There are ways to fight back and preserve your property deal if a bank says you're paying too much. Mortgage brokers have warned that down valuing is on the rise, which could mean buyers paying thousands of pounds more to secure their dream home. Down valuations occur when a surveyor, working on behalf of a bank … [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...]
If you thought the English Property Market was Frenzied try Wales!
If you thought the English property market was frenzied, wait until you hear about Wales. Prices have risen by 12 per cent in a year — the highest of any UK region. Alexandra Goss on the dragon’s pull. Jo and Adam Sheridan wake each morning and pinch themselves as they look out at the mist rising from the two vast … [Read more...]
How to get access to the dream homes being sold in secret
Expert property finders are in the know but can charge up to 3pc in fees For almost a year, Clare Coode has been working flat out, often waking at 4am and then toiling late into the night. She is a buying agent with Stacks Property Search, working in Cornwall’s frenetic property market. “I found myself with … [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...]
