Tag: Wales
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Lucy Alexander’s Expert Tips for Scouting Hidden Property Gems
Finding the perfect home often feels like searching for a needle in a haystack. However, Lucy Alexander, the familiar face from “A Place In The Sun,” believes that your ideal property might be hiding in plain sight. As the property market continues to challenge especially first-time buyers, Lucy offers her tips in the Daily Mail…
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Seaside Sanctuary – Britain’s Priciest Coastal Property
Salcombe, Devon, has been found to be the UK’s most expensive seaside locale. Favoured by affluent London families seeking a summer retreat, this charming town offers not just fresh sea breezes and sandy shores, but also some of the most luxurious homes in the country. Overlooking the Kingsbridge Estuary, these homes boast stunning views, with…
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Cleveland Crowned UK’s Top Burglary Hotspot
Cleveland has been identified as the leading area for burglaries in England. This information comes from a recent study that has scrutinised Home Office crime figures and Census data, putting this region in the spotlight for all the wrong reasons. The research, conducted by Go.Compare Home Insurance, points to a troubling scenario for residents of…
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Commercial Property Holds Steady Amid Economic Shakes
Commercial real estate has been a beacon of stability for investors, according to a recent study by APRAO. This analysis, delving into government property transaction data, highlights how non-residential properties are outperforming their residential counterparts in terms of market resilience. Overview of Market Trends The property market has seen its fair share of turbulence, influenced…
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New Rules Shake Up Holiday Home Market, Cause Potential Mortgage Troubles
A significant shake-up is on the horizon for the holiday let market due to new regulations proposed by Michael Gove, the Levelling Up Secretary. Set to empower local councils in England with new authority, these rules will allow them to designate specific areas where homeowners must obtain planning permission before converting their properties into holiday…
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Morpheus Lending Launches Digital Bridging Loans in the UK
Morpheus Lending, a newly established digital-only bridging lender, has officially entered the financial market. Positioned as a provider of unregulated bridging finance, Morpheus aims to cater to the needs of borrowers with its innovative, fully digital approach. Morpheus Lending is offering loans up to £750,000 with a loan-to-value (LTV) ratio of up to 75%. These…
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Interbridge Mortgages Steps into UK Market
Interbridge Mortgages has officially entered the UK market, aiming to reshape the availability of second charge mortgages. This new lender will cater to homeowners in England, Scotland, and Wales, offering secured loans through a select group of specialist broker partners. The leadership at Interbridge Mortgages isn’t new to the finance game. The management team is…
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UK Construction Sector Hits a Wall with a 21% Plunge in 2024
The UK construction industry has seen a significant downturn in 2024, with the number of new projects commencing dropping by 21% compared to the previous year. This decline is particularly alarming given the existing shortage in housing supply across the nation. Research conducted by the construction intelligence firm Glenigan has highlighted a concerning trend of…
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Scottish Housing Market Springs Back to Life with Surprising Price Increase
Scotland’s housing market has seen its strongest growth in over a year, according to a recent report from Walker Fraser Steele, a company of chartered surveyors. Following a prolonged five-month slump, house prices across Scotland rebounded in March, with a robust increase of 1.4%, defying market expectations. This growth in property prices was not only…
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London Property Bargains Dwindle as Prices Firm Up
The London property market has witnessed significant shifts, especially since the pandemic. Initially, properties were frequently sold at considerable markdowns as sellers entered the market with high expectations, only to reduce prices in response to strong buyer negotiations. This trend of heavy discounting became a defining feature of the post-pandemic real estate landscape in London.…