The Stockport Mayoral Development Corporation (MDC) has announced Frances Jones' appointment as Head of Strategy and Operations to support the delivery of 4,000 new homes in the town centre. The newly created role will support the MDC in driving forward its plans for Town Centre West, a 130-acre … [Read more...]
News for: Property
Lending platform passes £150 million funding milestone
Stockport-based real estate lending platform, CapitalStackers, has provided £150 million in funding for property development after raising £540,000 for a nine-home scheme in North Yorkshire. CapitalStackers provides funding for commercial and residential property building projects to borrowers … [Read more...]
Search begins for delivery partners for Stockport 8
Stockport Council and Stockport MDC have begun the procurement process for delivery partners for the Stockport 8 development within the town centre. The eight-acre site will form new Brinksway and Station Quarter communities within Stockport MDC's vision for redeveloping the Town Centre West area … [Read more...]
New funding announced to boost overseas recognition of professional qualifications
The UK government has announced it will offer grants up to £75,000 to help regulators and business organisations have professional qualifications recognised overseas. The move aims to help boost exports within the service industries and make it easier for accountants, lawyers, architects and … [Read more...]
SME landlords plan to expand portfolios in response to demand, finds Handelsbanken survey
A nationwide survey by Handelsbanken has found that SME landlords (owning at least four properties) are optimistic about both residential and commercial demand in the year ahead. The first Handelsbanken SME Landlord Survey found 86% of landlords expect a rise in demand for residential property, … [Read more...]
Plans submitted to convert Wellington Street office building into 35 apartments
Developers, One Heritage, have submitted plans to Stockport Council to convert Seaton House on Wellington Street in the town centre into 35 apartments. One Heritage purchased the office building, a former Victorian printworks, in January 2022 for £675,000 with plans to redevelop the property for … [Read more...]
Partner promotion in SAS Daniels’ residential property team
Stockport law firm SAS Daniels LLP has announced the promotion of Tim Jordan to partner in its residential property team. Tim Jordan (pictured) joined the full-service law firm last year as director of conveyancing. He heads up the 40-strong residential property team across the firm’s four … [Read more...]
New brownfield fund opens to deliver new homes on derelict sites
A £180 million fund to build over 17,000 new homes on disused brownfield sites has launched, with local authorities invited to bid for a share of the first £40 million to be released. The fund, announced by the Department for Levelling Up, Housing and Communities on 8th July, follows a previous … [Read more...]
Glenigan forecasts construction sector will return to growth by 2023
Industry monitor, Glenigan, indicates the construction sector will see growth of 8% in 2023, despite a decline this year, in its UK Construction Industry Forecast for 2022-24. Glenigan's insights reveal a turbulent economic environment for the construction industry in the coming years, … [Read more...]
Professional footballer invests in Stockport property market
Bournemouth AFC player, Chris Mepham, alongside Performance Property Group (PPG), has purchased an 11,000 sq ft apartment building in Edgeley, as the strong property market in Stockport continues to attract outside investment. PPG is an investment business, established by investor Jay Puddy and … [Read more...]
Housing Price Index reveals 13.3% annual growth in North-west property prices
The Office of National Statistics has revealed that the average house price in the UK risen £31,000 to £281,000 in the 12 months to April 2022, according to its latest Housing Price Index data. The North-west saw the second highest housing price of any English region rise over the last 12 months, … [Read more...]
Developer sells out at Cheadle retirement community
Family-run developer, Adlington Retirement Living has sold-out at its Cheadle retirement community at The Chimes. The development is the ninth site Cheshire-based Adlington Retirement Living to sell-out, with all 48 luxury apartments at the scheme now sold since welcoming its first homeowners in … [Read more...]
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