The pandemic-fuelled property rush and staycation boom amped up house prices in holiday favourites around Britain. A beach hut in stylish Wells-Next-The-Sea in Norfolk is currently on sale for £80,000 while in Truro, Cornwall, a plot of under half an acre of land is listed for £895,000. The solution for buyers who … [Read more...]
How to Make Money out of Luxury Holiday Lets
Forget location, location, location, the new mantra for property investors is staycation, staycation, staycation. Just ask Mathew Rees. He and his family own around 220 buy-to-let houses and flats in Greater Manchester and Cheshire, but they are so certain that the pandemic has ushered in a new golden era for UK breaks … [Read more...]
Seven Ways to Boost your Holiday Let Profits
Little details make a big difference in a competitive market – here's how to stand out: In May, Ghillie James and her husband bought a five-bedroom farmhouse outside Bath – despite never having seen it. They exchanged on the property, which cost more than £1m, from their home in Singapore, where they had lived for a … [Read more...]
Property investors gamble that the staycation boom won’t bust
Buyers have poured money into holiday lets in the past year as travel restrictions have grounded holidaymakers in Britain. New figures suggest that the staycation boom is here to stay, with bookings well into 2022. But analysts have warned that investors must buy in the locations that will continue to be popular or … [Read more...]
As Property Prices Rise Faster in Wales than Anywhere in Britain
House prices across Britain have risen at rates not seen since before the financial crisis, yet one country has outpaced all others. Values in Wales increased by more than 13 pc in te 12 months to May this year, according to the Office or National Statistics. This was a slight drop on the significant increase of … [Read more...]
Where to buy the best value property in the most sought-after seaside spots
Record numbers are searching for a house on the coast and prices are on the up. Here's where to swap locations for a more affordable home...... Britons are embracing a second summer of staycations as travel restrictions bite. Demand for homes by the sea has soared, with buyers looking for a different lifestyle … [Read more...]
Where to buy property in Pembrokeshire
Bustling harbour towns, clean beaches and plenty of peak-season elbow room make it hard to resist The wild west of Wales is where you’ll find the best beaches in the country. Sandy strands, picturesque coves, windswept dunes — they’re all here, along with dramatic sunsets, bustling harbour towns and a lot more … [Read more...]
House prices: how the Covid-19 pandemic sent the housing market into a frenzy
It is one of the oddest outcomes from the pandemic: a housing market that is so frenetic that there could be nothing to sell within two months. While Easter is traditionally the start of the house-hunting season, March was the busiest month for a decade. More sales were agreed on March 23 than on any other day in the … [Read more...]
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