News
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Zameero Visits Wilmslow Auction Site
Zameero, a real estate agent based in Manchester, have recently inspected lot 19 of the Lambert Smith Hampton London Auction to be held on 22July 2013. The investment located at 26-30 Altrincham Road, Wilmslow comprises a freehold residential investment, providing seven, two-bed flats and one, one-bed flat. The current rent per annum is £36,540 with scope to enhance the income once the three vacant flats have been let. The guide price in the [...]
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Residents turn out to view £100m Mobberley investment proposals
Over 200 residents attended the LPC Living exhibition regarding plans for the redevelopment of the HARMAN technology site in Mobberley. The two-day exhibition, held at the Rajar Building on 12-13 July, displayed details of the proposals for the 40 acre brownfield site which include a new headquarters for Harman and its 200 employees. The investment would be secured by developing the portion of the site not required by Harman for [...]
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Bid Submitted for Liverpool Apartments
An offer has this week been made by Zameero, acting on behalf of the Pervaiz Naviede Family Trust, for 42 unsold apartments and the freehold of a site in Liverpool. The development, located at 35 Kent Road immediately south of Liverpool Central railway station, is being sold by Allsop on behalf of receivers. The guide price is £3,250,000 which equates to £77,000 per apartment. The estimate rental value when fully let is believed [...]
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Trust Considers Midlands Residential Portfolio
Manchester-based agents Zameero Ltd, acting on behalf of the Pervaiz Naviede Family Trust, are considering making an offer for 72 apartments in six blocks located across the Midlands. The portfolio is being marketed by Savills and the asking price is £4,000,000. The estimated rental income is understood to be approximately £410,000 per annum.
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First-Time Buyers In The Dark
The majority of young people are unaware of help available to buy their first home according to research by BBC Radio 1. Three quarters of those polled aged 18-29 said they had no or limited knowledge of shared ownership schemes which are designed to help would-be house buyers get on the property ladder. Under the scheme the buyer takes out a mortgage on part of the property and pays a [...]
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House prices up again in June
Figures released today by the Nationwide have shown a 0.3% increase in house prices with the average property now costing almost £169,000. The report also revealed house prices over the last 12 months had increased by just under 2%, the fastest rate of growth for almost three years. The lender attributed the rise to easier access to mortgages thanks in part to the Government’s Funding for Lending scheme which is [...]
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Plans unveiled to expand Manchester city centre
Plans to extend the boundary of Manchester city centre and construct up to 55,000 new homes have been broadly welcomed by LPC Living. The proposals, announced today by Manchester City Council, would see the city’s boundaries expand northwards in an effort to accommodate a predicted rise in the city’s population of 55,000. It is anticipated the first 3,000 homes could be completed by 2016 and a further 13,000 by 2019. [...]
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First-time buyers overlooking help on offer
A report by the UK’s largest mortgage lender suggests a third of would-be first-time buyers have given up putting money aside for a deposit. Halifax, which is owned by Lloyds Banking Group, found that half of those polled felt the country could be destined to become a nation of renters like much of continental Europe. With the average deposit standing at almost £27,000, 35% of those questioned felt the only [...]
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Part exchange now available at Cedar Point!
LPC Living is delighted to announce that properties at our Cedar Point development in Formby are now being offered for part exchange. The company, which is owned by the Pervaiz Naviede Family Trust, has recently completed the collection of seven exclusive properties just a few minutes’ walk from Formby village and less than five minutes’ drive from the beach. Each of the three and four bed properties comes with an [...]
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Mortgage competition welcome news for consumers
Housebuyers could save up to £600 a year on their mortgage repayments with the prediction that a raft of new lenders will shortly enter the market. According to a recent article in The Telegraph, a raft of new entrants to the mortgage market such as NBNK and Home & Savings Bank will provide increased competition, in turn, reducing interest rates to less than 1.5%. The drivers behind the new entrants [...]