Booming Rental Market Continues

Booming Property Services

Booming Rental Market Continues Demand for rental properties continues to grow. According to the latest industry leading Propertymark report, the average number of tenants per branch was the highest of all time in May increasing from 82 in April to 97 last month. The average number in the last 12 months was 70. Other Key…


What are the Main Priorities of Home Seekers: Has the Landscape Changed Over the Last Twelve Months?

What is your Priority

According to new industry data, homebuyers now prioritise superfast broadband as being more important when searching for a new home than being close to a good school. This new industry data, along with the introduction of the government backed 95% Loan To Value (LTV) mortgages and the Stamp Duty holiday has meant that the top…


LANDLORDS – IS YOUR MONEY PROTECTED?

Landlords who choose lettings agents registered with ARLA Propertymark can be confident that their money is safe. Under the Client Money Protection Scheme (CMP) all money is kept in a designated client account and these accounts are subject to annual independent inspections. Every year unprotected landlords and tenants lose money when funds are misappropriated. The…


Landlords, Why Should You Choose Smooth Moves to Let Your Property?

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Being a landlord can be a stressful experience. You worry when the property is empty and then worry even more when the property is occupied. Be it issues with maintenance, government legislations or problem tenancies, Smooth Moves are here to help. We ensure that you receive the maximum return on your investment with a good…


Welsh Housing Minister Announces Actions to Reform Leasehold Market in Wales

Extension on the Current Restrictions on Evictions Announced (1)

The next steps to reform the leasehold system in Wales have been announced by the Welsh Government. The following information can be read in full on the PropertyMark website Key findings of the research There are approximately 235,000 leasehold properties in Wales, representing 16 per cent of the housing stock. In general, purchasers buy a…


Extension of the current restrictions on evictions, which are due to expire on 31 March, to the end of June 2021

Extension on the Current Restrictions on Evictions Announced

The Welsh Government yesterday, 17 March, issued a statement confirming they have laid the Public Health (Protection from Eviction) (No.2) (Wales) (Coronavirus) Regulations 2021 (‘the No.2 Regulations’). These regulations replicate the Public Health (Protection from Eviction) (Wales) (Coronavirus) Regulations 2021, and will extend the current restrictions on evictions, which are due to expire on 31…


Six Reasons Why You Might Be Considering Moving House

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As part of our introduction process when working with house sellers we often ask what the reason(s) is for their decision to move. We have looked back through the various reasons provided over the past twelve months and identified the following six most popular reasons. Perhaps some of these might be applicable to your current…


Landlords – When and Where to Buy Your Rental Properties

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Are you a landlord searching for a property to purchase? Perhaps it is your first time buying a property to let or maybe you already have a portfolio? We have written this practical guide to provide our advice and guidance and will happily answer any questions or requests for further information you might have. Research…


Wales Recorded the Highest Increase in Average House Prices in 2020

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Average UK house prices rose by 8.5% in the year to December and Wales recorded the highest increase of 10.7% according to the House Price Index released by the Office for National Statistics today. The average price of a house in Wales during this period rose to £184,000 whilst average property prices in England were…


Demand for Rental Properties Increasing

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The residential rental market has been steadily growing over the last few months with landlords and agents seeing a welcomed upturn in tenants looking for rental properties in all areas. The market has increased by 60% over the last few months with the demand for rental properties exceeding the supply as many more Tenants are…