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...]
The beautiful village which became the centre of Wales’ second home debate
For one of the most picturesque villages in Pembrokeshire, things have become pretty ugly for Cwm-yr-Eglwys. The jumbled collection of houses that make up the pretty holiday hotspot in west Wales have become the poster child for second home issues for all of Wales. From a comment by a local community councillor, who … [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...]
How to Win in Britain’s Frenzied Market
Alexandra Goss learns how to deal with sealed bids, avoid getting gazumped and compete with 13 buyers chasing every home for sale. Sarah and James Carter are trying to move from London to the countryside near Exeter, where Mrs. Carter grew up. Four houses they wanted to buy went to sealed bids - and they lost out … [Read more...]
Leap Before You Look!
Is buying blind ever a good idea? With more homebuyers snapping up rural properties they haven't visited, we ask how to minimise the risks With homes selling faster than ever, the onus is on the buyer to act swiftly Escalation of purchasers 'buying unseen' in rural hotspots during lockdowns Buying unseen may … [Read more...]
