Despite the constant scaremongering being churned out by news agencies, four out of eleven regions in the UK have hit record highs for new seller asking prices in May, with prices in Wales 4.1% higher than 12 months ago, according to property website, Rightmove. Miles Shipside, Rightmove director and housing market … [Read more...]
A spring housing market bounceback
Reports on the state of the housing market have been doom-laden in recent weeks. Spring may traditionally be the start of the home-hunting season in Britain, but buyers have been deterred by Brexit and affordability concerns. The number of transactions, a key indicator, dipped 2.5 per cent, or more than 30,000, from … [Read more...]
Brexit Concerns Spark Local Holiday Boost
It may be dominating the news agenda and paralysing Parliament but it seems that Brexit has given Pembrokeshire an uplift to the housing market. Concerns about travel immediately after Brexit has resulted in a large increase in the number of bookings made for holiday cottages and other holiday accommodation. On a … [Read more...]
Detached Houses in Wales Rise 5.4%
Latest Land Registry Data - Wales Prices for detached properties in Wales rose by 5.4% from January 2018 to January 2019 according to the latest figures from the Land Registry. This brought the average cost of a detached house up from £231,777 to £244,321. Semi-detached properties rose 4%, terraced by 4.6% and flats … [Read more...]
Forget Downsizing: Meet the People who are Buying Larger Homes in Retirement
Does retirement always have to mean downsizing? For some retirees, life is only just getting going - and they want more room to live in. Many want more space to enjoy a better lifestyle, and to have all the family to stay. Now "upsizing" is becoming so popular that developers are incorporating larger apartments in … [Read more...]
Unearth Secrets Hidden in a Time Capsule
...There is an interesting tradition of deliberately burying things thought to be good luck charms. In Pembrokeshire, buying agent Carol Peett encounters many homes that reveal a treasure hunter’s dream, usually vestiges of the Welsh coast’s ancient megalithic burial chambers and Iron Age … [Read more...]
New Michelin Starred Chef for Pembrokeshire Hotel
The Grove, Narberth have appointed Michelin starred Douglas Balish as their new Executive Chef from on May 1st. Douglas will take over the reins from Allister Barsby who is moving to Kent to open his first solo restaurant venture in Hythe in June. Born in Scotland, Douglas began his career in Ayrshire … [Read more...]
Is a UK holiday bolthole the best investment you can make this year?
While estate agents just about everywhere in the UK are sweating over Brexit uncertainty and a looming downturn, a rare few on the Pembrokeshire coast think it’s boom time. “It’s as if a plague of locusts has descended since autumn, buying up every good coastal property,” says Carol Peett, a buying agent at West … [Read more...]
