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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18
July, 2017
22:28

75 #Otley Households Occupied by OAP Renters

Recent statistics published by the Office of National Statistics show that there are 267,704 private rented households in the Country that are occupied by people aged 65 and older, meaning 4.39% of OAP’s are living in private rented property. It got me thinking two things. How many of these OAP’s have always rented and how many have sold up and become a tenant? In retirement, selling up could make financial sense to the mature generation...

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23
March, 2017
09:23

Private renting in #ilkley set to hit 1,179 households by 2021 – Is Buy to Let immoral? (Part 1)

Private renting in Ilkley set to hit 1,179 households by 2021 - Is Buy to Let immoral? (Part 1) Can we blame the 55 to 70-year-old Ilkley citizens for the current housing crisis in the town? Also known as the ‘Baby Boomer Generation’, these Ilkley people were born after the end of the Second World War as the country saw a massive rise in births as they slowly recovered from the economic hardships experienced...

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15
January, 2017
21:18

#Ilkley OAP’s sitting on £103 m of Property

Ilkley people aged over 65 currently hold more housing wealth in their homes than the annual GDP of the whole of the Shetland Isles … and this is a problem for everyone in Ilkley! Many retiree’s want to move but cannot, as there is a shortage of such homes for mature people to downsize into. Due to the shortage, bungalows command a 10% to 20% premium per square foot over houses of the same size with stairs. To add to the woes, in 2014,...

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21
September, 2016
13:40

New House Building in #Ilkley slumps by 28.4% in the last year

Let me speak frankly, even with Brexit and the fact immigration numbers will now be reduced in the coming years, there is an unending and severe shortage of new housing being built in the Ilkley area (and the UK as a whole). Even if there are short term confidence trembles fueled by newspapers hungry for bad news, the ever growing population of Ilkley with its high demand for property versus curtailed supply of properties being built, this...

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