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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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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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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05
November, 2018
20:26

7 Reasons Why #Otley Buy To Let Landlords Shouldn’t Be Criticised

There is no escaping the fact that over the last couple of decades, the rise in the number buy to let properties in Otley has been nothing short of extraordinary.  Many in the “left leaning” press have spoken of a broken nation, the fact many youngsters are unable to buy their first home with the rise of a new cohort of younger renters, whom have been daubed ‘Generation Rent’ as landlords hoover up all the properties for their buy to...

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