Tag: Wales
-
Flintshire House Prices Dip but Wrexham Prices on the Up
Wrexham house prices climb, while Flintshire sees a slight dip. While Flintshire saw a 2% drop in house prices in June, landing at an average of £213,287, don’t hit the panic button just yet. This little dip doesn’t wipe out the overall growth trend. In fact, over the past year, property prices in Flintshire have…
-
ONS House Prices – June 2024
House prices are still rising, but at a slower pace than this time last year. The average UK house price in June 2024 was £288,000, a rise of 2.7% annually. This latest data from the ONS UK House Price Index for June 2024 shows that while prices are still increasing, the pace of growth has…
-
ONS Price Index of Private Rents (PIPR) – July 2024
Rents are still going up across the UK. But with tenant demand slowing and fewer properties coming onto the market, is this about to change? Read on for the facts and figures every landlord needs to know. UK Rent Prices Still Climbing in 2024 The latest figures from the ONS show that renting out your…
-
Downsizing Your Home Could Make You Half a Million!
Thinking of downsizing? You could be sitting on a goldmine! Swapping your five-bedroom family home for a cosy three-bed could unlock an average of nearly £500,000 in pure cash! That’s according to new figures from Rightmove that show just how profitable downsizing can be. Londoners are sitting on the biggest potential profits. Trading a five-bedroom…
-
Welsh House Prices Down but Property Market Looking Up!
Despite house prices dipping in Wales in July, demand from buyers and the number of properties coming onto the market are both on the up, according to the latest Royal Institution of Chartered Surveyors (RICS) Residential Market Survey. This positive trend has led property experts to predict a rise in the number of house sales…
-
Rental Market Still Hot, Properties Flying Off the Shelves
The rental market is still sizzling! Even though rent increases are slowing down, demand is still sky-high, meaning properties are being snapped up quicker than ever. According to Nicky Stevenson, managing director of Fine & Country, the average time it takes to find a renter is now just 12 days! That means over half of…
-
Self-Build Mortgage Rates Cut, Loan Size Increased
Buckinghamshire Building Society has slashed rates on its self-build mortgages by up to 0.25% and doubled the maximum loan size to £1 million. This is fantastic news for anyone dreaming of building their own home, as it could make your aspirations much more affordable. The move comes at a time when the government is pushing…
-
Marsden Launches New Holiday Let Mortgage Deal
Are you thinking of becoming a landlord or perhaps expanding your portfolio? Marsden Building Society has just launched three new mortgages specifically designed for furnished holiday lets (FHL). These mortgages offer some perks that could make them a great option for your investment needs. These new mortgages come with no booking or arrangement fees for…
-
House Prices Climb in July as Experts Predict “Modest Growth” for Rest of 2024
House prices rose again last month – but buyers in certain regions are bagging bargains. The Halifax House Price Index has revealed that UK house prices increased by a solid +0.8% in July, bringing an end to three months of stagnation. This means the average house price in the UK now stands at £291,268 –…
-
Two-Bed Terraces are Selling Fastest
Forget lengthy house chains, two-bedroom terraced houses are flying off the market in less than a month! According to property website Zoopla, these homes are in high demand, taking an average of just 27 days to sell. That’s almost a week quicker than the average house sale, which currently stands at 32 days. For six…