The price of homes in Wales hit a new peak of £218,783 in the third quarter of 2021 (July-September), 11.5 per cent higher than the same time the previous year. The figures have been released from Principality Building Society’s Wales House Price Index for Q3 2021, which demonstrates the rise and fall in house prices … [Read more...]
Do You Have the Bottle?
British wine is thriving - and owning a vineyard property offers a whole new way of life. British wines are scooping awards, beating blends from France, Italy and Spain and, as the industry thrives and quality improves, our dreams of days strolling among the vines in our own vineyards are becoming a reality. In … [Read more...]
First Winter in the Sticks – Give your Home an MOT
For many who fled cities in the pandemic, this is their first rural winter. This winter is going to be very different from any that Alexandra and Joshua Knight have ever experience before. Earlier this year they moved from a suburban cul-de-sac in Oxted, Surrey to a remote house with an acre of land in … [Read more...]
Is a Reckoning Coming for the Property Market?
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...]
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