Posts Tagged ‘#Wales’
Mumbles in Wales is Britain’s top coastal price hotspot
A new study from Rightmove reveals Great Britain’s top coastal price hotspots, with Mumbles in Wales leading the way, followed by Camber in East Sussex and Fowey in Cornwall Average asking prices in Mumbles have risen by 47% since 2015, which is a bigger five-year increase than any other coastal area in Great Britain Sandbanks…
Read MorePrices fell again in July on a monthly basis according to LSL
Latest LSL Property Services/Acadata England & Wales House Price Index report – July 2018 headlines ‘Average house price in England and Wales now £302,251’ On a monthly basis, prices fell again in July, for the fifth month in succession: down 0.2%, leaving the average house price at £302,251. The figure is still up on an…
Read MoreUK house prices grew by 4.2% in the year to March 2018
UK House Price Index – March 2018 published yesterday 23rd May 2018 from HM Land Registry. In England, the March data shows on average, house prices have fallen by 0.3% since February 2018. The annual price rise of 4% takes the average property value to £240,949. Wales shows, on average, house prices have fallen by…
Read MoreConsumer experience study of buying and selling homes in England and Wales
Research and Analysis from Department for Business, Energy & Industrial Strategy published 22nd October titled ‘Buying and selling homes: consumer experience study.’ A study on the consumer experience of buying and selling homes in England and Wales. The research covers the entire consumer ‘journey’ of buying and selling homes including: initial marketing or property search negotiating…
Read MoreAnnual house price growth slowed in southern regions in September
The latest LSL/Acadata England and Wales House Price Index report September 2017 released 16th October headlines ‘Growth in house prices slows yet remains positive in many areas.’ The report reveals annual house price growth slowed in September 2017, values reduced slightly (by 0.1%) over the month, annual growth continues to be positive at 1.3%. Transactions…
Read MoreWales draft budget includes proposals for average first-time buyer to pay no stamp duty
This week Finance Secretary Mark Drakeford unveiled a new budget for Wales, reflecting the Welsh Government’s new tax and borrowing powers. In the draft budget the Finance Secretary announces new progressive rates and bands for land transaction tax (LTT) and landfill disposals tax (LDT), which will replace stamp duty land tax and landfill tax, respectively…
Read MoreARLA Propertymark reponds to fees ban consultation in Wales
ARLA Propertymark recently responded to fees ban consultation for Wales. They submitted their views to the Welsh Government’s consultation on fees charged to tenants in the private rented sector, arguing that if fees to tenants are banned outright landlords are likely to pass on higher agents’ fees to tenants in the form of higher rent.…
Read MoreHouse prices rallied to new peak in May according to Your-Move
Your Move’s latest England and Wales house price index May 2017 headlined ‘A new north-south divide as northern regions drive transactions’ reveals: Sales of London homes to the end of April were 29 per cent lower than the same period last year. House prices in the capital continued to rise, up 2.7 per cent in…
Read MoreStrongest rent growth seen outside London says Your Move
The latest Buy to Let Index March 2017 report for England and Wales from Your Move headlines ‘East and South East rents rise as demand outside London Rockets’. The average rent in Egland and Wales for Febraury 2017 was £798. Strong rent growth was seen outside London with Wales seeing rents rise faster than anywhere…
Read MoreRLA is asking the Welsh Assembly members to amend tax plans
The RLA is asking the Welsh Assembly members to amend tax plans that could make it harder for vulnerable people to rent a home, RLA Cymru is warning that any threat to the supply of homes to rent will make it more difficult for families and the homeless to access rented housing, at a time…
Read MoreWales ending the right-to-buy scheme for tenants
The Welsh National Assembly plans to bring forward legislation within the next year to end the Right to Buy scheme for social housing tenants, Scotland has already lost the right to buy their homes since August 1st this year. Welsh First Minister Carwyn Jones reportedly said when announcing the policy: “We must safeguard our social…
Read MoreWell Done Welsh Football
I know this has nothing to do with property but just had to mention the fantastic acheivement by the Welsh Football team and all those involved, for getting to the semi finals of Euro 2016, they certainly did their nation proud, they went out of the competion last night to Portugal with their heads held…
Read MoreWales leads the way.
I suspect many of you who saw the Welsh flag at the head of this Breaking News item would have thought you were going to get another report on what can only be described as one of the greatest games of football in British fooballing history last week, Wales against Belgium, well you are not,…
Read MoreNew High for Tenant Evictions
According to a most recent blog from Central Housing Group “tenant evictions reach highest level on record” The number of tenants evicted from their homes by bailiffs reached a record high in 2015, according to official figures for England and Wales showing that 42,728 households in rented accommodation were forcibly removed. Housing campaigners blamed welfare…
Read MoreHouse Price Index March – Land Registry
Latest monthly House Price Index March for England and Wales released today by the Land Registry. The March data shows a monthly price decrease of 0.5 per cent. The annual price change now stands at 6.7 per cent, bringing the average house price in England and Wales to £189,901. The number of property transactions…
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