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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24
January, 2019
10:39

1 bed, 2 bed or 3 bed homes – Which Sell the Best in #Otley?

A few months ago, I wrote an article on the Otley Property Blog about the length of time it took to sell a property in Otley and the saleability of the different price bands (i.e. whether the lower/middle or upper local property markets were moving slower or quicker than the others). For reference, a few months ago it was taking on average 27 days from the property coming on the market for it to be sold subject to contract (and that was...

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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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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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