Property Market News

Property Auction Sales Collapse

10th December 2022

Auctioneers are getting far lower sales in recent months many local auctions are showing over 50% of lots withdrawn and unsold (at the time of writing December 2022). Auctioneers we are speaking to are now refusing to list properties unless they have very low reserve prices – making it difficult to achieve the higher bids […]

Estate Agency Sales: Lowest Since Pandemic 

05th December 2022

Property sales falling through due to broken chains and funding issues for buyers means that the property market is seeing a downturn in supply and demand of properties. According to Estate Agents up and down the country, homebuyer enquiries fell in August and September – the steepest since the pandemic. This makes it the fourth […]

Why are mortgage interest rates rising?

31st October 2022

Inflation causes prices of all commodities to gradually increase. As that happens, the purchasing power of the average person dwindles, especially if income doesn’t rise at the same rate – which often it doesn’t. Mortgage brokers, in response, have to increase interest rates to combat the hike caused by inflation. If inflation rates are high, […]

Why are Mortgages in South Wales Falling Through? 

31st October 2022

Hundreds of residential mortgage deal offer in the U.K. have been pulled after market chaos sparked concerns about base rates rising as high as 6% next year. Overall, 935 mortgage products were pulled from the market on Tuesday, according to data from money comparison site Moneyfacts. The company said this was the largest ever daily […]

How will the cost of living crisis affect house prices in Wales?

31st October 2022

The increase in the cost of living is likely to cause a slump in the property market due to soaring inflation and a squeeze in surplus funds for people.  This could be particularly problematic for first-time buyers seeking mortgages. Historically the areas that have had the sharpest increases in prices have often been the same […]

How to keep your house cool during a heatwave

26th July 2021

The MET Office has issued a rare Amber, extreme heat weather warning after consultations with Public Health England. The warning says to prepare for temperatures to reach a staggering 35 degrees in some areas of the UK.There have also been concerns regarding people’s health and wellbeing during such extreme weather conditions. The vast majority of […]

Will The Property Market Crash?

20th July 2021

As UK house prices continue to soar, it seems that any hope for the property market to calm is a long way off. With each month that passes, new records are being broken, which fuels mass speculation that a crash in the property market is inevitable. The increase in property demand is down to incentives […]

Indemnity Insurance on Property

03rd December 2019

A guide to help answer questions about Indemnity Insurance.  What is Indemnity Insurance?  Indemnity Insurance is used in conveyancing to offer sellers protection if there is a defect with their property. Sellers take out a policy to cover any costs from the buyer, making a claim against their property. There is usually only a one-off […]

Who wants to buy a South Wales beach?

05th September 2017

If it is one thing Wales has in abundance, it is beautiful homes, historic landmarks, and enviable open spaces. But how would you like to be the proud owner of one of the best views the country has to offer? The gorgeous 2.2 acre Saundersfoot beach in Pembrokeshire was put on the market this summer, […]

Will Brexit affect my house sale?

10th April 2017

In the last few weeks, Google has recorded a huge number of searches on the term “How will Brexit affect…….?” High on the list of topics attached to this question is the repercussions for property prices and mortgages. So now Article 50 has been triggered, how will Brexit affect your plans to upgrade to a […]

5 main reasons why house sales fall through 2016

24th October 2016

If you are looking to sell your home quickly, securely and free from concerns about sale completion, a cash sale could be for you. Data released earlier this year demonstrated that one in four house sales fell through in 2015. This could be for a variety of reasons, but most of these can be solved […]

Are low interest rates good for a quick house sale?

16th September 2016

On the face of it, news that interest rates in the UK are now at their lowest level since the founding of the Bank of England in 1694 is quite depressing, especially for those intending to save money. But in the world of investment, some are effected positively, and some are effected negatively, and as […]

Landlords looking to sell houses fast following the Brexit

11th August 2016

Hi Guys, My name is Mark King, I’m a Cardiff based property buyer. Just wanted to catch up on what is happening in the South Wales Market at the moment. We are getting a lot of calls from landlords and investors that are looking to sell on at the moment. A lot of people are […]

How to sell a house in a changed South Wales Property Market

27th July 2016

My name is Mark King and I am a Cardiff-based property buyer. I buy properties throughout the South Wales region. I’ve been in the business over 20 years and have bought over 700 properties in that time. How to sell a property following the recent Brexit. Part of my short series on Brexit, I want […]

How the Brexit is affecting the property market

17th July 2016

My name is Mark King and I am a Cardiff-based property buyer. I buy properties throughout the South Wales region. I’ve been in the business over 20 years and have bought over 700 properties in that time. Brexit and how it is affecting the property market The word on everyone’s lips in the industry at […]

How has Brexit affected the future of the UK property market?

13th July 2016

Since the UK voted to leave the EU in June’s referendum, politicians, economists, financial bodies and us property experts have all been overrun with conflicting messages about how Brexit will impact the UK property market. Even prior to the vote Chancellor George Osborne warned that a vote to leave could impact housing prices, Prime Minister […]

If UK Exit The EU, Will House Prices Fall?

10th June 2016

UK exit from the EU could result in house prices dropping by 5% Current UK Housing Market As Part Of The EU Britain joined the EU in 1973, and since then we have seen a significant increase in property value estimated at 2000%. However we are now approaching threats with the uncertainty of the referendum. […]

Will South Wales Millionaire Sell His House Fast?

18th April 2016

Local millionaire businessman Wayne Devine lives in a truly spectacular 8 bedroom home in Vale of Glamorgan, South Wales. A home which 13 years ago sparked a Super Star bidding war that made the mansion sell faster than the estate agent, Richard Morgan, of Watts and Morgan, was expecting. The home sold so fast that […]

Why The UK Housing Bubble Is A Very Real Concern

07th April 2016

Property Experts Speak Of An Unsustainable Bubble The UK housing market could be heading for a crash suggests leading property market experts, as 2016 is predicted ‘unsteady’ for all involved. The UK housing bubble is a very real concern. We are all aware that UK house prices have been fiercely increasing since the critical fall of […]