You may rent out one property; you may rent out many. Either way most landlords are now choosing letting agents to do this for them. Agents take the burden off the landlord with the mine field of legislation, hard work finding the right tenant, getting the tenant referenced and moved Read more…
Its great to have the Cardiff property data from the Census. Analysing this we can compare Cardiff of 2011 to Cardiff 2021. There are about 358,883 people now living in Cardiff. The overall population has increased 3.9% in the ten years between 2011 and 2021. How does 358,883 break down Read more…
Tim Bannister, Rightmove’s director of property science, said: “The interest rate brakes being applied more strongly to slow the economy are now beginning to bite in the housing market”. The number of sales agreed in June is 12% behind 2019’s more normal market level. Transactions in Cardiff are 21% lower Read more…
Our outlook scenario for house prices is of a market slowdown and mild price falls. Lower transaction volumes but better than suggested by recent low mortgage approvals data. There are reasons to be positive about the housing market and the outlook has improved since Liz Truss stepped down. The interest Read more…
visit us at www.handmproperties.co.uk Dan Hopkins Working with property professionals for over 20 years providing advice and services to all property investors. www.handmproperties.co.uk
This shows the change in average asking prices of property in Wales to August 2022. Note, this is not actual sales prices where our data is normally calculated from. Need help with a property? Selling, renting, managing? Get in touch. Press the chat button below or visit the agency website Read more…
With inflation running high, the Bank of England increased its base rate to 1.25% in June, with another 0.5 percentage point rise forecast before the end of 2022 and potential for a further 0.25 percentage point rise in 2023. The typical margin between mortgage rates and the bank rate (1.5 Read more…
The property market is busy, with the start of 2022 seeing no slowdown in sales activity. Nearly 107,000 sales were recorded in January. Except for 2021, this is the strongest start to a year since 2007 and up 10% on the January average (2012–2021). Demand continues to outpace supply, sustaining Read more…
So property in the UK and especially Cardiff has seen crazy prices for property and it doesn’t seem like stopping. The good news is that it is slowing down, a little. However, demand still out weighs supply and supply continues to fall to record lows. This means that more homes Read more…
Some of you have heard of this act, many have not. However, to cut a long story short, the Welsh Government are updating tenancies and the rules of renting in Wales . Some of the rules are already in place and some are on the horizon. The latest update Welsh Read more…