Healthy Brexit Eggs On The Market


To begin with here’s a few post Brexit referendum statistics:

Mortgage arrears are the lowest since records began.

First time buyer demand is up to 5.5 billion, up 25% on June of last year.

Since the Brexit vote, house prices have climbed an average of £747 per day helping to provide a 5.2% annual price growth.

Major lenders have committed to increasing their lending by 10% year on year for the next 5 years, the Bank of England have reduced interest rates by 0.25% and HSBC have issued the first ever fixed rate mortgage at under 1%.

That in any bodies’ language is reason enough to be confident about the robustness of the property market but is there bad news?

Well, the changes in Stamp Duty are attracting reports of damaging the housing sector more than any post European situation.  The new regulations increase stamp duty prohibitively and are punitive when it comes to second homes and the buy to let market.  Equally, they are complicated and confusing.

It is fair to say there is some economic uncertainty which could weaken demand in the second half of the year although it doesn’t feel that way in the Heatons with strong sales throughout what is traditionally the holiday season.  Ultimately, the government and the Bank of England want a healthy property market as its good for the economy and the current conditions are certainly egging on the market so it looks like we’re on a roll!

Read More

Love Affair With SK4


A truly romantic wedding took place at St John’s Church, Heaton Mersey on Saturday 30th June.  Well known estate agent, Clive Tattersall, of Joules Estate Agents married another local lady, Catherine Felix.  Catherine who works with Clive in the family business wanted along with Clive to make this a truly local affair.

Clive is the chairman of the 4 Heatons Traders Association and along with Catherine was determined to make sure that local people were involved in making their special day a day to remember.  So besides a wonderful service at St Johns conducted by Rev. Marcus Maxwell, the wonderful photography was undertaken by Bev Brocklehurst based in Heaton Moor, the superb wedding cake was by Emma Cain, Heatons Cakes, the lovely wedding flowers were arranged by The Flower Room and hair was done at Bliss Hairdressers.

Clive summed up their feelings “as chairman of the 4HTA I am passionate about shopping locally to preserve and enhance our community, the work of the Traders Association over the last few years has make an incredible difference to everyone’s lives and Catherine and I were delighted that truly talented local people could help make our day so special.  We could not have had a better experience and we want to thank everyone who took part.

Read More