You know that in America people are racing to escape to the county. But the USA isn’t alone. Residents of London and other UK cities are looking to escape as well. Many are heading to Wales, where property is relatively inexpensive. Carol Peett, managing director of West Wales Property Finders told the Wall Street … [Read more...]
Second-Home Buyers are Flocking to Wales
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...]
Why you should move to West Wales
A growing number of people are moving to beautiful Pembrokeshire for its sense of community Jamie Burdett has discovered that he can work anywhere. He and his family have not looked back since swapping the commuter life in suburban Kent for a remote corner of deepest west Wales. He spends his spare time messing about … [Read more...]
Why a ‘home office’ has become the make-or-break feature of a house sale
From the bookish clutter of Robert Peston’s North London eyrie, to Prince Charles’s reassuringly chaotic desk at Clarence House, lockdown has afforded us a strangely intimate insight into the working-from-home ways of many household names. But with 77% of us having no intention of returning to an office when this … [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...]
Let’s Retire to the Healthy Haven of Pembrokeshire
This county is a magnet for anyone seeking the great outdoors Pembrokeshire is perfect for the walking-poles-and-waterproofs retirement brigade who swear by the mantra that “65 is the new 45”. Quite apart from the glorious coastal path, with its beaches and views of dolphins and whales, there is sailing, golf, … [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...]
