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Fastest Growing Property

Sell My House Quickly in Manchester

Sell My House Quickly found another interesting article about properties in Manchester. Greater Manchester borough is the fastest-growing property market in Britain. Other boroughs in Greater Manchester did not see rises, though.

Fastest Growing PropertyStockport’s property market has been named as one of the UK’s fastest-growing during the Covid pandemic.

New data shows the borough had 1,887 home surveys carried out in Stockport from January to July 2021. It’s 507 percent more than the total for last year.

That percentage change is the largest in the UK. – Property Inspect, the firm which undertook the research, says.

The data is based on the number of RICS surveys commissioned. Which check properties for damp, subsidence, and other structural issues. Buyers may not have seen it when initially viewing the building.

Now, those working in the property industry say sales will ‘continue to climb’ for the remainder of 2021.

It was despite the other areas locally seeing falls in survey numbers.

“The UK’s property market has been skyrocketing throughout 2020 and 2021 following the initial pandemic lockdown when the market was closed.” Warrick Swift, commercial director of Property Inspect, said.

“House inspections are typically conducted by a buyer before contracts are exchanged. It’s to understand more about the fabric and condition of the property. Inspections are not mandatory. However, can sometimes save buyers thousands by revealing issues that may not have been evident upon initial viewing.

“Though favourable market conditions like the stamp duty holiday have been somewhat rolled back. Properties are still in high demand across the country, pushing prices up.

We found this article about the fastest-growing property market in Britain on Manchester Evening News. Kindly click the link to read the full story.

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