View more on these topics

New homebuyers flock to Leeds

Data from reveals that Leeds has seen a huge increase in the number of new homebuyers looking to move to the area over the last year.

The figures make Yorkshire & Humberside the third most popular region in the UK behind only the South West and Scotland.

Leeds popularity stems from its extensive regeneration over the last few years, as well as the fact that it remains an affordable part of the country with prices on average 6.8% cheaper than the average UK price over the last year and 12.4% cheaper than cities such as Manchester in the nearby North West.

Yorkshire has been widely tipped by experts as an area likely to see house price rises and Leeds, historically undervalued relative to cities such as Bristol and Birmingham, is now catching up fast.

The city is one of the fastest growing in Europe, fuelled by its status as a respected centre for professional services, and the influx of employees and residents this brings about.

David Bexon chief executive of says: “Leeds is emerging as a real gem of the north with booming employment, excellent shopping and entertainment facilities, and good transport links across the UK.

“New home builders are tapping into the demand for the city with a range of developments and the city is certainly likely to see its popularity and house prices rise yet further over the next few years.

“Leeds financial strength and prospects derive from a new and eclectic mix of industries and services. The city now plays host to a mass of call centres, IT businesses, and legal firms as well as a huge local government network, retail and leisure facilities.

“To satisfy the pay cheques burning a hole in the pockets of Leeds newest residents, Harvey Nichols opened a store here in 1996 and many other retailers have followed, resulting in a city centre bursting with around 1000 outlets.

“The regeneration has resulted in the city centre become desirable and new apartments targeted at young professionals now dominate with the most significant being the transformation on Leeds waterfront.

“Crosby Homes is soon to release the second phase of Clarence Dock which, when completed, will consist of 1,100 luxury one and two bedroom apartments integrated with commercial and leisure developments over 15 acres.”


Just Retirement launches equity release product

Just Retirement is entering the market with a new generation of equity release products. It is launching a modern, flexible plan designed to meet client needs and a comprehensive, high quality support and education package for IFAs.JR has built a training package in association with the Chartered Insurance Institute to help advisers to obtain CF7 […]

Proposals to protect poor from loan sharks doomed to fail

Government proposals to protect vulnerable families from the clutches of loan sharks are “hopelessly misguided” say online data financial comparison site warns that plans by the government announced last week to encourage the less affluent to save by raising the thresholds under which savings would attract tax designed to help discourage the less well […]

Website issues warning over rebuild costs is warning homeowners to make sure they are insured for their property rebuild costs rather than property market value. With property prices holding on at comparatively high levels across the UK, homeowners who arent purchasing buildings cover at the right level, could be paying well over the odds for too much cover. Richard Mason, […]

Flexible BCI launch at Expo

D&D Homecare is to launch its flexible building and contents insurance product at this year’s Mortgage Expo in London. The flexible nature of the product means home buyers can mix and match options to suit their needs rather than paying more for additional options. The company describes itself as a wholesaler, designing products for networks […]

Building long-term relationships

Call us old fashioned, but we want to get to know you personally. That’s why we give you a named case manager and underwriter to look after all your cases from start to finish. Your underwriter will happily give you their number, so you can ring them directly with any questions you have. And your […]


News and expert analysis straight to your inbox

Sign up