Wales to open four-star hotel in Newport

The Welsh government will invest 2m euros for the New Port hotel project. The hotel is planned to be a four-star luxury hotel. The government will provide capital support of £ 100 million in Wales for three years of renovation of the Government’s Targeted Regeneration Investment program. The Newport City Council will work with Garrison […]

Approval for construction of 29 houses in Wales

The construction of 29 houses, which were planned to be built in North Wales, was approved. The buildings will be built in a green field in Wales. 9 of the 29 houses to be built will be affordable. The other houses will consist of four bedrooms. The report to be considered by Gwynedd’s planning committee […]

House sales increased in England and Wales

The most expensive real estate transaction in England in January was the £ 12.65 million property in Kensington and Chelsea. According to the UK government’s Land Registry records, home sales in England and Wales finished the year with a poor performance in 2018. According to the agency last month, there are 99,372 properties registered between […]

UK average sales prices fall

In recent years, home prices have fallen by 33 percent year-on-year in the UK, where real estate prices have risen rapidly. According to the reports, average house sales prices in England and Wales fell by 0.2 percent in February. According to the monthly real estate index published this week, the decline was set at £ […]

Zoopla’s most watched property is back on the market

Zoopla’s most watched Art Deco house is on the market. The house in Wales, was re-listed with great renovations. The price of the house was set at € 695,000. The pair of Dayne and Julie Bartlett had bought the house in an auction in 2015. They were decided to resell the house. Built in 1930, […]

Wales property increases value of UK real estate sector

According to the British government’s report published on Wednesday, the British property sector gained value from under favour of the Wales property. The report shows that UK real estate prices increased by 2.8 percent. How did the property of Wales affect the real estate sector in England? What is the importance of Wales property in […]

Your Move : Majority of regions in England and Wales see rents rise

With the majority of rents in England and Wales rising in May it appears that the snap general election had no noticeable effect on the lettings market – according to the latest Buy to let Index from Your Move. Rent are now, on average, sitting at £814 per month with seven of the 10 regions […]

UK house prices up 5.8% in year to February, says Land Registry

According to the Land Registry-UK House Price Index  February data,  the average property values increased by 5.8% in February y-o-y  to £217,502. Monthly house prices have risen by 0.6% since January 2017. The monthly index figure for the UK was 114.1. In England, the February data shows an annual price increase of 6.3% which takes […]

House prices increasing faster than earnings in England and Wales

According to the ONS -Housing affordability in England and Wales: 1997 to 2016 report, on average, working people could expect to pay around 7.6 times their annual earnings on purchasing a home in England and Wales in 2016, up from 3.6 times earnings in 1997. The median price paid for residential property in England and […]

Average rent in England and Wales reaches £811 in December 2016

In its latest Buy to Let Index, Your Move reports that average rent in England & Wales during December 2016 stood at £811 in comparison to £790 at the beginning of the year. On a regional basis, most areas saw rents rise or stay broadly flat compared to 12 months ago. Just two regions saw […]