Rocketing prices and an extreme supply crunch mean that, for most buyers, the property market is an unpleasant place to be. For Jennifer Brown*, a 79-year-old pensioner, the situation is stark. Mrs Brown wanted to downsize from the four-bedroom house she has lived in for 22 years in a village in Suffolk. When … [Read more...]
What to do if your house is ‘down valued’
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...]
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...]
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...]
