August 30, 2026
Extend or Move in Lancaster in 2025? If you’re a homeowner in Lancaster, chances are you’ve asked yourself this question at some point: do we extend, or do we move? It often starts the same way. The kitchen feels too small. The spare room has been through several lives — first an office, now a
READ MOREIf you are a homeowner in Lancaster and thinking of selling, there’s something you really need to know. It’s not always comfortable to hear, but it’s important if you want to move. There is a growing gap between the price many Lancaster sellers are asking for their homes and the price buyers are actually paying.
READ MOREBack in the summer of 2020, Lancaster’s housing market, like much of the UK, came alive almost overnight. After months of lockdown, demand had built up like a pressure cooker. Suddenly, homes that might have lingered for weeks were selling in days, often with several buyers competing. It was a unique moment. Prices jumped, boosted
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 39 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Depending on your needs and the tenant type you are looking for, timing your marketing well to line up with different local events and recruitment schedules can make a big
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 38 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. For landlords, of course their properties are investments but it is also important for successful tenancies to think of them as people’s homes and safe spaces. Striking this balance will
READ MORE#InvestmentOpportunity This modernised 3-bed mid-terrace on Norfolk Street is move-in ready and full of tenant appeal. Featuring a spacious lounge, stylish shaker kitchen with dining space, modern bathroom, three good-sized bedrooms, and a low-maintenance rear yard with powered shed. Close to schools, shops, Ryelands Park & the canal—plus easy access to the M6 and city
READ MORESummer is always a busy time in the rental market, and here in Lancaster and Morecambe it’s no different. Every year, we see graduates starting new jobs, students moving to the city for university, and others deciding it’s the right time to move in with friends. It creates a real buzz – and also a
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 37 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. When is the right time to expand your property portfolio? Landlords with long term plans can still see great returns from long term investments and with recent changes in interest
READ MOREIn a world of towering new-build flats and sprawling three-storey townhouses, there’s something refreshingly honest about a bungalow. No stairs. No split-level gimmicks. Just a simple, single-storey home that offers practicality, privacy – and increasingly – prestige. Ten years ago, most house hunters wouldn’t have put a bungalow near the top of their wish list.
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 36 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Hybrid working is becoming more and more popular and with Lancaster’s good transport links and great lifestyle offering, commuter tenants are looking towards us as a potential location to base
READ MOREWe’ve all heard the phrase “Generation Rent” – describing young adults who rent for longer before buying. Here in Lancaster, it’s more than just a headline. Rising living costs, modest wage growth, and tighter mortgage rules have reshaped the housing journey for our under-34s. For many, buying isn’t impossible – it’s simply further down the
READ MORELatest News: Bank of England Cuts Base Rate The property market received a boost today, with the Bank of England cutting the base rate from 4.25% to 4%. The quarter-point cut, announced by the bank’s Monetary Policy Committee today, is the fifth reduction in 12 months. The decision is good news for buyers or property
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 35 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. For various reasons, landlords need to sell their investment property and we often get asked the question on what is best when it comes to selling a tenanted property. Josh
READ MOREWe’re now halfway through 2025, and while the Lancaster property market isn’t as fast-paced as it was during the post-pandemic boom of 2020 to 2022, it’s still ticking along steadily. And honestly, that’s not a bad thing. A steady market often gives people more confidence and less stress when making big decisions. I always say
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 34 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Whilst rental fraud can be rare it is still something that Landlords need to be aware of so that they don’t end up on the wrong end of a scam!
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 33 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Mental health is such an important thing to consider and is often overlooked when it comes to lettings and rentals – both landlords and tenant have stressful situations which can
READ MOREThinking of selling your Lancaster home? It’s tempting to push for a higher asking price — after all, it’s your biggest tax-free asset. A few extra thousand sounds like a win, doesn’t it? But here’s the truth: in property, chasing too much often means losing out completely. Since the start of 2020, 3,388 Lancaster homes
READ MOREIt’s the question on many people’s lips — will the Lancaster property market crash this year? Back in early 2023, the headlines were filled with gloomy predictions. Halifax forecasted an 8% drop, Savills 10%, and Nomura Bank suggested prices could fall as much as 15%. Yet here we are in mid-2025, and the doomsday scenario
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 32 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Lots of people are looking to rent but sometimes it may seem the easiest option to let to a friend or even family member on an informal basis but this
READ MORE#saleseguide ☀️ Thinking of selling this summer? With bright days, blooming gardens and buyers eager to move before autumn, summer is the perfect time to put your home on the market. But making the most of the season takes the right strategy. Our free guide is packed with practical tips on how to prepare your
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 31 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Rent is an integral part of the lettings process but knowing when to increase rents and by how much comes down to lots of factors. Josh and Michelle have a
READ MOREOver the past five years, Lancaster’s rental market has seen steady growth. In 2020, the average monthly rent was £825. In 2025, it’s now £891—a rise of 8%. This growth, however, is smaller than what we’ve seen nationally. Across the UK, rents rose by 35%, from £1,331 to £1,803. In the North West, the average
READ MOREBefore you get started, cut the grass And make sure everything else is looking its very best too. Unlike Wimbledon, you don’t have to cut your lawn to precisely eight millimetres – but you get the idea. If you’re opening your property for viewings, ensure it’s well-presented. Patience is a must The longest-ever Wimbledon match
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 30 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. There are lots of portfolio landlords who run their properties as a business but what about those one property, accidental landlords. There can often be an emotional attachment to the
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 29 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. There has been lots of talk about the Eden Project North, or Eden Project Morecambe as it is now known and following a recent article in the BBC about progress,
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 28 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Maintenance is unfortunately an unavoidable downside to owning property and being a landlords means that you are obligated to fix things as soon as they go wrong. Michelle and Josh
READ MOREIf you’re a Lancaster homeowner or landlord thinking about selling, one of your first questions might be: how long will it take to find a buyer? The answer depends on many factors—location, price, number of bedrooms, condition, and of course, the market itself. That’s why we’ve analysed data for 285 Lancaster homes sold (subject to
READ MOREThe Hidden Crisis Facing Our 50- and 60-Something Renters You’ve heard of retirement.But what about rentirement? It’s not a typo. It’s a quiet crisis happening right here in Lancaster, and it’s affecting thousands of people in their 50s and 60s. What Is ‘Rentirement’? A blend of rent and retirement, “rentirement” refers to people entering later
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 27 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week we are focusing on the pros and cons of furnished vs unfurnished properties. There are lots of things to consider from this frequently asked question so Josh and
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 26 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Following our recent videos, we have had a few questions on what the term ‘yield’ actually means. Michelle and Josh go through what you need to know and how this
READ MORE#lettingseguide Landlords — want to earn more without raising the rent? Increasing rent isn’t the only way to boost your income. From reducing void periods to making smart, cost-effective upgrades, there are plenty of ways to make your property more profitable — without putting off great tenants. Our free guide is full of practical tips
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 25 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. We have ventured out into the sunshine to discuss Houses of Multiple Occupation which makes up a big part of Lancaster’s rental market. It has its own pros and cons
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 24 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Location is such an important thing to consider when picking an investment property and very much dictates the kind of tenant that it may attract. Recent research from The
READ MORE#lettingseguide ⚡ Landlords—are your electrics legally compliant? Every rental property in England must have a valid EICR (Electrical Installation Condition Report) carried out by a qualified electrician at least every 5 years. Miss it, and you could face fines of up to £30,000. Our free guide breaks down what landlords need to know—from what’s included
READ MOREIs Lancaster’s Housing Market Broken for First-Time Buyers?
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 23 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Making sure you are on top of paperwork, law and processes at every stage of a rental can be a daunting task. Josh and Michelle look at the important
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 22 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. As Landlords know there is a tonne of legislation that governs the private rented sector – as managing agents we help ensure our landlords stay up to date with
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 21 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. An often contentious topic that comes up with renting surround ‘pets in lets’ and whilst there are downsides to allowing a pet there are also lots of great benefits.
READ MORE#morecambeupdate Chris is back with this month’s Morecambe Property Market Update. Have you got a property to sell in Morecambe? Give us a call on 01524 843322
READ MORE#saleseguide ✨ Want to sell your home faster—and for the best possible price? Presentation is everything. From decluttering and dressing your space, to choosing the right agent and styling like a show home—first impressions really do count. Our free guide is packed with practical, low-cost tips to help your home stand out in a competitive
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 20 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. General attitudes towards renting are changing where people are now looking to rent as a lifestyle choice rather than our of necessity. So what does this mean for landlords?
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 19 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Whilst rents are still on the rise landlords do not always want to increase the rent to the maximum amount, especially if they have good long term tenants in.
READ MORE#saleseguide Is your Rightmove listing working hard enough to get viewings? Your property listing isn’t there to sell your home—it’s there to sell the viewing. And if you’re not getting clicks or interest, it’s time to find out why. Our free Rightmove Test eGuide helps you score your listing across 8 key areas—from photography and
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 18 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Spending money on purchasing a property is always a big decision but when you are doing it as an investment it is worth considering what kind of investment you
READ MOREIn Lancaster’s property market, the Bank of Mum and Dad is more influential than ever. For many first-time buyers, parental help isn’t just a boost — it’s the key to unlocking their first home. Over the past 12 months, Lancaster parents have contributed an impressive £3,949,576 to help their children get on the property ladder.
READ MOREBig changes are coming to the way we own flats in England and Wales. The Government is moving towards scrapping the leasehold system and replacing it with something called commonhold — and for the 2,704 leasehold homeowners in Lancaster, this could be a real game-changer. But what does it all mean? And what should you do if
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 17 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. The end of a tenancy can be a stressful time but with the right planning and fair considerations, it can go very smoothly. Josh and Michelle explore what kind
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 15 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. With all the new laws coming down the line some landlords are thinking about whether it is time to consider selling their investment. Josh and Michelle chat about this
READ MOREThe property market has started the year on a high, with mortgage approvals in January up 18% compared to the same time last year. Across the UK, buyers have been eager to secure homes ahead of the upcoming changes to stamp duty in April, when the nil-rate threshold will revert from £250,000 back to £125,000.
READ MOREBuying or selling a home is exciting, but the process can feel frustratingly slow. In Lancaster, once a sale is agreed, it takes an average of 120 days to complete—about four months of uncertainty for buyers and sellers. Back in 2007, it took just over 10 weeks, and in the 1990s, only 7–8 weeks. So
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 14 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Being environmentally conscious is at the forefront of people’s mind and thinking carefully about how this can affect your investment property can allow you to plan for the future
READ MORESpring is in the air, and with it comes a sense of renewal—longer days, blooming flowers, and a fresh burst of energy that extends to the property market. If you’re thinking about selling your home, now is the time to act. Spring: The Best Season for Sellers Did you know that February and March are
READ MOREAre you thinking about moving in Lancaster in the next six to twelve months? Maybe you’re a landlord considering changes to your rental properties, or perhaps you’re a first-time buyer wondering if now is the right time to buy. Understanding whether the Lancaster property market currently favours buyers or sellers can help you make informed
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 13 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. With all of the upcoming changes in legislation it is more important than ever to find the best tenant that aligns with your plans for your property. In this
READ MOREToday’s Lancaster investment comes from Halton Road in the Skerton area of Lancaster. It is a 2 Bedroom, ground floor apartment with generous rooms and also comes with off road parking and a garage. It has some great local amenities and has easy access to walks along the river Lune. It is on the market
READ MORE#Morecambe #Marketupdate Chris is here with the February market update for Morecambe, looking at the average property prices by house type in the area. If you are thinking of selling in Morecambe, give us a call on 01524 843322
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 12 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week we touch on something that is sometimes overlooked, particular by self managing landlords and that is the photographic reporting of the property – in particular the inventory,
READ MOREThe UK housing market has had its ups and downs, but 2025 is shaping up to be a much steadier year—especially here in Lancaster. After a challenging 2024, things are looking brighter with affordable homes, high demand, and improved financial conditions helping both sellers and buyers. Renewed Confidence Last year, uncertain interest rates, a slow
READ MOREThis week’s Lancaster Investment comes from St Johns Mews, a little development near St Georges Quay and the Bus Station. This particular property is a 2 bedroom townhouse, split over three floors. It has a kitchen diner, living room and two good size bedrooms. It is in a great location, with easy access to the
READ MORE#propertyperspective #LandlordNews Welcome to episode 11 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week Josh and Michelle are chatting about an often overlooked part of having a rental property and that is long term maintenance. Planning ahead is vitally important to
READ MOREToday’s Lancaster investment opportunity comes from South Road in central Lancaster. It is a well proportioned, 1 bedroom basement apartment with access to communal gardens and a parking space – a rarity this close to the centre! It is in easy access to the shops, restaurants and bars of Lancaster as well as walks along
READ MORE#propertyperspective#LandlordNews Welcome to episode 10 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. Shrinking Households – just a statistic right? Statistics are so important for landlords to consider as they can mark trends in the rental sector and can really help to inform
READ MORE#investmentopportunity This week’s Lancaster investment opportunity comes from Sulby Drive in the Greaves area of Lancaster. It is a 3 bedroom semi-detached property with generous living spaces, open plan kitchen diner and good size bedrooms. It has outside spaces to the front and back as well as off street parking. Close by there are some
READ MORE#Propertyperspective #landlordlordnews Welcome to episode 9 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week we touch on what can often be a bit of a complicated topic – Capital Gains Tax. Michelle and Josh go over the basics of what this
READ MORE#rentsmart Welcome to episode 4 of Rent Smart with JDG. This week Ross is focussing on the -pre tenancy processes, including application forms and what is needed during referencing. These are both key parts in securing a rental property! Click below for your free Goodlord Referencing Guide: https://shorturl.at/jA9pk
READ MOREBrowsing property portals like Rightmove, Zoopla, or On The Market, you may wonder why some homes in Lancaster linger unsold while others move quickly. The assumption is often that something is wrong—perhaps an issue with the property, an inflated price, or a lack of interest. However, many factors influence the time a home spends on
READ MORE#saleseguide Selling the family home can often be a daunting and emotional journey that many people need to take for a whole host of reasons. Michelle is here with this week’s eguide which helps guide you through the process and give practical advice on how to make tis as stressfree as possible. Click below for
READ MORE#propertyperspective #landlordsnews Welcome to Episode 8 of our sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week we take a look at every landlord’s fear – rent arrears. Taking a fair and calm approach to dealing with rent arrears is essential to ensure things can
READ MOREThis week’s Lancaster investment opportunity comes from Pinfold Lane in the Skerton area of Lancaster. It is a two bedroom mid-terrace with open plan living, a modern kitchen and two decent bedrooms. Close by there are some shops, takeaways and access to walks along the river Lune. It is on the market for £115,000 and
READ MOREThis week on a blog, we wanted to chat about the value in living close to a golf course! For homeowners and property investors alike, proximity to a golf course offers more than just scenic views—it delivers tangible financial benefits. Research shows that properties located in postal districts with a golf course carry, on average,
READ MORE#propertyperspective #LandlordNews Welcome to episode 7 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week Josh and Michelle are chatting about the most recent data on the tenure of a property. This important metric can help landlords to decide on the best
READ MOREThe issue of new housebuilding in the UK stirs strong emotions. Many believe their local areas are turning into construction zones, with too many homes being built, disrupting the character of towns and villages. But is this perception grounded in reality? The Labour government, which came into power in the summer of 2024, has set
READ MORE#rentsmart Ross is back, this week he is talking about the dreaded black mould! He covers some useful advice on tips on how to avoid this in your rental home and what to do if you discover it forming. We have another e-guide offering even more help, so just click below to get your free
READ MOREAs we step into 2025, it’s the perfect time to reflect on how the housing market performed last year and what it means for Lancaster. Across the UK, the average property price grew by 3.6% in 2024, with the North leading the way at 5.9%. In contrast, East Anglia saw minimal growth at just 0.5%.
READ MOREThe UK aims to lead the world in artificial intelligence (AI). The Prime Minister’s new ‘AI Opportunities Action Plan’ outlines 50 recommendations to drive innovation and economic growth, including creating AI Growth Zones (AIGZs) and providing access to supercomputers for researchers and SMEs. The UK is already the third-largest AI industry globally, with London-based startups
READ MORE#Saleseguides Selling in winter can sometimes be challenging but Michelle is here to introduce our selling in winter eguide which gives you practical tips on what to consider in this seasonal market. Click below for the guide! https://www.jdg.co.uk/_media/1388
READ MORE#propertyperspective #LandlordNews Welcome to episode 6 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week Josh and Michelle are chatting about the age old question should you manage your rental property yourself or get an agent to do it? Whilst we may
READ MOREThis intriguing question was raised by the teenage daughter of a Lancaster landlord who visited my office just before Christmas. It’s not every day someone asks you to calculate the total value of all the homes in a city! I didn’t have the answer immediately, but I promised to find out—and over the holidays, I
READ MOREThis week’s Lancaster investment comes from Peel Avenue in the Vale area of Lancaster. It offers three bedrooms, plenty of living space, a fitted kitchen and contemporary bathroom. It benefits from front and back gardens and even has off road parking which is always popular with tenants. It is on the market for £165,000 and
READ MOREWelcome to the first episode of Rent Smart with JDG! Ross will be here each week with useful and practical advice and tips for tenants in rental properties. This week we have created a handy checklist for tenants when they are selecting their next home – helping to thing think about those important questions to
READ MORE#propertyperspective #LandlordNews Welcome to episode 5 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week Josh and Michelle are chatting about some of the upcoming laws that should be coming into play in 2025 – what will this mean for landlords and
READ MORE#propertyperspective #LandlordNews Welcome to episode 4 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week Josh and Michelle focus on the changing demographics of the Lancaster Rental Market and what this means for landlords looking to invest. As always, keep an eye
READ MORELancaster, like the rest of the UK, is experiencing a trend of shrinking household sizes, a factor that is likely to sustain property market stability and growth over the long term. As household sizes have decreased over the last century, the demand for housing has grown, creating a consistent need for more homes and providing
READ MORE#propertyperspective #LandlordNews Welcome to episode 3 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week Josh and Michelle spotted an great article via Lancaster Guardian covering the hot topic that is rising rent prices. What should landlords consider? How can we foster
READ MORELancaster and Morecambe: Where Coast, City, and Countryside Meet Nestled between the coast and countryside, Lancaster and Morecambe is a unique area where the best of nature and city living converge. While many people dream of seaside life, recent insights from the Rightmove Happy at Home Index reveal that residents are happiest when surrounded by
READ MORELancaster’s property market has experienced a significant boost, with house sales up 11.6% compared to 2023. By 22nd November 2024, 1,180 Lancaster homes had been sold subject to contract (STC), compared to 1,057 in the same period last year. This increase, whilst lower, still follows the national trend, where UK-wide sales rose 18%, with 1,009,340
READ MOREFor decades, UK baby boomers have benefitted from rising property prices, turning homes into significant financial assets. However, as retirement approaches, many in Lancaster face a dilemma: their current homes no longer suit their needs, but finding suitable alternatives is nearly impossible. From Winners to Woes Lancaster baby boomers (aged 59–78) have seen property values
READ MORE#propertyperspective #LandlordNews Welcome to episode 2 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week Josh and Michelle spotted an great article via Beyond Radio focusing on the exciting news of a new hospital in Lancaster we look into what this could
READ MORE#propertyperspective#LandlordNews Welcome to episode 1 of our new sofa chat – Property Perspective. We delve into various topics and insights for Lancaster and Morecambe landlords. This week Josh and Michelle focus on the long term look that landlords need to take when it comes to property investment – don’t forget, its a marathon, not a
READ MOREEvery year, the UK grows approximately 7 million Christmas trees. To make this festive feat possible, around 2,240 hectares of land are dedicated to growing Nordmann Firs, Norway Spruces, Fraser Firs, and other seasonal evergreens. To put that into perspective, that’s the equivalent of 120,000 average-sized UK gardens filled with the unmistakable scent of pine.
READ MORERecent statistics reveal a rising trend: over 486,000 UK households headed by individuals aged 65 and over now rent privately. A decade ago, this number was just 267,000. This 52.8% increase signals a shift in retirement living, and Lancaster is no exception. For landlords, this trend presents a unique opportunity. With 31.9% of Lancaster’s population
READ MORETop 10 Cities for Population Growth and Housing Demand in the UK Understanding where people are moving to—and why—is crucial for anyone with an interest in the UK property market. The latest data on population trends provides fascinating insights into which cities are successfully attracting new residents. Population growth is a key driver of housing
READ MOREThe UK government has confirmed that all rental properties in the private sector must achieve an Energy Performance Certificate (EPC) rating of ‘C’ or above by 2030. This mandate is part of the broader push to improve energy efficiency and reduce carbon emissions. However, as an estate agent in Lancaster, it’s clear that many landlords
READ MOREIf you’re a Lancaster homeowner or landlord considering selling your property in early 2025, it’s important to understand the timelines and market dynamics involved. From listing your property to completing the sale, the process in Lancaster typically takes about five to six months on average. Here’s an overview of what to expect and how to
READ MORELet’s face it – doing property maintenance isn’t many people’s idea of a good time. However, keeping on top of maintenance can help ensure your property’s value in the long term. Here are our top three tips for maintaining your property’s value over time. 1. Look after your roof (and your roof will look after
READ MORENow that the dust has settled on the Autumn Budget, let’s look at how it will impact the property market. When the Chancellor unveiled her Budget a fortnight ago, she didn’t do things by halves. Rachel Reeves went big on tax, spending and borrowing in a Budget that accounting firm PwC described as “a concoction
READ MOREA recent study by Dataloft and PriceHubble has revealed that 53% of homeowners are now considering buying a new-build home, marking a significant increase from last year’s 47%. This shift appears to be driven largely by rising energy costs and a desire for improved home efficiency. Surprisingly, the trend is consistent across all age groups,
READ MORENow the dust has settled on the Budget, let’s look at what it might mean for landlords and buy-to-let investors. The overall themes behind the Budget, according to Chancellor Rachel Reeves, were economic stability and growth, investment and putting more money in our pockets. But there were also £40bn of tax rises to fill the
READ MOREIn the current Lancaster housing market, setting a realistic asking price is critical for anyone looking to sell their home efficiently. With higher mortgage rates for many and a marked increase in properties for sale, sellers might feel tempted to aim high on price. However, overpricing can create unexpected obstacles, delay sales, and even reduce
READ MOREThe recent decision by the Bank of England to cut interest rates to 4.75% brings welcome relief for many in our community. For those on tracker mortgages, this change offers an immediate boost to finances, while others on standard variable rates should see at least part of this reduction passed on by lenders. Fixed rate
READ MOREIn the past few years, the rental market across Lancaster and the UK has seen a period of high growth, with demand pushing rental prices to new heights. However, recent data indicates that the pace of rental growth has started to slow. Across the UK’s largest cities, rental growth has reduced from an average of
READ MOREWhy Great Presentation and Competitive Pricing Matter More Than Ever Lancaster’s housing market is enjoying an interesting shift, offering a balanced landscape for both buyers and sellers. With both Rightmove and Zoopla reporting that the number of available homes per estate agent reaching its highest level since 2014—a 12% year-on-year increase—buyers now have a wealth
READ MOREWhether you’re a Lancaster homeowner considering selling, a first-time buyer, or an investor weighing your options, understanding the current property market dynamics is crucial for informed decision-making. What Defines Lancaster’s Property Market? One of the best ways to gauge the Lancaster property market is by examining the percentage of properties marked as “Sold STC” (Sold
READ MOREAfter months of fevered speculation, Chancellor Rachel Reeves will unveil her autumn Budget next week (Wednesday 30 October). As the announcement could have important implications for landlords, let’s consider what might be included in it. But first, a caveat Leaks and rumours accompany the lead-up to any major fiscal event, and this Budget – Labour’s
READ MOREPM Keir Starmer has already issued a warning that next week’s Budget will be painful… to help fill a ‘£22 billion black hole’ of debt. So, could this Budget be painful for homeowners? In this article, we’ll take a look at what Chancellor Rachel Reeves might be planning. Capital gains tax It seems highly likely
READ MOREHomeownership has become an increasingly elusive goal for young people in Lancaster. Rising living costs, stagnant wages, and stricter mortgage requirements are making it harder for under-34s to get on the property ladder. But how bleak is the situation, and is there hope for those struggling to find a home of their own? Lancaster’s Housing
READ MOREWhen selling your Lancaster home, it’s tempting to list it at a high price, hoping for a bigger payday. However, pricing your home too high can lead to delays, stress, and, ultimately, disappointment. Many homeowners and estate agents overlook the problems that come with overvaluing. Here’s why correct pricing is essential for a smooth and
READ MOREThe terraced house, particularly in Lancaster, has seen a resurgence in popularity, though one might argue it never truly fell out of fashion. Traditionally associated with Victorian Britain, these simple, two-up two-down properties are being rediscovered by modern buyers, particularly first-time homeowners, who are drawn to their affordability, practicality, and historical charm. Recent research, such
READ MOREIn Lancaster’s competitive property market, many homeowners face the tough decision of lowering their asking prices to attract buyers. With the number of homes on the market in the Lancaster area (LA1 and LA2 ) rising from 552 in August 2022 to 905 in August 2024, sellers are finding that strategic price adjustments are more
READ MOREThe Bank of England recently voted to maintain interest rates at 5% during their September meeting, having reduced them in August. Encouragingly, more cuts may be on the horizon if inflation continues to ease. This is welcome news for home sellers in Lancaster as lower interest rates tend to make the housing market more attractive
READ MOREOver the past five years, rental prices across the UK have soared, creating a noticeable divide between cities. St Albans, located just outside London, now holds the title of the most expensive city to rent outside the capital. Tenants there face an average rent of £2,307 per month, a staggering 71% above the national average.
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As more companies encourage employees to return to the office, either full-time or through a hybrid model, homebuyers are adjusting their priorities. During the pandemic, many buyers sought larger homes in suburban or rural areas, thanks to the flexibility of remote work. Now, with more workers splitting their time between home and
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Buying a home has become more challenging over the past decade. With rising home prices and the need for large down payments, many people are finding it tough to purchase a home on their own. In fact, recent studies show that 1 in 10 homebuyers now rely on financial help from friends and family to
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In a positive turn for the UK housing market, Jthe uly data released by the Bank of England revealed a 26% rise in mortgage approvals, with nearly 62,000 approvals—the highest monthly rate since the Truss mini-budget in September 2022. This uptick indicates growing confidence among buyers, as the UK continues to experience more favourable conditions
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Are property prices increasing? It’s a question that we get asked a lot. Sellers hope they are, buyers hope they are not! Here are the facts. In August, we saw UK house prices rise by a modest 0.3%, with annual growth picking up to 4.3% – the fastest we’ve seen since late 2022. However, it’s
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The Lancaster property market (LA1 and LA2) has seen significant shifts over the last few years, with a doubling in the number of homes available for sale since mid-2022. This highlights the need for homeowners to adopt realistic pricing strategies to attract buyers and secure timely sales. Lancaster Market Trends (2019-2024) From January 2019 to
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The Lancaster property market has seen significant ups and downs since 2019, influenced by both challenges and opportunities. A review of the market, using data from 2019 to 2024, helps shed light on the key trends and factors that have shaped home buying and selling in the area. The accompanying data compares Lancaster’s monthly house
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On Wednesday, Parliament had the first reading of the Renters’ Rights Act, and I’d like to reassure landlords that there’s nothing in these proposals that should catch you off guard. Most of the changes were part of the Conservative Party’s agenda before their leadership change in July. Regardless of the political party in power, these
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Since 2020, the UK property market has experienced significant shifts, driven first by the post-lockdown property boom and then by a rapid series of interest rate hikes aimed at controlling inflation in 2022 and 2023. Many experts predicted that these challenges would cause a property market crash, but this has not happened. In fact, the
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The UK rental market faces significant changes with the Labour government’s proposal to raise the minimum Energy Performance Certificate (EPC) rating for rental properties from E to C by 2030. This initiative, aimed at combating climate change and improving housing energy efficiency, presents challenges and opportunities for landlords. Background on EPC Regulations EPC regulations were
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In recent years, the UK rental market has seen significant growth, with tenants facing increasing rent prices as demand consistently outpaced supply. However, the tide appears to be turning. As an estate agent in Lancaster, I’ve observed that the pace of rental growth is now slowing, providing some relief to renters who have been feeling
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Lancaster, known for its rich heritage and strategic location, is becoming increasingly attractive to families looking to buy or rent homes. This article provides insights into the current housing landscape in Lancaster, comparing it with national trends and highlighting opportunities for homeowners and landlords. Lancaster Family Homes: A Snapshot As of the latest data, Lancaster
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The UK mortgage market is witnessing a much-anticipated relief as rates fall to their lowest level since March 2024. According to Moneyfacts, the average two- and five-year fixed mortgage rates saw a significant decline between July and August, dropping to 5.77% and 5.38% respectively. Some lenders now have rates below 5%. This marks the end
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The Labour government has announced a significant policy change to impose a 20% value-added tax (VAT) on private school fees across the UK, starting 1 January 2025. The revenue generated will be used to recruit 6,500 new teachers in England, addressing critical staffing shortages in state schools. Policy Overview Historically, private schools have been exempt
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This week’s 60 second investment comes from New Quay on St Georges Quay. It is a 1 bedroom, contemporary apartment, neutrally decorated with an excellent open plan living area, complete with modern kitchen. The apartment benefits from its own parking space and easy access to local amenities and the city centre. It is on the
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Are you considering moving within Lancaster in the next six to twelve months? Whether you’re looking to buy your dream home, sell your current property, or invest in a buy-to-let, understanding the current market is key to making informed decisions. Understanding Lancaster’s Property Market The Lancaster property market’s dynamics can significantly influence your strategy, whether
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Lancaster, celebrated for its vibrant culture and rich history, remains a desirable place to live. However, with approximately 12,398 people per square mile, concerns have arisen about potential overcrowding. But is Lancaster truly overcrowded, or are these figures misleading? Understanding Population Density The United Kingdom, with a population density of around 1,065 people per square
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The government has made clear its commitment to building new homes to address the housing crisis, with surveys indicating that a growing number of people support new and in some parts of the country, much-needed developments. However, achieving this goal will be challenging. Only 114,000 new homes were built in England and Wales in the
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Despite recent inflation, buying a home today remains more affordable as a percentage of take-home pay compared to 35 years ago. The average value of a first-time buyer property in Lancaster has risen by 401.5% since 1989, reaching £168,800 in 2024. Yet, what truly matters is the monthly cost relative to one’s salary. According to
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Rightmove have just released their rental tracker for the second quarter of 2024 and I just wanted to share what is happening in the private rental sector and what we may see moving forwards. Posted in Property deals Tagged Buy to Let Lancaster, Investment properties lancaster, jdg, JDG Estate
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In 1979, the UK saw a major shift with Margaret Thatcher’s rise to power, setting a new direction for the nation. Fast forward to 2024, and we might witness another pivotal change with Sir Keir Starmer and the Labour Party. These significant moments often lead to substantial shifts in various sectors, including the property market.
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We’ve had The Euro’s. We’ve had Wimbledon. We’ve even had a general election, and through it all, despite the opinions of some estate agents, houses have continued to sell. Next is the Olympics. Will this be the latest excuse used by estate agents across the UK for homes that struggle to sell? As we await
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The King’s Speech, delivered by King Charles, outlines the Labour government’s priorities following their recent election win. Here are the highlights for Lancaster homeowners and landlords: 1. Renters’ Rights Bill This bill aims to improve the private rental sector in England. Key proposals include: Abolishing Section 21 with clearer grounds for possession.
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During peak rental season, demand for homes is high, leading to swift transactions in the housing market. According to Dataloft Rental Market Analytics by PriceHubble, homes are renting out rapidly nationwide, with a median listing-to-renting time of just 12 days. Over half of all properties find tenants in under two weeks. 1-bedroom flats are particularly
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In 2024, fixed-rate mortgages continue to be a popular choice among UK borrowers, offering the stability and predictability that many homeowners seek in uncertain economic times. Despite a slight retreat from their peak popularity—down from a high of 95.5% in September 2022—the preference for fixed rates remains strong. This trend is significantly different from the
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The length of time it takes to sell a property is a key indicator of the property market’s health. This metric offers insights into supply and demand dynamics, estate agency efficiency, and overall market confidence. For Lancaster homeowners and investors, understanding these trends aids in making better decisions. Fast sales usually reflect a strong market
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As the 137th Wimbledon Championship gets underway, tennis enthusiasts are once again inspired by the thrilling matches and legendary performances on display. For those looking to recreate their favorite match moments at home, the good news is that there are 1,050 homes currently available across the country, each boasting its own tennis court. These properties
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As the school year wraps up and summer holidays beckon, letting agents like ourselves are gearing up for a bustling period. It’s a busy time for us, as around a third of all new tenancies for the year commence within the next three months. According to data from Dataloft Rental Market Analytics by PriceHubble, an
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A critical lack of housing undersupply is a well-known issue in the country’s housing market. Previous governments have promised to build more homes, but planning and financial obstacles have often hindered progress. Now, the new Labour government has stepped up with an ambitious plan to address this long-standing problem. Labour has pledged to build 1.5
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As an estate agent in Lancaster, I find it essential to provide a clear perspective on the local and national property markets, countering media myths. Despite ongoing predictions of a housing market crash since September 2022, both the British and Lancaster property markets remain stable. National Homes for Sale To assess market health, we first
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The UK property market has shifted significantly during the pandemic. A notable change is the rise in properties for sale due to ‘buyer’s regret.’ Many homes purchased in 2020 and 2021 are now back on the market. Currently, 694,281 properties are for sale in the UK, with 8.2% owned by post-lockdown buyers. This article will
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The UK General Election’s impact on the property market so far, both nationwide and in Lancaster, has been minimal, with market trends, buyer interest, and property values remaining stable despite political anticipations. Economic fundamentals, interest rates, and housing supply continue to exert greater influence over market dynamics. Lancaster homeowners and buyers have prioritized these fundamental
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This week’s 60 second investment comes from Kellet Court, just off of Fairfield Road in Central Lancaster. It is a 1 bedroom, ground floor apartment in a small development with some lovely communal gardens and areas to sit. It has a good size lounge, fitted kitchen and bathroom as well as the double bedroom. It
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The UK’s property market is complex, with many factors affecting prices. A key yet often overlooked indicator is the price per square foot, which allows for consistent comparisons. This article explores these figures for the UK, North West, and Lancaster, highlighting the importance of this metric. National Trends: The UK Perspective UK property prices have
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The UK property market has shown surprising resilience despite economic challenges over the past 18 months. Analysts predicted a severe downturn in house prices in the autumn of 2022, expecting declines between 20% and 35% due to economic uncertainty, a cost-of-living crisis, and rising mortgage rates. However, house prices have remained relatively stable. Contrary to
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Over the past few years, the UK rental market has experienced significant fluctuations, with rents increasing dramatically during the Covid-19 pandemic. Between 2020 and 2022, demand far exceeded supply, driving rents to unprecedented levels. In the North West for example, the average rent has risen from £803 per calendar month (PCM) to £1,076pcm YTD in
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What is happening in the Lancaster Housing Market? Rightmove has just reported that asking prices on the portal are at an all-time high. The average house is now listed at an all-time high of £375,131, climbing 0.8% from the previous month. The top-of-the-ladder sector is driving price growth, with 4-bed detached and 5+-bed properties increasing
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It’s less than a week since the Summer election was called and already we have had conversions with at least 20 buyers/sellers about how it will affect the Lancaster housing market. Whilst some may fear an election could pause market activity, here at JDG we are finding that so far, it is
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The recent announcement by the British Prime Minister regarding the next general election set to take place in early July 2024 has inevitably stirred discussions about its potential impact on the Lancaster property market. Historically, general elections are periods of heightened uncertainty, often leading to speculation about their effects on house prices and transaction levels. However, examining
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This week’s 60 second investment comes from Ashwood Court in the Greaves area of Lancaster. It is a one bedroom apartment with bright and airy rooms. It comes with its own dedicated parking space as well as visitor parking. There is easy access to local amenities as well as the canal and Royal Infirmary. It
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Are you waiting to sell your Lancaster home because of an upcoming election? If so, you are not alone. We see it everytime there is an election. We saw it with Brexit. We saw it with Covid. We even see it when Christmas is coming up! Except for Christmas, why do people wait? Often it
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Lancaster, a vibrant city with a diverse property market, offers countless opportunities for homeowners seeking their next home. However, navigating this landscape requires a strategic approach to avoid common pitfalls. If you’re a current Lancaster homeowner weighing up your options for a potential move, this guide will shed light on some key factors to consider.
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Today’s topic is a sensitive one. We are discussing rental growth and how rental prices have increased considerably since COVID-19. In the past 5 years, mainly due to a mix of high rental demand, a huge shortage in rental properties and an increase in costs that landlords are experiencing, rents have increased in Lancaster by
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Did you know, across the UK, Lancaster included, terraced houses are the property type selling the quickest across the UK, at an average of just 56 days, followed closely by semi-detached houses at 58 days. Flats are taking an average of 75 days, while detached houses are taking the longest to sell
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Most days now, Lancaster landlords and tenants ask us about the renters reform bill. Questions range from, What is it? When is it coming in? How will it affect me? This is why we have written this short article which features the key points. If you would like to discuss it in more detail, please
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May is here and with the anticipation of the warm summer months ahead of us, with sun-drenched hot beaches and cold ice cream, any thought of Christmas seems a million miles away. Yet many people who wish to move would like to be in for Christmas. If that is you, listen up, as you might
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Rightmove have just released their rental tracker for the first quarter of 2024 and I just wanted to shared what is happening in the private rental sector.
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This week’s 60 second investment comes from Abram Close down on St Georges Quay. The property is a two bedroom apartment which has been tastefully decorated to a high standard. It offers open plan living, two bathrooms and its own parking space. It is ideally located for walks down the Quay, as well as access
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Week 8 of our JDG questions and answers looks at the topic of EPCs. These are important for both sales and lettings – check out what Michelle and Josh have to say about them! Let us know if you have your own sales of lettings question you would like answered!
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Today’s 60 second investment comes from the city centre of Lancaster on Bulk Street. Equitable house offers a range of different apartments and this particular on has two bedrooms. It offers double height ceilings with character features such as exposed beams and sash windows to some rooms. It has an open plan
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What is the difference between Multi Agency and Sole Agency agreements when selling your home? That’s our question for Michelle in Episode 7 of our ask JDG Q&As. If you have any questions for Michelle, just give us a call on 01524 843322!
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A few weeks ago, I stated that of the Lancaster properties that have sold subject to contract (stc) in the three months of Dec, Jan & Feb, it took an average of 62 days to sell. The UK average was 78 days. Time has moved on and now, looking at the last 3 months, the
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This week’s 60 second investment comes from Denmark Street in the Marsh area of Lancaster. The 3 bedroom, mid-terrace property offers bright, neutral living spaces with a modern kitchen and bathroom. To the rear there is a generous yard which is often a rarity in mid terrace properties. It has great access
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We often think of great access to green space applying more to the countryside than built-up areas but there is a surprising amount of green space (parks, playing fields and other accessible green space) in our towns and cities with much of it within easy reach. Analysis of recently published data from
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In the articles on the Lancaster property market, we like to provide an insight into the real story of what is happening in our Lancaster (and national) property market and address the misconceptions that some of the media have been spreading. Despite almost daily reports of a housing market crash since September 2022, the data
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It is Week 6 of our JDG question and answer sessions. This week we look at Inventories on the rental side and Josh answers ‘what are they and why are they important?’ If you have your own questions or would like any further info – just get in touch!
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Many Lancaster people I talk to in their late 30s to late 40s are relying on the inheritance from their baby boomer generation parents to help them in their home-buying and retirement future. It is true there is £2 trillion (£2,040,861,524,790 to be exact give or take a few pennies) tied up in equity in
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Did you know? It is almost 16 years since EPC’s first came into regulation if you wanted to sell your home. For years buyers paid little interest in them, they had very little impact on a buyer’s decisions, nor did they affect what a buyer offered. Fast track to 2024, and people do care. We
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This week is week 5 of our Q&A sessions with Michelle and Josh. In this episode, Michelle explains to us what Material Facts are and what the parts A, B and C are. If you want to know more or have a question of your own, give us a call on 01524 843322
READ MOREambergris caye real estate Belize is a country that sits between Central America and The Caribbean. It is nestled south of Mexico and east of Guatemala, making it unique in the sense that it has both mainland & island communities. The majority of Real Estate on Ambergris Caye is located in the town of San
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Whether you are a Lancaster landlord looking to liquidate your buy-to-let investment or a Lancaster homeowner looking to sell your home, finding a buyer and then getting the legal work done can take a frustratingly long time. It is a step-by-step process that can take many months. One of the worst parts of house selling
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This week in Episode 4 of our Sales and Lettings Q&A we focus on the topic of Right-to-Rent checks and what they mean for new tenants moving into a property. If you have any questions you would like covering – drop us a message on [email protected]
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It’s almost Easter. The Easter bunny has visited the JDG office with Lindt bunny gifts for the JDG team. We will all be on a chocolate high this weekend. Because it’s Easter, talks in the office turned to chocolate with Michelle asking everyone how they eat their cream eggs and the lads
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We are at Episode 3 of our sales and lettings Q&As – covering all of the popular questions we get asked in just 3 minutes! This week, Josh grills Michelle on AML checks! If you have a sales or lettings question you would like to ask, drop us an email on [email protected]
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At the beginning of each month, I always prepare my market update report for LA1. However, in addition to that report, I thought I would take a different approach, this time incorporating the data from LA2 and comparing it to the national market. For February 2024, the UK property market has seen
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Welcome to Episode 2 of our 3 minute Q&As. This week, Michelle asks Josh all about the differences between a traditional Deposit and the deposit alternative, Reposit. If you have any property questions you would like answering, let us know by emailing [email protected]
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How often do people move? I know people who have moved every few years and people like my Mum who have lived in their homes for 50 years plus. Over the last six years, 76,669 UK properties have sold each month, meaning the average British homeowner moves every 16 years and 7 months. This data
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Spring is almost here and lots of Lancaster homeowners are getting their homes ready for marketing in the Spring. Easter is early this year which is bringing many homeowners moving plans forward. Lots of homes are getting valued, I can this confidently having already booked 250 valuations so far this year and it’s only early
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Welcome to our new 3 minute Q&A episodes where we delve into the most common questions we get asked at JDG Estate Agents. This week, it is a Sales question and we ask Michelle, ‘What is the difference between freehold and leasehold? If you have any property related questions, you would like answering, drop us
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This week’s Lancaster investment comes from Dunkeld Street in the Moorlands area of Lancaster. This mid-terrace offers two great sized bedrooms as well as a good sized lounge with open stair case and views through to the fitted kitchen. There is a generous modern bathroom on the ground floor too. Close by
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41.16% of Lancaster households are 3–bedroom homes. Is that enough? As a local estate and letting agent in Lancaster, it’s essential to analyse property trends, particularly focusing on bedroom distribution in different tenures. This detailed examination helps homeowners and landlords in making well-informed decisions, categorizing properties based on ownership and bedroom count. Looking at different
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The UK’s property market is facing a significant challenge as the availability of homes for rent has plummeted to its lowest level in five years, exacerbating the difficulties tenants face in finding affordable accommodation. This alarming trend was highlighted in a recent analysis, which revealed that in 2023, only 261,542 private rental homes were available
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Love is in the air….. This week in the JDG office talk has turned to Valentine’s Day and who plans to celebrate. We’ve all got bets on who will get flowers in the office, and I can tell you this year, having just moved home, it’s not going to be me! Renovation costs of our
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The number of agreed UK property sales until the last Sunday of January (28th) is 8.35% higher than a year ago. Tumbling mortgage costs have encouraged buyers and sellers to return to the property market. The market is more buoyant. Every UK region has seen an increase in the number of properties selling (subject to
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This week’s 60 second investment comes from Victoria Wharf on St Georges Quay in Lancaster. This first floor apartment offers open plan living, incorporating a kitchen diner as well as a good size double bedroom and bathroom. It is in a great location right on the quay with easy access to the
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As an experienced estate agent in the Lancaster community, I’ve always prided myself on offering transparent, informed advice to local homeowners. Today, I’d like to provide a balanced perspective on the current housing market trends and what they could mean for those contemplating selling their Lancaster homes. The housing market is an ever-evolving landscape, and
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Have you dabbled with AI yet? The chances are you have. Many of us have now tried Chat GPT. We’ve used photograph filters online. Even Google is an early form of AI – a computer doing the heavy lifting when it comes to research. 2023 was the year when AI took a
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Today I want to chat about the rental market. Several times a week I get asked about rental prices. These questions often get by prospective residents (tenants) and of course, new landlords to be. There is no doubt about it. Rents have risen rapidly over the past few years. Across the UK, there has been
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As an experienced estate and letting agent based in Lancaster, I have been closely monitoring the trends in the UK property market. As of January 11th, 2024, the market has shown a solid start, a trend worth exploring, especially in how it might mirror or differ from the local market in Lancaster. In the first
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I love property data. I love to know what is selling, where it is selling and what property type is selling. I look for trends and patterns. By knowing what is happening, I can truly advise my clients better. The latest data shows over 900,000 property transactions across England and Wales have taken place in
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This week’s 60 second investment comes from Westham Street in the Primrose area of Lancaster. This mid terrace offers 2 bedrooms, a generous living room as well as modern kitchen and bathroom. It is in a popular area with easy access to the city centre as well as the universities and Williamson park. It is
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Did you know? Rightmove has just reported that the average new seller’s asking price rose by 1.3%, the biggest price rise for January since 2020. This is over double the 20-year average of +0.6%. Headlines like this concern me and can sometimes be confused by home sellers that house prices are rising.
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In a recent financial turn, Lancaster residents are experiencing a wave of relief as mortgage rates across the UK take a surprising dip. This reduction, led by major lenders, signals a potential opportunity for the Lancaster housing market, directly affecting homeowners, landlords and first-time buyers in the city. Let’s delve into what this means for
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As we move forwards into 2024 there are sure to be some interesting changes ahead of us in the Lettings Industry. We spoke last year about the Renters Reform Bill and I just wanted to provide an update on progress. Check out the video and if you have any questions, please don’t hesitate to get
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Your latest insights into the Lettings Industry – January Edition! We like to keep up to date with the latest goings on in the industry and share them with your- here is your lowdown on what is coming up. We also review the latest stats from December 2023. Let us know if you have any
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This week’s 60 second investment comes from Mill View House in the popular Aalborg Place development in Lancaster. It has an excellent location right next to the canal and local restaurants and bars as well as easy access straight into the city. The apartment itself is a modern studio with contemporary kitchen
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As I review the performance of the Lancaster property market in 2023, it’s evident that despite the challenges, the housing sector in Lancaster has shown remarkable resilience. At the beginning of the year many commentators suggested house prices would drop like a stone in 2023. The Halifax thought there would be an 8% drop, Savills
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The Lancaster housing market, like many others, has experienced a notable shift in 2023. The percentage of home sales agreed and moved (completed) compared to those withdrawn from the market unsold has decreased relative to 2022. At JDG we like to look at independent data. In this article we look at the data for the
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As we stand at the threshold of 2024, facing economic uncertainties and a shifting housing landscape, the significance of correct pricing in Lancaster’s property market has never been more pronounced. This comprehensive guide delves into the crucial aspects of property pricing and its profound impact on the property market transaction process. Lancaster’s Property Market: A
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It’s December. And despite all the festive frivolity, we have been chatting with local landlords who are planning to expand their portfolios in 2024. A big focus has been on what is renting? On one hand, we could easily say anything and everything, however over the past 6-9 months we have seen
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