Parking charges in Manchester forcing some to move house


Parking charges in Manchester forcing some to move house


 

Manchester City Council charges homeowners twelve times the national average for parking permits.

Manchester the most expensive UK region outside London for parking charges, forcing many to think about selling up.

According to research by Quick Move Now, Manchester City Council (along with Birmingham), tops the list for parking costs, charging homeowners a masOn-street-parkingsive £750 per year – twelve times the national average of £59.17.

The financial burden however is not the only effect. The study also revealed that the lack of available off-street parking slows down the sale process with the average home taking 50 days to sell, compared to 25 days for those homes with off-street parking.

Consequently, having a place to park is fast becoming the number one motivator for people choosing to sell their home, and 34% of vendors in the North West said that they would sell up and move home due to parking concerns.

The study shows that parking is in fact a bigger driving force for house hunters than levels of crime, the distance to work and neighbours, with many looking to move home within next 12 months.

Quick Move Now managing director, Danny Luke, said: “Our findings show that properties with off-street parking provision sell in half the time and are very attractive to prospective buyers.

“With no guarantee of being able to park outside, or even near their property, and a postcode lottery determining the cost of on-street parking permits, parking is a real issue for a large proportion of UK home owners.

“Being able to secure an on-street parking space near their property can make many homes completely inappropriate for families with young children or older home owners who are beginning to struggle with mobility. This becomes an even more significant problem when you consider the current UK property shortage.

“Manchester city council charge 12 times the UK average amount for a resident parking scheme and there is clear correlation between these schemes and what triggers home owners to decide to sell up.

kenyon lane Moston Main image

kenyon lane

Brentwood Lettings are pleased to present this immaculately presented 3 Bedroom Semi detatched property which is situated…

Price: £ 725.00 pcm
Joan Street Moston Main image

Joan Street

M40

Brentwood Lettings are pleased to offer this 2 bedroom property located in the Moston area. Carpets and…

Price: £ 540.00 pcm
Cross Lane Gorton Main image

Cross Lane

Brentwood Lettings are pleased to present this 2 Bedroom Terraced house located in the Gorton Area. The…

Price: £ 520.00 pcm
Goodman Street Blackley Main image

Goodman Street

Brentwood Lettings are pleased to offer to market this spacious 3 bedroom family home in Blackley. Key…

Price: £ 675.00 pcm
Charlestown Road Moston Main image

Charlestown Road

Brentwood Lettings are pleased to offer this stunning 4 bedroom new build town house to rent in…

Price: £ 800.00 pcm

Property Management

We manage properties throughout Manchester for investors all over the world. Contact us to talk about your property

Lettings

We provide a let only service for those landlords who wish to self manage their properties

Maintenance

We provide a full range of maintenance services, from safety inspections and repairs right up to full refurbishments

Local Property Experts

We know North Manchester like the back of our hands, chat with us for all the latest news and trends in the area

Investor Tips

Being your people on the ground, we find out about the hottest and most lucrative of local investment opportunities first hand.

Advice & Support

We are available to talk about the Local Property Market and your individual properties whenever suits you, book a call with us today