Author Archives: internetmbs

Vegan Investments

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The business began buying property to house members of a vegan project, and evolved as a commercial rental company in 2003 offering property to rent to all sectors of the market, but specifically families, professionals and specialising in housing vegan, creative and spiritual tenants (now “Occupation Contract” holders).

The rental market has become enormously complex since the implementation of the Welsh Government’s Housing (Wales) Act in 2023. This and other changes in the rental environment mean that tenants tend to stay for longer and our homes are infrequently vacant but if you’re looking for or interested in a rental or we can help in any other way, please do call for a chat.

01792 468200

Rent-to-Sell / Rent-to-Buy in Swansea Bay

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Rent to sell and rent to buy really do give value to all parties:

  • They give the seller a chance to get a better price;
  • They open up the purchase to more buyers;
  • They make it easier for the buyer to purchase;
  • This can all be done more quickly than the conventional high street sale and purchase…

Contact me if you are interested in this process,

Michael

Swansea Developments and House Price Rises

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A Happy New Year to readers of this page.

The Halifax House Price Index 02.01.2018 lists Swansea as amongst the top 20 locations for the greatest UK property price rise over 2017:

https://static.halifax.co.uk/assets/pdf/media-centre/press-releases/2018-01-04-Cheltenham-tops-2017-house-price-winners.pdf

Swansea was one of only five locations outside of London and the South East on this list. House prices in Swansea rose by 7.7%, the national average being 3.9%.

Swansea Council leader Rob Stewart is quoted as saying that 2018 will be the year Swansea sees “boots on the ground and cranes in the sky” moving forward the extensive development plans set for the city.

“We have always been determined to deliver on our promise to transform the city centre into a destination that meets people’s aspirations, with 2018 being the year that people start to see boots on the ground and cranes in the sky.”

Kingsway, Swansea

The Kingsway

The new look planned for the Kingsway (Image: copyright unknown)

Source: Wales Online

Last year’s £1.3bn City Deal signed off by Teresa May in March that will transform the new Kingsway Business District information infrastructure is already yielding benefits to City consumers. This writer has last week had his 17Mbs internet connection replaced with the experimental G-Fast BT service that runs at 150Mbs on the old copper cables, and which as I write is being offered to City properties at locations within 400mtrs of a BT switching cabinet.

Being creative about property!

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October UK House Price Index data (HM Land Registry):

https://www.gov.uk/government/news/uk-house-price-index-new-data-reveals-number-of-cash-buyers

…reveals that a significant number of between 30% – 40% of all property purchases UK-wide are cash currently, and not mortgage funded. Mortgage companies are losing market share to other ways of purchasing a property.

Creative techniques such as offered by ourselves, therefore, also come to the fore for those buyers and sellers now in the majority outside of the 30% – 40% mainstream mortgage market range.