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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23
July, 2019
08:00

Do We Have the Right Sort of #Ilkley Homes For the 21st Century

Would it surprise you to know that in some parts of Ilkley, predominantly prosperous areas with high proportions of mature residents, the housing crisis is not one of supply so much as dispersal of that supply? Theoretically, in Ilkley there are more than enough bedrooms for everyone - it’s just they are disproportionately spread among the population, with some better-off and more mature households living in large Ilkley homes with many spare...

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15
May, 2019
22:02

New Home Building in #Ilkley and #Bradford 2018 rises to 20.1% above the post Millennium average

Nationally, the number of new homes created in 2018 was 222,194, the highest since 1989. Yet since 2002, the average number of properties built in the UK has only been 146,700 per year. You would think, seeing all the new homes sites around, you could ask are we building too many houses, especially off the back of those impressive 2018 build figures? However, to keep up with the ever-growing population, lifestyles and people living longer,...

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26
March, 2019
10:36

Home Ownership among #Ilkley young people…….. read on

Home Ownership among Ilkley young people has dropped by more than a third in 20 years

The proportion of 25 to 34-year olds who own their home in Ilkley has dropped by more than a third in the last 20 years, so what does this mean for all the existing Ilkley landlords and homeowners together with all those youngsters considering buying their first home? Well,...

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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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18
January, 2019
10:30

33.5% of All #Ilkley Properties were Bought Without a Mortgage in the Last 7 Years

For most Ilkley people, a mortgage is the only way to buy a property. However, for some, especially Ilkley homeowners who have paid off their mortgage or Ilkley buy to let landlords, many have the choice to pay exclusively with cash. So the question is, should you use all your cash, or could a mortgage be a more suitable option? Well, looking at the numbers locally... 15,038 of the 44,910 property sales in the last 7 years in...

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