It has not been a great time to try to get on or up the ladder, but there are things you can do to beat the tough conditions. Homebuyers are facing tough times as runaway inflation, rising interest rates and government turmoil wreak havoc on the property market. Mortgage deals are becoming more expensive or being … [Read more...]
The high-risk cash buyer strategy that wins when house prices are falling
Factors to consider before you sell up: "Strategic view the "sell first, buy later" strategy works particularly well if you have something sought after to sell - a home with a sea view, say - and are looking for something more everyday such as a turn key apartment"; according to Carol Peett of West Wales Property … [Read more...]
West Wales Property Finders Look Into Their Crystal Ball at the 2023 Property Market
Properties in Pembrokeshire had an overall average price of £246,821in 2022 and sold prices in Pembrokeshire were 24% up on the 2019 peak of £199,843 according to Rightmove. In Carmarthenshire property prices rose 23% and in Ceredigion 32% from their peak in 2019. Demand, particularly for smallholdings and coastal … [Read more...]
A House-hunter’s Guide to Haggling
How to increase the chances of having your offer accepted Not so long ago buyers were treating house-hunting as a blood sport – price ceiling-shattering bids and gazumping were commonplace everywhere from the Cornish coast to the London suburbs to the Lake District. But six months is a long time in property. … [Read more...]
House of cards: why are so many property sales collapsing?
Moving house is said to be one of the most stressful life experiences, right up there with bereavement and divorce. But what about the stress of not moving? Amid the upheavals of the past few months increasing numbers have seen their property ladder dreams collapse around their ears. According to market analyst … [Read more...]
House Prices are Falling – Should I Wait to Sell my Property?
After two years of rocketing house prices, the property market is coming back down to earth. The average house price in the UK decreased for the first time in 15 months, dropping £4,000 from £272,259 to £268,282, in October, according to Nationwide. The estate agency Savills predicts prices will fall by 10 per cent on … [Read more...]
Pembrokeshire Property Prices Continued Upwards in August
House prices in Pembrokeshire went up by an average of over £2,000 in the month of August, according to figures from the Land Registry. The latest data from the government department reveals that in August 2022 average house prices in Pembrokeshire reached £246,693. This was up from £243,806 in July, representing … [Read more...]
Will there be more Properties to buy in the Spring?
Why Rightmove is so rubbish at the moment, and why experts think there's a rush of homes coming to market. Are you sick of looking at the same houses on Rightmove? However many times you swipe, it’s the same properties that just keep coming up. The redbrick cottage you like but the family bathroom is on the ground … [Read more...]
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