How Could an Interest Rate Rise Affect You?
16/01/22
Here are 5 top tips homeowners should consider to help manage an interest rate rise. Explore locking in a fixed rate mortgage Existing borrowers whose mortgages are directly linked to the bank rate may see an increase in monthly repayments. Those who are on lender revert rates or Standard Variable Rates (SVRs) will have to wait and see if their lender will pass on the rate increase in full or only in part, whereas those who have a tracker rate mortgage are more likely to see the rate passed on in full, and possibly as soon as their next mortgage payment. A fixed rate mortgage could provide a temporary safe haven against upcoming interest rate rises as their fixed interest rates are guaranteed for a set time period. If you’re…
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Robots, Foldable TVs and More: Our Smart-Home Outlook for 2022
13/01/22
Household tech continues to advance at a breakneck pace, from energy efficiency to entertainment to automation. Developments outside the home are changing tech inside the home—think hybrid work arrangements, labor shortages and climate change, to name a few. Exactly how will that influence your kitchen,…
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Buying your first home in 2022: five things to consider
12/01/22
From mortgages to house prices, the key things first-time buyers need to know. Buying your first home is a major milestone, but it can also be a stressful and time-consuming process. We can’t speed up legal checks or deal with estate agents for you, but…
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UK homes went up £16,000 in 2021
11/01/22
Homeowners saw thousands added to the value of their homes this year with the entire UK housing stock now estimated to be worth £9.5trn, our latest House Price Index reveals. Key takeaways The average price of a UK home jumped £16,000 in 2021 to…
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Thinking of moving in 2022? Here is what you need to know
11/01/22
Have you been putting your home move off until 2022? Many home-hunters have already started putting their moving plans into action. So, to help you get a head-start, here’s how the new year housing market is shaping up so far. Signs of a ‘closer to…
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What a wonderful review to end the year on
21/12/21
Philip James work hard to ensure we deliver the best possible experience to landlords and investors.... and we love getting positive feedback from the people we deal with. We were thrilled to receive an email out of the blue from one of our Manchester landlords…
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Christmas Opening Times 2021
12/12/21
We are giving our teams a break during the festive period. Below are our opening hours for each department: Sales & Lettings OPEN on Christmas Eve 9am - 12pm CLOSED from Christmas Day until 3rd January 2022 Back open on Tuesday 4th January 2022 Property…
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Manchester’s Number One Lettings Agent
30/11/21
A Positive Outlook for the Lettings Market Our team at Philip James Lettings in Manchester are leading the way, having lets agreed on 414 properties in the last 11 weeks. We have let more than double our closest competitor, which is a huge achievement. Data…
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Planning Requirements for Landlords
25/11/21
A lot of landlords are not aware that in Manchester planning is required to rent out a property to more than two tenants (three or more separate households/tenants). This because the Council has used a legal process called an Article 4 Direction which means that development,…
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Still good returns for City Centre investors
17/11/21
There are good returns still to be had by buying apartments in established buildings! The skyline of Manchester City Centre has changed dramatically over the past 10 years with buildings going up on every spare bit of land. A huge increase of Build to Rent…
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Great returns for BTL investors in Didsbury
10/11/21
Didsbury is a great place to invest in Buy-to-Let properties, and we are the agent to find your next investment! Rents have gone up 10-12% in 2021, the average rent for a flat is £913 and a house is £1211. This along with Didsbury’s social…
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Philip James launch the Investors Club
08/11/21
We have recently launched a specialist investor club, where we work to place off market properties with investors. Below are just some of the benefits: You will have access to properties before they go on the open market. We have five sales departments across Manchester City Centre,…
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Renovating a house to sell? Here are simple tips you should follow
29/10/21
If you're selling your home, renovation is often an essential part in the selling process. It can be difficult to view a property objectively, especially if it’s one you’ve lived in for years. A space that has your name written all over it might not…
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