Almost a quarter of landlords in the North-west plan to spend £200,000 to £500,000 to improve the energy efficiency of their portfolio, according to new research from relationship bank Handelsbanken. Polled for the bank’s second Professional Landlords Survey, 24% of them said they’re planning to … [Read more...]
News for: Housing
Support measures announced for mortgage holders following interest rate rise
Following the Bank of England's decision to raise its base interest rate to 5%, Chancellor of the Exchequer Jeremy Hunt has announced new support measures for homeowners struggling with rising mortgage repayments. The Chancellor met with the UK's main lenders and the Financial Conduct Authority … [Read more...]
North-west house prices up 4.8% on 2022
House prices in the North-west rose 4.8% in the 12 months to April 2023, according to the latest UK House Price Index published by the Office of National Statistics (ONS). The region has seen the second fastest house price growth in the UK, behind only the North-east (5.5% growth in the same … [Read more...]
Plans submitted for Davenport retirement community
Specialist developer, McCarthy Stone, has submitted plans for a new 54-apartment retirement community on Trinity Gardens, off Bramhall Lane, in Davenport, Stockport. Alongside the planning application, the developer is hosting a public consultation to engage with local residents about the … [Read more...]
Challenging economic times are making landlords think creatively, finds Handelsbanken survey
Large portfolio professional landlords are looking to pay down debt in the face of challenging economic conditions, new independent research conducted on behalf of Handelsbanken shows. This year’s Handelsbanken Professional Landlords Survey – based on nationwide research among large UK investors … [Read more...]
Together provides quarter of a million donation to homelessness charity
Cheadle-based specialist lender Together, has made a donation of £250,000 to support hundreds of young people into safe and secure housing. The donation will be directed to Centrepoint’s Independent Living Programme, which provides high quality, affordable housing for young people in order to … [Read more...]
Progress on Stockport Interchange hits latest milestone
The main structure of the residential component of the ongoing development of Stockport Interchange has been completed as work continues to progress on the site. The 14-storey building will house 196 high-quality apartments and sit alongside a new transport interchange and town centre park at the … [Read more...]
Landlords see opportunities despite tough economic climate, finds Handelsbanken survey
Despite the economic uncertainty, large portfolio professional landlords are in a confident mood, according to the findings of an independent survey commissioned by Handelsbanken. The Handelsbanken Professional Landlords Survey – based on nationwide research among large UK investors with an … [Read more...]
Contract awarded to deliver £25 million housing scheme for older people at Woodford Garden Village
Countryside Partnerships has been awarded the £25 million contract to deliver a new care home at Woodford Garden Village on the site of the former Woodford aerodrome. Plans were approved in Spring 2022 for a three-storey 87-home apartment scheme for older residents, alongside 17 two-bedroom … [Read more...]
Flats drive property sales back to pre-Covid figures
New data released by property website, Rightmove, has revealed that house sales agreed are back to March 2019 levels, with sales of flats 10% up on pre-Covid levels. Sales agreed between sellers and buyers are now just 1% behind levels last seen before the Covid-19 pandemic in 2019. The recovery … [Read more...]
Plans submitted for 144 affordable apartments in Stockport town centre regeneration district
Great Places Housing Group has submitted plans to build 144 high-quality affordable homes in the Stockport Mayoral Development Corporation (MDC) Town Centre West regeneration area. The proposals for the £34 million development on Chestergate will be the housing provider's second site in the MDC … [Read more...]
Devolution deal offers boost for social housing in Greater Manchester
Greater Manchester and the West Midlands are to receive an additional £250 million in funding for social housing following new devolution arrangements for the two city-regions. Local authorities in Greater Manchester are to receive £150 million (with the remaining £100 million going to councils … [Read more...]
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