Welcome To The Wharfe Valley Property Blog

Welcome to The Wharfe Valley Property Blog, the place where landlords and homeowners can find useful information, advice, insights, resources and inspiration for owning, renting out, buying and selling property in the Wharfe Valley covering Ilkley, Addingham, Ben Rhydding, Burley in Wharfedale, Menston, Otley and Pool in Wharfedale area.

The Wharfe Valley Property Team

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14
March, 2019
10:31

45.7% of #Otley Property is Sold

As 45.7% of Otley Property on the Market is Sold

Are there any bargains because of Brexit?

Bargains – well yes and no – and let me explain why. To find a bargain you need to know the ‘market’, yet there is not one ‘property market’ in the UK. In fact, the...

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11
March, 2019
20:03

#Otley Property Market – Outlook for 2019

Otley property values are unexpectedly 3.8% higher than at the end of 2017, notwithstanding the uncertainty and threats over the potential impact of Brexit in 2019. This has exceeded all the predictions (aka guesses) of all the City of London economists, in an astonishing sign of strength for the local Otley and wider national economy. Nevertheless, the statistics from the Land Registry come after a lethargic year for the number of...

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16
February, 2019
14:32

#Ilkley House Prices up 25.8% in the last 5 Years

Over the last 5 years, we have seen some interesting subtle changes to the Ilkley property market as buying patterns of landlords have changed ever so slightly. The background to this story was the recently published set of buy-to-let (BTL) lending statistics. Roll the clock back 12 months and 6,700 BTL mortgages were granted (in the same month) for £900m, meaning the average BTL mortgage was £134,200. Looking at last month’s figures, and...

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22
December, 2018
20:54

#Ilkley ‘Home Owning’ Movers and Shakers in 2018

It’s now commonly agreed amongst economists and the general public that the dramatic rise in Ilkley property prices of the last six years has come to an end. Read the National newspapers, and they talk of doom and gloom in the British housing market with such things as strained buyer affordability (as property prices have increased over the past six years at a far faster pace than average salaries), a lack of new properties being...

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23
November, 2018
09:38

#Ilkley First Time Buyers Need 4.8 Times Annual Salary to Get on Housing Ladder

What is it to be British? Our stubbornness, long-suffering stoicism, our vexation at injustice, our obsession with football and rugby, we are weather obsessed external awkward noncommittal modest people whilst underneath seething like a volcano because someone jumped the queue….. and our No.1 obsession is with the property ladder. This ‘love affair’ with owning our own home has been both good and bad for the UK as a whole; giving...

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