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Kate Faulkner reports on all things property at BBC Radio Nottingham, including the latest on prices, rents and home ownership.
The latest data from the English Housing Survey for 2014/15 is one of the most interesting and useful reports on our housing stock that exists, this is just a bit of a ‘quick snapshot’ from the research, more will come and I’ll do a more detailed analysis when the full report comes out in the summer, but, you know me, latest stats on property like this, is one of the highlights of my year! Read more to find out the 'big news' and why the government can start to relax.
I am a bit confused at the moment. For me, we have a pretty good property market just now - property prices in many areas are still lower than they were in 2008; where prices are rising, in the main the increase fluctuates from 3-5% each year, bar some areas in the South and South East; rents are clearly rising in line with wages, so why are the headlines so depressing?
According to a recent report from Savills, “Manchester needs at least a further three million square feet of office space and almost 100,000 new homes over the next decade to meet rising demand". So if Manchester is a potential hot spot for property, is it just a matter of buying any property you can and keeping your fingers crossed that it will deliver a great return?
