A new £210 million scheme has been unveiled by the Welsh Government with the aim of making it easier for self-builders.
The average rent for a property in the UK increased by just 0.96% in 2018 but the lettings markets in Scotland and Wales are stronger, the latest index report shows.
Sales of million pound plus homes in London have continued to drop, decreasing by 8% but in Wales they have doubled and in the East Midlands are up by 67%, new research shows.
Rents in England and Wales increased by 1.8% in the 12 months to November 2018, taking the average paid to £864 per calendar month, the latest index shows.
Property sales have fallen in 64.4% of local authority areas in England and Wales, according to a new analysis of data from the Land Registry.
Landlords in Wales could be offered incentives and other support to house those most in need, it has been revealed.
Welsh farmland supply increased by 25% to the end of September, but data also shows a softening of values across the board.
As buyers rush to beat the new stamp duty rates, property prices in Monmouthshire leap 11.3% in a year
Home prices in Wales have steadily increased in recent years, though at a slower rate than those in England, with South Wales — where the capital city, Cardiff, is — outperforming North Wales, said Stephen Cheshire, a director with the Chester office of Jackson-Stops, which has the listing for Plas-yn-Cwm.
Farmers in Wales face paying thousands of pounds more in tax on major land purchases as a result of the introduction of the new Wales-only land transaction tax (LTT).
The market for UK hill farms remains healthy but interest is diverse and not purely driven by agriculture.
The value of Scottish holdings continues to be underpinned by the forestry sector – a trend also recognised in Wales, albeit to a lesser extent.
New homeowners are driving the buoyant housing markets in Scotland, Wale and Northern Ireland, taking advantage of low interest rates to get onto the ladder.
A flurry of launches across Wales and its bordering counties has sparked the region’s summer farmland market to life.
As Farmers Weekly reported last month, stunted supply was a feature of the Welsh land market last summer.
The latest data released by Principality Building Society has revealed that over the last 4 years the price of an average home in Wales has been steadily climbing - hitting a new high of £174,319.
The society has collated data and released it today in the form of the first house price index solely for Wales.
Cardiff City Council has approved outline proposals from developer Persimmon Homes for a 1,500-home neighbourhood on the north-west flank of the Welsh capital.
The EU referendum and low commodity prices played key roles in a stagnating farmland market in Wales last year.
Several agents in England and Scotland have reported the referendum had little effect on the market in 2016, although recent research has suggested a large number of farms marketed last year were left on the market in December.
Almost £7m profit has been made by the Welsh Government from properties bought and sold since 2007, new figures show.
Details obtained via a Freedom of Information request showed it made more than £5.7m in profit in just two years on Number 1 Capital Quarter, Cardiff, which was sold in January.
While a total of £2.4m was lost on 12 properties, six property sales raised £9.3m in profit.
The Welsh Government said it reinvested profit into regional economies.
The Welsh Government has announced that from April 2018, Stamp Duty Land Tax will be replaced with a Land Transaction Tax.
Right to Buy is to be abolished in Wales.
Making the announcement, Welsh First Minister Carwyn Jones told the Welsh Assembly that the abolition “will ensure social housing is available to those who need it and who are unable to access accommodation or the private rented sector”
Rents in England and Wales increased by 0.1% between January and February, the first monthly rent since autumn 2015, according to the latest index.
This took the average rent to £791 a month and could be the first of several rises as the private rented sector braces for anti-landlord policies such as tax changes.
The data from the buy to let index from Your Move and Reeds Rains also shows that year on year rents are up 3.3%, or an extra £25 a month for the average tenant.
Average rents are now rising on a monthly basis for the first time since September 2015, up 0.1% between January and February.
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