WHAT’S THE DIFFERENCE BETWEEN A FLAT AND AN APARTMENT IN MARPLE?
Marple And The Bridge Property Blog
by propertyadmin
1y ago
The word ‘Apartment’ derives from the French word ‘Appartement’, which comes from the Italian form of the word, ‘Appartamento’. The core of that Italian word ‘appartare’ means ‘to separate’, as in ‘separate a building’. The word comes from Roman times when housing costs were so expensive within the city walls of Rome. Savvy property owners split (or separated) their houses into what we know as apartments or flats today. The word flat is derived from the Old Scottish/Old English word ‘flet’. The flet is the interior of the home. Some also think the phrase stuck as most flats are on one floor, a ..read more
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THE SHIFTING MARPLE PROPERTY MARKET
Marple And The Bridge Property Blog
by propertyadmin
1y ago
The Marple property market is on the cusp of a tipping point. It’s a tipping point that will influence Marple house prices, the number of properties available to buy, demand for those Marple properties and the lives of every homeowner and the property-owning buy-to-let landlords in Marple. This shift in the Marple property market is a big deal so let me explain. What are the two vital reasons for this shift in the Marple property market? First, the easy-going Marple property market goldmine of the past couple of years will end. The bonanza of the Marple property market for house sellers, which ..read more
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MARPLE HOMEOWNERSHIP RISES BY 482 HOMES IN THE LAST 5 YEARS
Marple And The Bridge Property Blog
by propertyadmin
2y ago
The Marple housing market over the last five years has behaved oddly. Marple house prices are 32.9% higher than in 2017, even though during those five years, the British economy had the uncertainty of Brexit and the massive fall in GDP during the pandemic. Yet, a less observed trend is that the net number of homeowners in Marple has risen by 482 households, a jump of 3.7%. Why has growth in homeownership happened, and what does it mean for Marple’s existing homeowners (and landlords)? With the newspapers full of news about the death of homeownership and the growth in Generation Rent, i ..read more
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1 IN 59 HOMES ARE SITTING EMPTY IN THE MARPLE AREA
Marple And The Bridge Property Blog
by propertyadmin
2y ago
2,233 homes in the Stockport area are empty, which represents 1 in 59 homes.  1,879 of those have been empty for more than six months and are worth £511million. Why are those properties standing empty and deteriorating and why could that become an issue for the whole of Marple? A couple of weeks ago was National Empty Homes Week, so I thought I would find out how many homes are empty in the Marple area – the numbers surprised me, so I wanted to share my thoughts about them with you. The latest Government statistics show that 1,879 properties in Stockport have been empty for more th ..read more
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MARPLE PEOPLE’S ADDICTION TO THEIR SPARE BEDROOMS?
Marple And The Bridge Property Blog
by propertyadmin
2y ago
The Housing Minister, Chris Pincher, has suggested older homeowners are “rattling around” in their homes as they are too big for them. He implied they are selfish and should sell up and move to a retirement home when he spoke to a committee in the House of Lords. He stated that many British homes are “under-occupied” and could be better used by younger families with children. He went on to say that the Government will aim to persuade UK housebuilders to build more developments suitable for OAPs, freeing up space in their existing homes, which in turn would open up more homes for first and seco ..read more
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MARPLE HOUSE PRICES – THE EFFECT OF RISING INFLATION
Marple And The Bridge Property Blog
by propertyadmin
2y ago
House prices tend to rise with inflation, so with the UK annual inflation hitting 4.2% last week, that’s good news, isn’t it? Yes and no – let me explain what it means for Marple homeowners. The year-on-year cost of living rose by 4.2% in October, its highest rate in almost a decade. The jump in prices (inflation), pushed mainly by increasing fuel and energy costs, places further pressure on Marple household budgets. So, what will this rise in inflation mean to Marple house prices? Let me look at the downsides first. The first is the effect inflation has on the true spending power or value of ..read more
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THIS IS WHY THE MARPLE PROPERTY MARKET HASN’T RUN OUT OF STEAM
Marple And The Bridge Property Blog
by propertyadmin
2y ago
In recent articles on the Marple property market, I have been talking a lot about house prices over the last 12 months and 5 years in Marple. When it comes to newspapers talking about the property market, the headline most people look at is what is happening to house prices. However, as 2 in 3 (65.1%) of Marple home sellers are also home buyers, the price is almost irrelevant. Let me explain. If your property has gone down in value – the one you want to buy has also gone down in value – so you are no better or worse off (and if you are moving up market – which most people do when they move hom ..read more
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ALBERT PLACE, MARPLE
Marple And The Bridge Property Blog
by propertyadmin
2y ago
Albert Place is a bespoke new site by Mansion House group, a stunning development of 20 new apartments in the heart of Marple town centre. All apartments are two bedrooms with two bathroom, open plan living with all modern fixture and fittings. All apartments are finished to a high standard with a selection of kitchen options complete with a comprehensive range of integrated appliances ensures this space for entertaining is as practical as it is beautiful. We’re down to our last few available apartments, here’s Georgia to show you round and give you a bit more information. To book your vi ..read more
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MARPLE HOMEOWNERS TO FACE POST-LOCKDOWN MORTGAGE RATE RISE OF £672 A YEAR
Marple And The Bridge Property Blog
by propertyadmin
2y ago
With grocery, energy and other household prices/costs rising and hitting everyone’s back pocket, inflation (rising prices) may feel like an unimportant issue when it comes to the cost of keeping a roof over your head. Yet nothing could be further from the truth for many Marple homeowners and Marple landlords. Because inflation over the long-term is bad for the economy, the normal weapon of choice to reduce inflation is to increase interest rates. The Bank of England (BoE) is in charge of interest rates. Should inflation continue to rise, there will come a point later in the year when th ..read more
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ARE MARPLE HOUSE PRICES SET TO FALL THIS AUTUMN?
Marple And The Bridge Property Blog
by propertyadmin
2y ago
The stamp duty tax holiday is over, furlough finished at the end of September, unemployment is due to rise and inflation is rife … is this the end of the post lockdown Marple property boom? Surely, we are heading for house price correction? Forecasting what will happen in the Marple property market this Autumn may not be as simple as it first appears. It’s true the Marple property market is starting to settle down after an all-time number of property deals were completed in June. More Marple people will have moved home in 2021 than in any year since 2007, with an estimated 1.5 million home buy ..read more
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