NAEA Propertymark are reporting that the Welsh Government have announced plans to tackle building safety. Julie James MS, Minister for Climate Change, has outlined that the Welsh Government will fund fire safety surveys for multi-occupied buildings over 11 metres and called on the UK Government to confirm when further funding will come to Wales. Read more here >> here.
If you are planning a move across the border into England, with the average house price in the UK currently sitting at £225,000 and the zero-rated Stamp Duty limit now at £250,000 until the end of September 2021, you will be in a perfect position to reap the benefits of purchasing now. This holds true particularly if you are a first or second-time buyer - the market is hot right now for new homeowners like yourself. We are members of a network of 800 independent estate agencies operating throughout the UK called The Guild of Property Professionals. The attached guide gives you a glimpse of properties on the market with our fellow Guild members for under £250,000. Click here to access the guide and if we can help with your search, get in touch with us today >> www.taylorandcoproperty.co.uk/contact-us
Consumer confidence has risen to its highest level since the country entered lockdown over a year ago, the economy is forecast to rebound more quickly than initially projected. Our housing report will give you invaluable insight into the local market. Nationally, activity levels in the RESIDENTIAL SALES MARKET are remaining robust. Sales volumes in the first three months of 2021 were 31% higher than the final quarter of 2020, and over 50% higher than the first quarter of 2021. In the LETTINGS MARKET, average rents across the UK rose by 2.9% in the year to April, on par with the projections of 3% price growth in 2021. As in the sales market, interest in rental property outside of cities has surged. Read the market analysis in full here.
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