Latest figures reveal Wales has the highest annual house price growth of the four nations. Wales has seen the largest annual house price growth in the year to December 2020 out of the four UK nations, according to new data. The data released as part of the UK House Price Index Summary, compiled by the Office of … [Read more...]
Second Home Frenzy
More and more Londoners are buying second homes outside the capital following successive lockdowns and international travel restrictions. The number of Londoners purchasing properties elsewhere in Britain more than quadrupled last year compared with 2019, according to Knight Frank estate agents. Capital-based buyers … [Read more...]
Gazumping Returns to West Wales and it is Bad News for Buyers
The word gazumping is sweet music to some people selling their homes but a nightmare for buyers. It has been many years since this word made the headlines and, after an age, it has made its welcome or unwelcome return, depending on which side of the fence you are sitting on. Since the lifting of the extended … [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...]
Buy a smallholding in the UK and live the good life
It was Tom and Barbara in the 1970s, Hugh Fearnley-Whittingstall in the 1990s, and now it is the turn of post-lockdowners to search for a slice of the good life. Driven by a desire to gain space and avoid the masses in Sainsbury’s by cultivating a degree of self-sufficiency, urbanites are queuing up to buy … [Read more...]
Coast Clear for Buyers
From the South West of England to West Wales and the Scottish Isles, enquiries about coastal homes have soared over the past few months in lockdown. It is not just the usual spike of holiday home hopefuls either. A good proportion of the people are at least thinking of moving to the coast to improve their work life … [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...]