Archives for Property News

2020 Housing Affordability Report with Stats for England & Wales for 2019, from the Office for National Statistics

Housing affordability in England and Wales: 2019 Commenting on the findings, ONS Head of Housing Analysis Nigel Henretty said: “This is the first significant improvement in housing affordability in England for ten years. “While housing remained significantly more affordable in Wales than in England, the gap between the most affordable and least affordable local areas decreased for the first time in four years. This was driven mainly by decreasing house prices in the least affordable areas.” Go to the ONS release or view the full release by reading on: Release:Housing affordability in England and Wales: 2019 Contact: Nigel Henretty Release date: 19
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An Investor’s Guide to Becoming a Landlord…

An Investor’s Guide to Becoming a Landlord… AN INVESTOR’S GUIDE TO BECOMING A LANDLORD When times of economic uncertainty bite, many investors review their portfolios to find alternative sources of income. With interest rates still fairly low, letting residential property can offer a viable long-term alternative. But as with most investments, you’ll need to become an expert in a new field and adapt to ongoing changes in regulation. The laws governing the private-rented sector can be overwhelming, but with the correct advice, property investors can set off on the right track. Long-term flexibility and security According to the Office of
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SME Property Boom ‘on the Way’ as Firms Look to Expand – Business News Wales

Small and medium sized businesses are set to drive a commercial property boom in the next two years, according to a new study. Research from by finance specialist Together shows nearly six out of ten SMEs (58 per cent) – nearly 3.4 million across the UK – say a boost in business is driving a need to move or extend their existing site for additional staff and equipment as well as space for storage. Among firms with property plans, 30 per cent are looking to move to bigger premises while one in six (16 per cent) aim to extend their
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Port Talbot is Britain’s Property Hot Spot 🏠 🏴󠁧󠁢󠁷󠁬󠁳󠁿

Portalbot Britain's Property Hot Spot... It may be best known for its giant smoking steelworks but Port Talbot proved to be Britain's property hot spot last year, figures show. The industrial town saw average house prices rise by 7.5% during 2019 - almost five times the national average. Cheap seafront houses and removing the Severn bridge tolls helped fuel the rise, according to estate agents. Four Welsh towns made the top 10 while Aberdeen, Witney in Oxfordshire, and Woking in Surrey saw the biggest falls. For 70 years the sprawling steelworks - among the largest in Europe - has dominated
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