£600 a week - That's how much your property can potentially decrease in value by for every week it remains on the market but doesn't sell.
2017 has been a fantastic year for Preston Baker! We’re taking what we’ve learnt to only sell our properties through our trademarked Property Launch approach - which sells properties for more than £6,500 more on average.
Ian Preston looks at the recent interest rate and what that means to both savers and investors. Mortgages are still incredibly cheap, is it time to invest while this is still the case?
The latest property figures are in, and it continues to look positive for the Yorkshire and Humber region, with all our branch areas posting positive changes.
Ian has an issue with fake news in this month's market update. London-centric journalism about the fall in house prices and sales doesn't truly reflect the real story in the north, and particularly Yorkshire.
More than half of all the local authorities across Britain are more affordable now than they were in 2007, according to research from Yorkshire Building Society.
According to a recent report, the UK housing market slump is continuing thanks to the uncertainty surrounding Brexit and the increases in stamp duty.
It might only be September but Ian's talking about Christmas in his market update. If you want to move before the festive period, you have just four to six weeks to agree a sale.
According to the latest UK House Price Index, all five of our main offices are seeing significant increases as we head towards the autumn.
Leeds house prices £350,000 cheaper than the capital, as city is named in the top 10 most affordable UK city for first-time buyers.
Passing a milestone! This month Ian discusses selling our 1000th Property Launch home and the effects of duration on market and price.
Yorkshire and the Humber property prices fell by 1% in July but are still 4.1% up on this time last year.
The latest data from the government showed that properties in England have increased in price by 5% from May 2016 to May 2017.
Ian talks about what house prices are doing in Yorkshire and his top three tips for helping you find a property this summer.
Elections and periods of uncertainty like Brexit often breed a lack of confidence in things like property but our branches aren’t seeing any negative effect from either.
Ian Preston gives some great advice for home movers thinking of getting the process started over the summer.
Ian Preston shares his thoughts with Ben from Minster FM on Yorkshire's economy.
This month Ian discusses the latest market trends and walks through how to use our new buy to let calculator - ideal for property investors to understand their yield longterm on a property.
With summer coming up, it is also a grow time to add a home improvement to either generate more space or increase the price of your property.
Our region is showing signs of having a good 2017 with positive property price rises across all of our areas in the first quarter of this year.
We’ve seen a great deal of inner-city property development in Sheffield that caters for the exponentially growing market of students.
Being the second largest economy in the Sheffield City Region, Doncaster is a key part of growing a resilient and balanced local and regional economy.
The third largest city in the UK and growing exponentially, Leeds is home to a working age population that is increasing quicker than European cities like Berlin, Madrid and Milan.
This month Ian discusses the slow down of house price inflation and introduces our new buy to let calculator ideal for property investors.
Recently, the English Housing Survey stated 49% of these properties owned by the Generation Trapped, as I have dubbed them, are ‘under-occupied’
1,107 Selby Tenants have no intention of ever buying a property to call home.
Ian Preston gives advice on getting in to the buy to let market and how to assess the suitability of a property with the Preston Baker website.
Over the last 12 months, 3,934 properties have sold (and completed) in York, worth £1.010bn. Interestingly the number of properties changing hands in York has also dropped when compared to a decade ago.
Spring is just around the corner and in this month's update Ian Preston discusses the effects of inflation on interest rates and why now is an ideal time to sell your home.
There are 2,882 people in private rented properties in Selby - should you be investing?
In late May 2016, George Osborne, published an official HM Treasury analysis stating UK house prices would be lower by at least 10% (and up to 18%) by the middle...
Over the past two decades, Sheffield has been transformed and the economic benefits of this have been seen with improved employment, increased Gross Value Added and raised house prices.
Despite Article 50 looming and uncertainty in the market, there are still some great mortgage interest rates about.
This month Ian talks about the changing ways people are buying and selling houses and how at Preston Baker we are changing our business to make sure it is properly aligned with your needs.
There is a lot of talk at the minute about how a number of recent factors are having an effect on the Yorkshire property market.
In the last 14 years, since the autumn of 2002, the total value of Selby property has increased by 65% or £441.9 million to a total of £1.12 billion.
The semi-detached house with its bay windows and net curtains has long been ridiculed as an emblem of safe, lacklustre and desperately uncool suburban life; the homes of the likes...
People's habits of browsing properties to buy has changed we all use more and more devices meaning we're 'always on'.
Ian Preston looks ahead at 2017 and makes his predictions for the residential sales market in Yorkshire.
Ian Preston reflects on 2016 market and looks ahead to 2017 from the point of view of landlords and property investors
Ian Preston reflects on the Autumn Statement as well as latest figures from our Property Index for Yorkshire. He also comments Preston Baker winning 3 gold awards at the Estate Agency of the Year awards.
With the launch of the Chancellor's Autumn Statement this week, there have been some very interesting discussions being had around his announcement of the ban on Lettings agent fees for...
Christmas is just around the corner - in Ian Preston's November update he discusses the positive signals he's seen of improvement in the housing market post-Brexit.
This month we are proud to introduce you to the Preston Baker Property Market Index for Yorkshire.
Even the sanest person in Britain has to admit the Brexit vote will, in one shape or another, affect the UK Property market. Excluding central London which is another world, most commentators are saying prices will be affected by around 10%.
In the Selby District Council area, the average number of occupants per household is 2.4 people.
90.8% of Selby Homeowners are over 35 - The affect of their Brexit vote on the Selby Property Market
Well it’s been 7 weeks since the Referendum vote on June 23rd and we have had a chance to reflect on the momentous decision that the British public took.
Ian discusses the negative impact of the media on some sellers and gives some of his top tips for anyone struggling to sell at the moment.
Call me old fashioned, but I do like the terraced house. In fact, I have done some research that I hope you will find of interest if you're part of the York property market.
Our MD and property expert Ian Preston reflects on developments post EU referendum and the Brexit vote 2 weeks on.
Our MD and property expert Ian Preston reflects on the BREXIT vote and what this means for house prices and interest rates in Yorkshire.
59.2% of Selby Voters voted to leave the EU - what now for the 5,757 Selby Landlords and Homeowners?
What next for the 4,541 Selby homeowners especially the 2,474 of those Selby homeowners with a mortgage?
So we have got to two big topics to talk about today. The first one is the EU referendum and any early indications about how that may be affecting the...
The Treasury estimates that failed house purchases amount to £270 million (almost 18% or 200,000 transactions) each year and have announced they are planning a inquiry into the selling process...
My last market update for Sheffield discussed how restricted supply was affecting prices in the city.
Our branch managers in Leeds provide some insight into local conditions affecting the property market in March and looking forward into April.
Changes in the local property market for York & Selby has presented some interesting trends. Read more from our local branch managers below.
In his first Budget for 2016, the Chancellor has dealt a blow to buy-to-let landlords who own fifteen or more properties as they are now liable to pay the 3...
In Doncaster last year, the market was stronger than in 2014, but remains behind the national statistics as described by the media, which are largely propped up by growth in...
I see a slightly more cautious market going forward, as buyers and vendors expect a rise in interest rates this year.
For Headingley in 2015, the property market was exceptionally strong, especially for three-bed semi-detached homes. The average price on exchange was £190,000, which is about £10,000 above the national average.
Already in 2016 we are seeing an exacerbation in the shortage of houses available compared to the number of buyers looking to move.
A lack of supply throughout the last quarter of 2015 has resulted in prices remaining strong in Sheffield and the local climate feeling very much like a “sellers’ market”.
Selby enjoyed an extremely buoyant property market in 2015. Our new Property Launch method of sale helped many of our customers to sell their homes within ten days of coming...
Wow, what a year 2015 was for property prices, largely due to the stark imbalance in demand and supply.
The area had a fantastic 2015, with the majority of houses selling via Property Launch and achieving higher prices than expected due to an imbalance between the number of buyers...
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