Tag: Wales
-
Seaside House Prices Weather the Property Storm
Love a bracing walk on the beach? You’re not alone! Homes by the sea are as popular as ever, with prices surging ahead of the rest of the UK. New research shows that living by the seaside is as popular as ever, with house prices in coastal areas soaring despite the sluggish property market elsewhere…
-
Sellers Rush to List Houses Before Election
Nervous sellers are rushing to list their homes before the upcoming general election, hoping to avoid a potential post-election lull and cash in on the current hot market. New data from Home Sale Pack reveals a 22.9% surge in new property listings across Britain in just the last two weeks compared to the start of…
-
Mortgage Rate Cuts from Furness Building Society
Furness Building Society has announced cuts to its fixed-rate mortgages for both residential and buy-to-let properties. The biggest drops are on two and five-year fixed-rate deals: These deals are available for loans up to 80% of the property value. So, for example, if you’re buying a £200,000 home, you’ll need a deposit of at least…
-
Estate Agent Fees Rise by 21% – Are You Overpaying to Sell Your Home?
Selling your home? Brace yourself! New research reveals estate agent fees have jumped by as much as 21% since 2019, adding thousands of pounds to the cost of moving. The analysis by Open Property Group highlights how much more expensive selling a property has become, despite a slight dip in average estate agent commission rates.…
-
Powys House Prices Dip But Remain Higher Than Last Year
Despite a slight drop in April, house prices in Powys have actually risen slightly over the past year. The average price tag on a property in Powys now stands at £240,056, a tiny 0.1% increase compared to April 2022. This mini dip follows a trend across Wales, with house prices dropping by 2.1% in April.…
-
Two Average Salaries Needed to Buy Your First Home!
First-time buyers now need a £60,600 salary to get on the property ladder – that’s two average salaries! This shocking figure comes from a new report by property website Zoopla, which analysed average asking prices for first-time buyer homes across the UK. Five years ago, you could snag your first home with a household income…
-
Experts Predict Mortgage Rate Squeeze – What are the Best Deals This Week?
Good news and bad news for those looking to get on the property ladder as house prices have risen for the second month in a row. The average price of a UK home rose by 1.1% in April, following a 0.9% increase in March, according to the latest figures from the Office for National Statistics…
-
Property Ladder Feels Further Away as House Prices Climb Again
Good news for sellers, but first-time buyers face a tougher battle as house prices rise for the second month in a row. The dream of owning a home just got a little more distant for many, as house prices across the UK saw an 1.1% increase in the year to April. This means the average…
-
ONS Price Index of Private Rents (PIPR) – May 2024
Rents are still rising across the UK, but there are signs that the pace of increases is slowing down, giving landlords and potential investors plenty to think about. The latest figures show that the average rent across the UK went up by 8.7% in the year to May 2024. This means that if you were…
-
Get More Cash Upfront – Assetz Capital Gives Developers a Boost
Property developers, Assetz Capital is giving you a helping hand with your cashflow. They’re offering bigger upfront payments on development loans, designed to make life easier for builders right from the start. Previously, Assetz Capital offered loans up to 70% of the estimated total value of a project (known as Loan to Gross Development Value,…