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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.