House prices in Wales are predicted to increase by nearly 20% in the next five years, according to new research by real estate firm. The firm has predicted that the North-South price divide in the UK will 'turn on its head' due to prices rising faster in Northern England and Wales compared to those across … [Read more...]
A Budget to End Austerity?
Prime Minister Theresa May has said austerity is ending, now Chancellor Philip Hammond is expected to deliver it in the autumn Budget. Relief from Brexit blues Many UK businesses are already going through tough times battling Brexit uncertainty and a shaky economy. But they are hoping that Monday’s Budget will … [Read more...]
Perks That Are Worth More than a Price Cut
Housebuilders are offering a smorgasbord of sweeteners to get deals over the line without cutting headline prices as they battle to sell properties in a slow market. “The most common incentive is a contribution to stamp duty or an upgrade to the spec of the interior finish,” says George Cardale, the head of … [Read more...]
What would a “No Deal” Brexit Mean for the Prime Property Sector?
“No deal” Brexit was once talked of as an improbable worst-case scenario. Now, with just a month to go until the deadline for a deal, and seven months until the UK officially leaves the Union, it’s not an unlikely outcome… The Government recently published a batch of “guidance” intended to help business and … [Read more...]
Conservatories Remain as Popular as Ever with a Range of Designs
“Well-constructed attractive wooden orangeries or slate roofed sunrooms appear on the wish list of the majority of our clients,” says Carol Peett, of West Wales Property Finders (01834 862816; http://www.westwalespropertyfinders.co.uk “They add value as they are far more flexible and useable year-round.” Carol … [Read more...]
Where to Buy a Holiday Home for Less
You should be able to pick up a bargain just a few miles from property hotspots, as Fred Redwood discovers Summer is just around the corner, the time when those with a second home or a retirement property in mind are found scanning Rightmove and Zoopla for the country’s beauty spots. But what do they do if the … [Read more...]
Welsh House Prices Defy the Downturn with Pembrokeshire Leading the Way
Welsh house prices grew by 3.3% in 2017 - a slightly faster rate than the UK as a whole, latest figures have suggested. However, this does not reflect the true picture as local markets within Wales vary considerably. Pembrokeshire saw the highest rise at 8.1% whilst, in contrast, prices in Wrexham went down 2.1%. In … [Read more...]
Latest House Prices in Wales
The latest figures from the Land Registry, which are based on sold prices so are the only truly accurate figures, show an annual price increase of 3.4% across the whole of Wales; taking the average property value to £150,258 compared with £225,956 in England. Detached houses in Wales showed the largest … [Read more...]
