cardiff property property investors
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…
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
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…
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…
You may have noticed that during the last 12 months, probably more, that the housing market has gone a bit crazy. If you are trying to buy or rent I expect you are having major problems getting viewings for properties, and those of you that do manage to get a Read more…
Looking to invest in South Wales but dont know where to start? Here’s a quick comparison between Cardiff and Newport property with key rental information. Cardiff Lettings Over the last 12 months, the average rent achieved for properties let in Cardiff was £754 per month. 59% of properties let in Read more…
Why is price per square foot important when buying an investment property? Well in all honesty, it isn’t. Most credible investors rarely consider using price per square foot as a true way to value property. Don’t get me wrong, it can be very useful in comparing similar properties in similar Read more…
According to ONS average rental values across the UK rose by 1.4% in the year to December 2020. Rents in #Wales rose 1.5% However, Over the last 12 months, the average rent achieved for properties let in #Cardiff was £828 per month. This is a +11% change on the previous Read more…
26% of tenants moved within a mile of their previous rental property in 2020, and over two thirds (69%) stayed within ten miles. As renting is more flexible than ownership, some households use it as an opportunity to get to know a new area. In fact, 27% of tenants moved Read more…
In a recent survey by Bankrate UK, a mortgage comparison service, questioned buyers about their prospective purchases in the last 6 months in the UK. 46% revealed they had their prospective property down valued by their lender. Homes valued between £400k and £500k were subject to the most de-valuations. Buyers Read more…