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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12
October, 2018
08:49

#Ilkley Property Market – Autumn 2018 Update

I was recently reading a report by Rightmove that a North South Divide has started to appear in the UK property market – so I wanted to see if Ilkley was falling in line with those thoughts.  In the North, there are 7.12% less properties on the market than 12 months ago, whilst in contrast, in the South, there are 14.7% more properties on the market than 12 months ago. With the decline in the number of properties for sale in the North...

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18
August, 2018
21:33

Additional 358 #Ilkley Rented Homes Required by 2027

I have been doing some research, looking both at National and Regional reports on the demand and supply of property and people together with future projections on the economy, population and family demographics with some interesting results. According to the Office of National Statistics, in the last financial year nationally, private renting grew by 74,000 households, whilst the owner occupied dwelling stock increased by 101,000 and social (aka...

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10
August, 2018
09:36

With the interest rate rise what does this mean for #Ilkley property values

What Will Happen to Ilkley Property Values with the Interest Rates Rise? The current average value of a property in Ilkley currently stands at £394,350 and the base rates at 0.75%. In many of my articles, I talk about what is happening to property values over the short term (i.e. the last 12 months or the last 5 years), but to answer this question we need to go back over 40 years, to 1975. The average...

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22
July, 2018
21:40

115 #Otley Landlords Plan to Expand Their Buy To Let Portfolios

A noteworthy number of buy to let landlords in Britain plan to buy more properties over the next year notwithstanding the frustrations, challenges and seismic changes in the private rented sector. According to Aldermore, the specialist Buy To Let lender, their research shows around 41% of portfolio buy to let landlord’s objective is to grow their buy to let portfolio (Portfolio landlords are landlords that own more than one...

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13
June, 2018
22:15

£660 pcm – The Average #Otley Rent

£660 pcm – The Average Otley Rent The rents paid by Otley tenants are now standing at £660 per calendar month (PCM), a rise of 1.39% year on year and 0.24% higher month on month. However, this attention-grabbing monthly rent figure masks stark differences in the various different parts of the Otley rental market. Demand in Otley for high quality family homes with two or three bedrooms in good catchment areas...

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