Author Archives: internetmbs

GREENFIELD (MOSTLY) RESIDENTIAL DEVELOPMENT LAND ON OFFER

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I’ve been handed a sheath of Greenfield (mostly) residential development sites. They’re all SA postcode areas and they are, roughly speaking, in

Carmarthenshire around Carmarthen – 3 sites

Kidwelly area – 5 sites

Cross Hands area – 4 sites

Near Llanelli – 1 site

Between N.W. Swansea and Pontardulais – 3 sites

West Wales – 2 sites

The sites vary in the number of units they can accommodate, from 10 to 100+, many with at least outline planning. If you’ve an interest in certain of the locations and a particular size of development, please contact me, likewise, if you’ve an interest in a smaller site in these areas, some may be available, so please contact me.

Some of these sites have an offer expected, others are open to offer. They aren’t firesales, but they’re all good sites for you to look at. If you’re in this market, please give me a call or return your contact details on the form below and I’ll be delighted to take an enquiry from you further.

Mike

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EASY LETTINGS?

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A front page headline in the March/April edition of Residential Property Investor magazine proclaims “A booming market – more family tenants as private sector overtakes social renting”.

Firstly, it reports an English Housing Survey covering 2011/2012 which states what we already know, that more families have deserted owner occupation in favour of the private rented sector. Then according to a Royal Institution of Chartered Surveyors (RICS) survey, titled “Who lives in the Private Rented Sector” 20% of households are forecast to live in the private rented sector by 2020, up from the present 14%. However, social housing has become a casualty of government cutbacks and for the first time, according to the English Housing Survey, the numbers in private rented accommodation (3.84m households) exceeded those in social housing (3.8m households) in 2012.

It is certainly borne out in my experience that family accommodation is easy to let. I let a 2-bedroom family house last week, before I even reached the stage of giving it to the letting agents I work with, to market. Our properties have had stable tenancies with no house moves over about the past 18 months (previously there would have been one or two per year). This appears to be the recent trend.

ARE HOUSE PRICES RISING?

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“House prices rose to a record level last month, beating their pre-recession peak for the first time since the financial crash. …Prices have fallen in only one month out of the past 18. …Peter Williams, chairman of Acadametrics, said: ‘There is a distinct north-south divide, with regions in the southeastern part of the UK recovering at a much faster rate than those in the north.’”

Daily Mail 14/06/2013

Read more: http://www.dailymail.co.uk/news/article-2341454/House-prices-beat-pre-recession-levels-housing-market-hits-record-high.html#ixzz2WNKYPI6x

Mike’s comments: These rises are of course, London-centric. Property prices in South Wales appear currently to have little month-to-month variation as far as “sold” prices go. Note however, the old adage that states when property prices fall it is the lower priced properties that go first, and when prices rise, it is the higher value properties that gain value first.