Welsh house prices grew by 3.3% in 2017 - a slightly faster rate than the UK as a whole, latest figures have suggested. However, this does not reflect the true picture as local markets within Wales vary considerably. Pembrokeshire saw the highest rise at 8.1% whilst, in contrast, prices in Wrexham went down 2.1%. In … [Read more...]
The Autumn Statement – Property Industry’s Wish List for Phillip Hammond
The Property Industry Experts' advice to the Chancellor for the Autumn Statement: Carol Peett (left) of West Wales Property Finders hit out at the current stamp duty system for being “completely ill thought out”, a view shared by many, including Richard Bernstone, director at Aston Chase, who would like to see … [Read more...]
Granny Annexe Tax Repealed
Homeowners have expressed relief after the extra 3% stamp duty surcharge set to be charged on granny annexes was withdrawn by the Government. With living as an extended family becoming increasingly popular as a means of looking after elderly parents or for grandparents to help with childcare, and with boomerang … [Read more...]
Stamp Duty Loophole
The Stamp Duty Loophole that could save Buyers Thousands - The Telegraph 2nd April 2016 If you are looking to move to West Wales, or are interested in buying a holiday home or buy to let property here, West Wales Property Finders would be delighted to help you find your perfect property. Over 90% of the properties … [Read more...]
Marloes Sands, Pembrokeshire – Countryfile’s Best Beach Awards
Marloes Sands in Pembrokeshire has been awarded the runner up prize at this year’s “Countryfile Beach of the Year” Awards. Countryfile describe Marloes as “A fabulous 1.5 mile remote sandy beach with spectacular geology and an Iron Age hill fort. Excellent for bird watching (including puffins and peregrines … [Read more...]
Silver Lining for Holiday Homes in West Wales
West Wales may be a beneficiary of the impending changes to stamp duty on second homes and buy to let properties. Lower average prices will make houses in popular area such as Tenby and Saundersfoot more attractive than ones in Cornwall in places like Rock or Padstow. Carol Peett, Managing Director of West Wales … [Read more...]
Average Stamp Duty Halved
Reforms in Stamp Duty Land Tax, brought in by the Chancellor at the end of 2014, have resulted in the amount payable on an average UK property being more than halved. Research by Post Office Money said the reforms came as a huge relief to property buyers who had seen the average Stamp Duty bill increase by over 300%, … [Read more...]
What Can We Expect from the Property Market in 2015?
Historically the market is very quiet in the run up to an election and this is followed by a flurry of activity in the three months after the election has taken place, whatever the result. Therefore, the first four months of 2015 is likely to be a buyers’ market with prices beginning to increase once the election is … [Read more...]
