Tag: Wales
-
Get a 5-Year Fixed BTL Mortage with Paragon’s New Deals
Looking for a mortgage deal that’ll give you peace of mind for the next five years? Paragon Bank has just launched some limited edition deals that might be perfect for you. Paragon is offering four new fixed-rate buy-to-let mortgages for a period of five years. These deals are split into two groups – two options…
-
Scottish Prime House Prices Cooling but Set to Rise Again Soon
Good news for sellers, prices are set to rise again soon – but buyers are starting to get more for their money in some areas. Here’s the latest on luxury house prices in Scotland. The good times in the luxury homes market in Scotland might be coming to an end – for now at least.…
-
House Sellers Forced to Slash Asking Prices by £62k as Buyers Drive Hard Bargain
The gap between a homeowner’s dream price and what buyers are willing to pay has hit a new record, with homes selling for 17.1% below asking price. This means sellers are having to swallow a bitter pill and accept an average of £62,602 less than they hoped for, according to the latest figures from property…
-
House Prices Bouncing Back – Is Now the Time to Buy?
The property market is showing strong signs of recovery, with house prices steadily climbing back up. The latest Acadata/esurv House Price Index reveals that house prices are only 1.6% lower than this time last year. This means the average house price in England and Wales is now a healthy £360,175. So, what’s behind this positive…
-
House Prices Plummet in Merthyr Tydfil as Welsh Property Market Shows Mixed Picture
The average price of a house in Merthyr Tydfil has plummeted by 14.5% in the last year, the biggest drop in Wales. The average house price in the area is now just £129,121, making it the cheapest place to buy a property in Wales. But it’s not all bad news for Welsh homeowners – 13…
-
Second Home Dreams Fading – Is the Party Over for Holiday Home Owners?
The dream of owning a British holiday home, once a sure-fire investment and a chance to escape to the coast or country, seems to be losing its shine. New taxes, soaring interest rates, and a mountain of red tape are making life tough for second home owners, and it’s starting to show. Holiday Home Sales…
-
ONS House Prices – May 2024
Good news for sellers as house prices continue to rise across the UK, but are things looking brighter for first-time buyers too? The average price of a house in the UK reached £285,000 in May 2024, a jump of £6,000 compared to the same time last year. This represents a 2.2% increase annually, showing a…
-
ONS Price Index of Private Rents (PIPR) – June 2024
The latest figures from the ONS’ Price Index of Private Rents (PIPR) are in, and while they show a slight slowdown in rent growth, it’s not exactly cause for panic just yet. Rent Increases Still a Reality The average private rent in the UK jumped by a hefty 8.6% in the year leading up to…
-
Scottish House Prices Keep Climbing Despite Rent Worries
Good news for Scottish homeowners – house prices have hit record highs for the third month in a row, despite recent worries about rent caps hitting investment. The average price for a property in Scotland is now £225,636, according to the latest figures from property experts Walker Fraser Steele. That’s a jump of 2.5% compared…
-
Funding 365 Unveils New Buy-to-Let Products
Are you looking to expand your property portfolio? Funding 365 has just launched a new range of specialist buy-to-let products designed to make your life easier. The new products are available for a wide variety of properties, including: And if you’re thinking of investing in a property with a small commercial element, Funding 365 can…