Skyrocketing energy prices and the upkeep of such a large properties is forcing some U.K. homeowners to sell estates that have been in their families for generations. Roderick Thomas has vivid childhood memories of days spent rampaging around Boulston Manor, his grandparents’ late-18th-century country home in Wales, … [Read more...]
Where cash buyers are snapping up discount properties
Huge interest rate rises have given cash buyers an even bigger advantage over borrowers. The share of cash buyers in the property market has risen to its highest level in eight years. Almost 40pc of purchases have been completed using cash so far in January, the highest monthly share since December 2014, when … [Read more...]
Here’s how we weathered the stormy property market
It has not been a great time to try to get on or up the ladder, but there are things you can do to beat the tough conditions. Homebuyers are facing tough times as runaway inflation, rising interest rates and government turmoil wreak havoc on the property market. Mortgage deals are becoming more expensive or being … [Read more...]
The high-risk cash buyer strategy that wins when house prices are falling
Factors to consider before you sell up: "Strategic view the "sell first, buy later" strategy works particularly well if you have something sought after to sell - a home with a sea view, say - and are looking for something more everyday such as a turn key apartment"; according to Carol Peett of West Wales Property … [Read more...]
Is Your Home On Trend?
Smart lighting, woodland homes, car-charging points - our wish list is changing. So what does the New Year have in store for the world of property? Woodland Wonders - forget pony paddocks and swimming pools, in these days of the fuel crisis mature trees will be the must-have for 2023. Apart from feeding the biomass … [Read more...]
West Wales Property Finders Look Into Their Crystal Ball at the 2023 Property Market
Properties in Pembrokeshire had an overall average price of £246,821in 2022 and sold prices in Pembrokeshire were 24% up on the 2019 peak of £199,843 according to Rightmove. In Carmarthenshire property prices rose 23% and in Ceredigion 32% from their peak in 2019. Demand, particularly for smallholdings and coastal … [Read more...]
A House-hunter’s Guide to Haggling
How to increase the chances of having your offer accepted Not so long ago buyers were treating house-hunting as a blood sport – price ceiling-shattering bids and gazumping were commonplace everywhere from the Cornish coast to the London suburbs to the Lake District. But six months is a long time in property. … [Read more...]
House of cards: why are so many property sales collapsing?
Moving house is said to be one of the most stressful life experiences, right up there with bereavement and divorce. But what about the stress of not moving? Amid the upheavals of the past few months increasing numbers have seen their property ladder dreams collapse around their ears. According to market analyst … [Read more...]
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