December 21, 2017
Enjoy Local is coming to Reddish in 2018 following the success of our Heaton’s, Stockport and Didsbury’s launches… If you own a business or know of somebody who owns a business within the postcodes of SK5 then please get in touch. It is a great community project which has been growing in popularity since it’s release earlier in the year!
December 18, 2017
How far people travel to work says a lot about the nature of an area. For example if people live and work in market towns there is likely to be a lot more community spirit to experience in daily life. When people are travelling further afield to work, they effectively spend their days on two different communities. It will be interesting to see if community spirit increases as people work more from home.
December 15, 2017
In this analysis we’ve looked at how sales of property types have stacked up over time (literally!). For each of the last eight years we show what number of sales are accounted for by flats, terraces, semi-detached and detached homes. This analysis is very useful because it shows not only the total number of sales, but the types of properties it comprises.
December 11, 2017
As one year ends and another begins, we thought we’d take a look at what’s happened in the Reddish market over the last 12 months, and what a year it has been. It’s true that something of a ‘cold front’ has been moving across most of the country, but the strong fundamentals which underpin the SK5 market mean that we’re well placed to weather any storm.
December 10, 2017
The relationship between rental income and the amount you can borrow to finance your investment is one of the most important.
One of the first checks lenders make when you apply for a buy-to-let mortgage is whether the rental income is high enough to cover the repayments and associated costs of letting the property.
Although it can vary, lenders usually want rental income to be 125-130 per cent of the amount you repay on the mortgage each month. Knowing this, it makes sense for you to check these figures for yourself, before you apply, by following these steps:
November 29, 2017
Edward Mellor have a great two bedroom end terrace on the market for £82,000 scheduled to be sold at auction on the 6th December. As per the photographs on Right Move it doesn’t appear to need any major refurbishments other than a light cosmetic touch up.
November 27, 2017
Very rarely do you take out a mortgage and stick with the same one for the whole term i.e. 30 years, until it is paid off and you’re mortgage-free (oh, the dream!).
Each household is different and there are various reasons why you might look to remortgage. Perhaps you want to borrow more money or maybe you’ve seen a better rate that you’d like to switch to.
Here are some other reasons why you might want to remortgage your home.
November 27, 2017
You may well have heard of remortgaging but never fully understood what it means. In layman’s terms, remortgaging is when you look to move from one mortgage deal to another, either sticking with the same lender or moving to a new one.
A mortgage is likely to be your largest financial commitment lasting you many years, but you don’t necessarily have to stay on the same mortgage as the one you initially took out, as your personal circumstances may, and probably will, change over the years, giving you a reason to remortgage.
Just as you did when you took out your first mortgage, it’s important to reevaluate your finances every now and then, and consider all your options in order to know you’ve got a mortgage that is right for you at that moment in time.
November 22, 2017
If you haven’t already heard, first time buyers will NOT pay stamp duty up to £300,000 with immediate affect. We are still waiting on clarification if this applies to people who have already exchanged. This could save some first time buyers up to £5,000, which will certainly help people moving onto the property ladder.
As this will now bring more first time buyers out of the wood work it will increase demand at the lower end of the market place. The ripple effect of this will see demand for people to move up the property ladder, so larger family homes will also see the benefit.
This is great news to our local market and the UK property market as a whole, which is much needed due to the constant negative news stories surrounding the property market recently and Brexit causing uncertainty.
The other good news is funding for new builds will be supplemented by £44bn which should fuel a very positive housing market in 2018 and going forward.
If you would like any advice on how this may effect you directly please do not hesitate to contact me personally.
November 16, 2017
There are 4 million children who live in poverty across the UK, and for these families buying Christmas presents is a luxury they can’t afford. That’s why Key 103 has joined up with Cash for Kids and launched Mission Christmas. We are delighted to announce that Julian Wadden are taking part in Key 103’s Cash for Kids 2017. All 5 of our offices at Stockport Exchange, Didsbury, The Heatons, Reddish and Marple will be used as drop off points over the coming weeks.
In 2016 over 2.9m was raised through cash and presents, making Christmas special for 60,800 local children, and they are aiming to achieve more this year!
All we need are any presents – new and unwrapped. . Gifts suitable for children aged between 0-18. The addresses for all 5 branches are as follows:
Julian Wadden Didsbury: 764b Wilmslow Road, Didsbury, M20 2DR
Julian Wadden Heatons: 14 Moorside Road, Heaton Moor, SK4 4DT
Julian Wadden Marple: 2 The Hollins, Marple, SK6 6AY
Julian Wadden Reddish: 16 – 18 Gorton Road, Reddish, SK5 6AE
Julian Wadden Stockport: 81-83 Wellington Road South, Stockport, SK1 3SL
If you want to find out more and get involved then you can do so by clicking here