Areas with local mini-housing booms revealed! 8 December 2020

The locations with the biggest jump in housing transactions during the pandemic have been revealed.

They include Sunderland, Dundee and Stoke-on-Trent, according to the exclusive figures by Lloyds Banking Group.

It found that Stoke-on-Trent had a rise of 70.8 per cent, in the three months from June to August, compared to the first three months of this year, just behind Sunderland and Dundee. Average prices in these areas are lower, in some cases less than half the national average of £308,813, the typical value of a home in Stoke-on-Trent being £168,296.

Stoke-on-Trent has long been established as one of the best areas to purchase bargain properties and this has resulted in a surge in buy-to-let transactions from landlords looking to start their property portfolios.

Here at Aynsley Insurance Brokers we specialise in landlord's insurance policies, regardless of the circumstance. We can cover single properties, or burgeoning portfolios, and we can accept a wide range of tenancy types. We have no problem in providing cover for potential buy-to-let properties that are currently vacant, and we can even cater for your properties whilst they are undergoing renovation work.

Being based in Stoke-on-Trent we have an in-depth local knowledge, and we are familiar with the quirks of the local area. We understand that the area has previously had a history of coal mining, and that some properties may have been partly affected by this, however this is a recurring issue and most of the time is no cause for concern when trying to obtain insurance cover.

So if you are currently a landlord who is looking for comprehensive cover at a competitive price, or you are considering dipping your toe into the buy-to-let market, why not give us a call so that we can discuss your requirements further and ensure that your assets are protected?

Please contact us on 01782 265522 today!

Source for statistics: Link