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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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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09
January, 2019
10:56

Live in #Otley? About to Retire and Privately Rent? You Could be £3,900 a Year Worse Off!

You read the personal finance pages of the newspapers and it all seems to be the impending pensions crisis ……. where people aren’t saving enough for their retirement. But it’s not the lack of Otley peoples’ future pension incomes that are my immediate concern. The fact is that so many of the future retirees in Otley over the coming decade, who never bought their home in the Millennial years of the 1990’s and 2000’s, will have to...

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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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18
November, 2018
21:24

#Otley Property Market: Is Sell to Rent the new Buy to Let?

It doesn’t seem two minutes ago that it was 90 degrees Fahrenheit in the shade (32 degrees Celsius for my younger readers), hosepipe bans looked likely and it was simply too hot to sleep at night, yet early indications were, that as the temperatures soared, the Otley property market appeared to be doing the reverse and was already starting to cool down.

11.06% less people moved home in the Leeds area in...

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