Taylor & Co Property in Abergavenny

People in the market for a new home can easily get discouraged when properties fall short of their expectations. There’s a significant difference, however, between a less-than-perfect house and one that sends buyers running for the hills. Read The Guild of Property Professionals blog here to discover what will make potential buyers flee, fast.

Facing a blank canvas when beginning to decorate your perfect home can be daunting. These tips from The Guild of Property Professionals will help get you started and moving in the right direction towards a beautiful and comfortable home! Read the full article here
 

At Taylor & Co we recognise the importance of helping those less fortunate than ourselves and we are proud to be supporters of Tŷ Hafan, our chosen charity.

Tŷ Hafan is a leading Welsh children’s charity which provides comfort, care and support to children with life-limiting conditions, along with their families both at the hospice and within the community too. Through their vibrant hospice and diverse community programmes, they offer families short-break care and help them make the most of the time they have left together; creating precious memories and ensuring a short life is a full life. And when a child is close to the end of their life, Tŷ Hafan becomes a family’s safe haven, by their side during their most difficult time and for as long as they are needed.

Every year Tŷ Hafan take care of over 200 children with life-limiting conditions whilst supporting their families. This is a collective effort as Tŷ Hafan simply couldn’t provide its vital services without the kindness and generosity of the community. To run the hospice and deliver their broad community programmes, they need to raise around £4.5 million each year.

Every donation of time or money helps them continue to provide comfort, care and support to children and their families across Wales. Over the years, our small but committed team have taken part in several activities to raise much needed funds for Tŷ Hafan and our Just Giving page chronicles all the fun that we have in doing so.

However, our ability to take part in sponsored events has become increasingly difficult over the last 22 months as the Covid pandemic has affected our ability to take part in group sports activities, lending a hand packing bags in supermarkets has understandably ended and attending hospitality events with our collection buckets has tailed off too. 

We have therefore pledged to donate £100 to Tŷ Hafan on the successful completion of every property sale that we are instructed on from 1st January to the end of December 2022. 

To find out more about Tŷ Hafan, please visit www.tyhafan.org For more information on our adventures and to track our progress, or make a donation in support of Tŷ Hafan, visit our Just Giving Page here.

On behalf of the team, thank you for your support, it is very much appreciated!

Kate Taylor MNAEA, Director, Taylor & Co 

The Royal Institution of Chartered Surveyors (RICS) has released updated guidance on Japanese knotweed and residential property that has abolished the ‘seven-metre rule’ valuers use when determining whether Japanese knotweed poses a threat to a property.
 
RICS’ new guidance states: “The so-called ‘seven-metre rule’ focused more on what has been demonstrated to be an overstated risk of Japanese knotweed to buildings, rather than its sometimes-serious impact on amenity". Experience and research in recent years has lead to a better understanding of problems caused by Japanese knotweed, with the guidance state that "Japanese knotweed rarely causes structural damage to substantial buildings and dwellings".
 
The industry body reports that “There is also a recognition that the most appropriate objective when Japanese knotweed is encountered is to ensure an appropriate level of control rather than to automatically strive for eradication.", “In some circumstances, for example when construction is proposed, proper control may involve physical removal but in many domestic situations effective control can be achieved by the managed application of herbicides". 
 
Keith Spencer (MRICS FAAV) says "It has been recognised that the physical effects of Japanese knotweed on property have often been overestimated in the past, and valuations have been unduly affected and reduced. This report provides guidance to valuers and will be welcome news to affected households."
 
Read the full report here.
NAEA Propertymark is reporting that the Welsh Government have launched a consultation to address the impact of second homes and holiday lets in some parts of Wales. The consultation seeks views on how Land Transaction Tax (LTT) rates could be altered to improve opportunities for those looking to purchase permanent homes.
You can read Propertymark's full report here.
 
If you're unsure how much Land Transaction Tax (LTT) you may need to pay, the Welsh Government provide a free Land Transaction Tax Calculator here.
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