Holiday lets are the highest returning asset within the UK real estate sector according to holiday property fund, Second Estates. This is mainly the result of their higher yields which were 1.1% higher than those for residential buy to let properties over the past 12 months and higher than all other major … [Read more...]
Latest House Price Figures for Wales
Latest figures released by HM Land Registry show an annual increase in house prices in Wales in the year to March 2017 of 4.2%, taking the average property value to £147,921. Monthly house prices have risen 0.9% since March 2017. Detached properties have seen the highest level of growth at 6.1% in the year to March … [Read more...]
Time to Buy A Bolthole in Wales
A UK holiday home may sound like a luxury but it could be this year's big earner. Surveys from economic consultancy PwC, online lettings firm Cottages.com, and Barclays Bank show that up to 76% of Britons plan a UK holiday in 2017. This is, in part, due to foreign holidays are up to 20% more expensive since last … [Read more...]
What to Expect in 2017 – Property Investor Today
Carol Peett, of West Wales Property Finders, offers her thoughts on what property market trends we can expect over the coming year. I think that here in Wales in general the market will remain stable with a minimal increase of 1-2%. However, there are exceptions. I predict character sea view properties, … [Read more...]
Property Predictions 2017
Wales “Wales in general will remain stable with a minimal price increase of 1-2%. However, there are exceptions. I predict character sea view properties, particularly those standing alone, in popular locations around the West Wales coast will continue to soar. This is due to the scarcity value coupled with the rise … [Read more...]
What to Expect in 2017
Carol Peett, of West Wales Property Finders, offers her thoughts on what property market trends we can expect over the coming year to Property Investor Today. I think that here in Wales in general the market will remain stable with a minimal increase of 1-2%. However, there are exceptions. I predict character sea … [Read more...]
Pembrokeshire Pub is No. 1
An historic pub in South Pembrokeshire, which features in the CAMRA guide to the Heritage pubs of Wales, has been named “Wales’s Best Sporting Pub” by Country Life and the Countryside Alliance. The Cresselly Arms, or “The Quay” as it is known by its regulars, stands in a stunning location on the banks of the Cleddau … [Read more...]
Budget Response – The Chancellor Makes Bigger Changes to the Property Sector Than Meets the Eye
Although already announced, the Chancellor confirmed that people will be allowed to put their pension pots in other investment opportunities rather than an annuity. This move will give the property sector a major boost. Many pensioners will look at the buy to let, or holiday property sectors, as an attractive place to … [Read more...]
