With 870 miles of coastline and more than 1,500 square miles of national parkland, Wales, a country smaller than New Jersey, punches far above its weight when it comes to second-home ownership thanks to a combination of natural beauty plus affordability. There are 24,200 second homes in Wales, or 1.8% of its total … [Read more...]
A New Boom for UK Holiday Homes
Wales When the government announced the cut in stamp duty, the Welsh government was quick to say that the "savings" would not apply to buy-to-let investors and second home owners. In all likelihood it would not amount to much of a saving in the pricier go-to resorts of Tenby, St Davids and Newport. Instead Carol … [Read more...]
Coast Clear for Buyers
From the South West of England to West Wales and the Scottish Isles, enquiries about coastal homes have soared over the past few months in lockdown. It is not just the usual spike of holiday home hopefuls either. A good proportion of the people are at least thinking of moving to the coast to improve their work life … [Read more...]
Stamp Duty Deadline Extended
The Government has extended the three year period in which you need to sell your previous home after buying a new one in order to claim a refund for the stamp duty surcharged on second home owners. This surcharge is the extra 3% owners of more than one property have to pay and has bee brought in in recognition of … [Read more...]
Saundersfoot, Pembrokeshire Top Holiday Let Location for Yield in 2019
The latest figures released by premium rental agency, Luxury Cottages, have revealed the top locations across the UK for holiday let rental income yields during the last year. The analysis included data from 2,170 postcodes across England and Wales using Land Registry data and booking data from Airdna. The data … [Read more...]
Best Places to See Starry Night Skies from your Garden
Air quality and the effect it can have on property prices is suddenly on the radar of property buyers, but it is not the only form of pollution that is finally being taken seriously. A study by the Light Pollution Science and Technology Institution in Italy suggests that more than a third of the World’s population … [Read more...]
Outlook for the Property Market in South Wales in 2020
The property market is South Wales has been booming since the Brexit referendum and this looks set to continue into 2020 and beyond. Land Registry figure showed house prices in Wales rose more than anywhere else in the UK in the year to January 2019 and these rises have continued unabated throughout this year. In … [Read more...]
Average House Prices Hit New Peak in Wales
Newly released figures from Principality Building Society have shown that Wales continues to buck the trend seen across England as the average house price has climbed to reach a record peak of £191,006 over the last three months. According to the research, house prices have risen in Wales by just over 2% both … [Read more...]
