Hope of lower prices encourages tentative first-time buyer recovery
The proportion of first-time buyers set to enter the property market has seen a recovery from the record low seen last quarter.
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The proportion of first-time buyers set to enter the property market has seen a recovery from the record low seen last quarter.
Boasting breath-taking views of the crystal clear sea and flanked by acres of woodland, Waterwynch house is a cash-rich buyers paradise. And the stunning estate in Pembrokeshire that has played a major role in Welsh tourism for the past 200 years is now officially on the market!
This month saw what’s said to be ‘the world’s smallest apartment’ come onto the market. Once a former porter’s closet, the studio property measures just 5m2!
The Rightmove House Price Index has seen an increase in average asking prices every October for the past 10 years, so it was perhaps not surprising to see a 3.1% rise over the past month.
An October increase of 4.3% or less would have meant London prices fell year-on-year. However, the 18,497 sellers who came to the market in the last month increased their average asking prices by 5% compared to sellers in the previous month.
Welsh sellers coming to market in October went against the trend of the rest of the country by pricing their properties at -0.6% less than a month ago.
It was the inspiration for Sir Paul McCartney’s Christmas number 1 and now the Mull of Kintyre can be yours for just £2.95million! Check out the Mull of Kintyre property now.
One of her acts was the first to go on X Factor, and it looks like Dannii Minogue isn’t having much luck selling her property either. The glamorous judge has just reduced the price of her two bedroom London apartment from £550,000 to the current price of £499,000.