Property

News
Property

New LTT rates set to transform Welsh property market from next week

Property professionals this side of the Severn Bridge are gearing up for the new Land Transaction Tax, which will come into force for property sales transactions next week and will replace Stamp Duty in Wales. Wales’ current average property price is £180,000.00.  From next week onwards, purchasers under this threshold (even if they are not first […]

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Farming
News
Property

Changes to borehole rules will mean Welsh farmers need to apply for a licence

Agricultural property surveyor, Christine Thomas of Rees Richards, Swansea explains why welsh farm owners operating a borehole must now apply for a licence. Water is an increasingly expensive resource that is easily influenced by infrastructure and climate, often leaving farmers with a costly, inadequate supply that is restricted in times of good weather. Most agricultural businesses require […]

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Bridgend
News
Property

Welsh private 'hobby' landlords cautioned about new EPC regulations

The rentals sector in Wales is becoming increasingly challenging for private landlords.  There is now a formal requirement for landlords to complete mandatory training and to register, as well as specific requirements for gas and electrical safety, and the need to provide an energy performance certificate for the property. From the 1st April 2018, a […]

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Bridgend
Property
Tech

Welsh Software Company celebrates being cited as one of 'the UK's best estate agent software providers'

Bridgend-based software provider AgentPro, who make specialist software for estate agents and lettings companies, are celebrating after the market leader in property repair and maintenance software, Fixflo, cited them among the best estate agent software providers in the UK. The company recently celebrated their 10th anniversary and have seen enquiries double and a substantial increase […]

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Farming
Gower
Pembrokeshire
Property

Wales to offer £40,000 start-up grants for young welsh farmers

The Welsh government has announced plans to support young welsh farmers with a new scheme designed to develop leadership skills and breathe fresh air into the Welsh agricultural industry. At present, research shows an ageing agricultural workforce – the average owner of a farm holding in Wales is over 60 years old and just 3% […]

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Bridgend
Property

Welsh Property Software specialist to support Estate Agent News in 2018

One of Wales’ leading success stories in the UK property market, estate agent software specialist AgentPro has announced plans to extend it’s support for the property industry by sponsoring property news website Estate Agent News throughout 2018. AgentPro property management software already enables property professionals to manage every aspect of property lettings and sales, covering everything […]

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Property

Up to 4,000 Welsh Landlords still Renting Illegally

Whilst the first landlords to fall foul of the new Rent Smart Wales legislation have been successfully prosecuted, it is believed that almost 4,000 Welsh Landlords have failed to sign up to the scheme and continue to illegally let properties in the principality. The scheme requires landlords to become registered or licensed, and was initially launched on 23 […]

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Property

Welsh Government Responds to Stamp Duty Cut with Lower LTT Rates

People buying homes in Wales for less than £180,000 will now pay no tax under new changes announced by Finance Secretary, Professor Mark Drakeford. In an official press release, the Welsh Government announced that the starting threshold for Land Transaction Tax (LTT) for all residential purchases in Wales will increase from £150,000 to £180,000 when […]

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Gower
Property

Selling Houses in Gower? It's not just castles, beaches and dreams, says Swansea Estate agent

Dylan Williams, Estate Agent and Valuer for Swansea Estate Agents Rees Richards & Partners, shares an insight into his typical working day. Make no mistake, it’s tough being an estate agent in Swansea. Honest. Whilst all the ‘city slickers’ were heading in to Swansea to grab their morning coffee, I was heading off towards the surfer’s […]

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