflation and increasing mortgage rates are impacting sales volumes and price growth.
Posted 1st July 2023
Posted 2 years ago
By MHHG ESTATE AGENTS
June 2023 Rental Market Report: UK Rental Inflation Continues to Rise for 15th Consecutive Month
UK rental inflation continues to rise for the 15th consecutive month, with rents registering double-digit growth. Despite seasonal factors contributing to a slight decrease in the annual rate.
Posted 4th June 2023
Posted 2 years ago
By MHHG ESTATE AGENTS
May 2023 Rental Market Report: Rents Climb, but Growth Slows
Rents are on the rise, but the pace of growth is slowing down. As renter affordability becomes increasingly stretched, many are exploring flexible location options beyond their city.
Posted 1st April 2023
Posted 2 years ago
By MHHG ESTATE AGENTS
March 2023 Rental Market Report: Capitalize on the Booming Rental Market in the UK
The rental market in the UK has been experiencing a period of high demand and activity, with rents rising well above earnings growth for the past two years.