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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10
August, 2018
09:36

With the interest rate rise what does this mean for #Ilkley property values

What Will Happen to Ilkley Property Values with the Interest Rates Rise? The current average value of a property in Ilkley currently stands at £394,350 and the base rates at 0.75%. In many of my articles, I talk about what is happening to property values over the short term (i.e. the last 12 months or the last 5 years), but to answer this question we need to go back over 40 years, to 1975. The average...

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07
August, 2018
09:24

More than thirteen babies for every new home built in #Bradford #ilkley

More than 13 babies have been born for every new home that has been built in Bradford since 2012, deepening the Ilkley housing shortage. This discovery is an important foundation for my concerns about the future of the Ilkley property market - when you consider the battle that todays twenty and thirty somethings face in order to buy their first home and get on the Ilkley property ladder. This is particularly ironic as these Ilkley...

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22
July, 2018
21:40

115 #Otley Landlords Plan to Expand Their Buy To Let Portfolios

A noteworthy number of buy to let landlords in Britain plan to buy more properties over the next year notwithstanding the frustrations, challenges and seismic changes in the private rented sector. According to Aldermore, the specialist Buy To Let lender, their research shows around 41% of portfolio buy to let landlord’s objective is to grow their buy to let portfolio (Portfolio landlords are landlords that own more than one...

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11
July, 2018
09:00

#Ilkley Asking Prices Down 0.7% in the Last 12 Months, BUT, is that the Real Picture?

The average asking price of property in Ilkley decreased by 0.7% or £2,563 compared to a year ago, taking the current average asking price to £380,015, compared with £382,578 this time last year. But is it really that simple? Sometimes you need to take a look at the bigger picture. The overall drop in asking prices could be put down to sellers being more realistic with their pricing and looking to benefit from the impending mortgage...

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11
May, 2018
15:03

27% more #ilkley home owners wanting to move more than 12 months ago

As I have mentioned a number times in my local property market blog, with not enough new-build properties being built in Ilkley and the surrounding area to keep up with demand for homes to live in (be that tenants or homebuyers), it’s good to know more Ilkley home sellers are putting their properties on to the market than a year ago. At the start of 2007 there were 154 properties for sale in Ilkley but by October 2009, when the credit...

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