Local property market information for the serious investor

Cardiff First Time Buyers Are Paying 6.6% More Than 12 Months Ago

Figures just released by the Bank of England, show that for the first half of 2016, £128.73bn was lent by UK banks to buy UK property – impressive when you consider only £106.7bn was lent in the first half of 2015. Even more interesting, was that most of the difference was in Q2, as £68.12bn was lent by UK banks in new mortgages for house purchase, which is the highest it has been for two years. Looking locally, in Cardiff last quarter, £1.14bn was loaned on CF14 properties alone!

Even though the Bank won’t be releasing the Q3 figures until December 2016, as I discussed a few weeks ago, HMRC have published their own preliminary data to suggest Q3 will be even better, with a massive growth of buy-to-let landlords to the housing market in that time frame. Fascinating, as it seems to fly in the face of the popular narrative – that the uncertainty surrounding Brexit would negatively impact buyer sentiment.

And it’s not just buy-to-let landlords that seem to be flourishing. I am finding that first-time buyers are also a lot more confident too. Low, and now negative, inflation has had a tangible impact on household finances and first-time buyers feel more secure in their jobs. Couple with a low interest rate environment and you have all the ingredients for a strengthening property market. To back that up with numbers, of the £68.12bn of mortgages lent in the Quarter (Q2), £14.9bn was lent to first-time buyers (the highest proportion of that overall lending for over two years at 21.99%).

When I looked at the data for Cardiff City Council area, the average price paid by first-time buyers (FTB’S) was £166,866, which is a rise of 1.29% from last month and a rise of 6.67% to twelve months ago. The Land Registry then categorise the remaining buyers into cash buyers or those buying with a mortgage. The average price paid by cash buyers was £180,834, a rise of 1.15% from last month and a rise of 6.39% to twelve months ago, whilst buyers with mortgages (but not FTB’s), the average price paid by them was £193,176, a rise of 1.25% from last month and a rise of 6.6% to twelve months ago.

What surprised me with these figures was how close the property prices, values and percentages were to each other. It just goes to show the combination of low mortgage rates and a stable job market will continue to have a positive effect on the Cardiff and UK market.  And that is why, while there is undoubtedly more cautiousness in the market at present than a year or so ago (among borrowers and mortgage companies alike) – mortgage rates are so competitive that they are inducing people to commit to a home purchase.

It seems the great Brexit uncertainty was over hyped, and house price growth as well as mortgage approvals, could pick up pace into 2017.

Kate Gwinnutt

View more posts from this author
98 thoughts on “Cardiff First Time Buyers Are Paying 6.6% More Than 12 Months Ago
  1. Pingback: generic cialis at walmart

  2. Pingback: college application essay writing help

  3. Pingback: cheap custom essay writing services

  4. Pingback: cheap custom essays online

  5. Pingback: someone write my paper

  6. Pingback: help write a research paper

  7. Pingback: writing my thesis

  8. Pingback: best thesis

  9. Pingback: cialis dose

  10. Pingback: canadian pharmacy cialis

  11. Pingback: cialis for sale

  12. Pingback: generic cialis online

  13. Pingback: viagra and alcohol

  14. Pingback: how to use viagra for best results

  15. Pingback: how long for viagra to work

  16. cbd oil near me

    Cannabidiol, or CBD as it is known medically, is an essential component in lots of
    clinical marijuana supplements. As a matter of fact, it is approximated that the large bulk of active ingredients in today’s commercial marijuana supplements are comprised of CBD.

    This is surprising because when you think of it, CBD is not
    really a “cannabis” component at all. Instead, it is
    a plant component that has actually been located
    to be extremely valuable in the context of specific
    clinical conditions such as chronic pain, nausea, seizures, anxiety, anxiety, and
    queasiness. To now, the CBD is the only approved prescription medication in the
    United States that is only originated from plants.

    my homepage – cbd oil near me

     
    Reply
  17. full spectrum cbd tincture

    The CBD tincture is manufactured by boiling distilled
    water in coconut or hemp oil. Some people add Rosemary, lavender, hops,
    lemon balm or lemon grass to the boiling water.
    Other people prefer to make their very own CBD tinctures at
    home. You will find lots of recipes on-line, along with how-to instructions that demonstrate step-by-step steps to make your own CBD tinctures in the home.
    In this article we shall look at a few of the health benefits of CBD tinctures, and also some of the common misconceptions about CBD tinctures.

    My website :: full spectrum cbd tincture

     
    Reply
  18. cbd oil products

    Lots of people are needs to realize the worthiness of CBD products as more folks
    realize how much benefit they can get from them.
    People are seeing the worthiness of utilizing a product like
    cannabidiol oil, or CBD oil for example, to treat
    things such as seizures, chronic discomfort, nausea,
    despression symptoms, and a number of other ailments and
    this is resulting in the boost in popularity of
    CBD. If you haven’t currently heard of CBD, then please take the time
    to learn more about it.

    My homepage – cbd oil products

     
    Reply
  19. Pingback: indian pharmacy online

  20. Pingback: no 1 canadian pharcharmy online

  21. Pingback: diuretics

  22. Pingback: canadian pharmacies without prescriptions

  23. Pingback: cialis 100 mg

  24. hey

    Taxi moto line
    128 Rue la Boétie
    75008 Paris
    +33 6 51 612 712  

    Taxi moto paris

    We are a bunch of volunteers and opening a new scheme in our community.

    Your web site provided us with useful info to work on. You’ve done
    a formidable task and our whole neighborhood shall be grateful to you.

     
    Reply
  25. Elinor

    M.E.C Mon Electricien Catalan
    44 Rue Henry de Turenne
    66100 Perpignan
    0651212596

    Electricien Perpignan

    Hey! I could have sworn I’ve been to this site before but after reading through some of the
    post I realized it’s new to me. Nonetheless, I’m definitely glad
    I found it and I’ll be book-marking and checking back often!

     
    Reply
  26. Tawnya

    Independance Immobilière – Agence Dakar Sénégal
    Av. Fadiga, Immeuble Lahad Mbacké
    BP 2975 Dakar
    +221 33 823 39 30

    Agence Immobilière Dakar

    I know this web page provides quality depending articles and other material, is there any
    other site which offers such information in quality?

     
    Reply
  27. Pingback: viagra for sale cheap

  28. Pingback: cialis reviews

  29. Cynthia Fuller

    Just want to say your article is as surprising. The clearness on your post is simply great and that i can assume you’re a professional on this subject. Fine together with your permission allow me to seize your feed to stay up to date with approaching post. Thank you one million and please carry on the enjoyable work.

     
    Reply
  30. Pingback: cialis generic buy with pay pal

  31. Kenneth Ogawa

    I have been browsing on-line more than 3 hours these days, yet I by no means found any fascinating article like
    yours. It’s lovely price sufficient for me. In my view,
    if all webmasters and bloggers made excellent content
    material as you probably did, the internet will be a lot more helpful than ever before.

     
    Reply
  32. Norma Mathias

    Greetings! I’ve been reading your blog for a while now
    and finally got the bravery to go ahead and give you a
    shout out from Austin Tx! Just wanted to tell you keep
    up the great work!

     
    Reply
  33. Pingback: bing search results viagra hack

  34. Pingback: flagyl viagra

  35. Hong Adams

    I was just searching for this info for a while. After 6 hours of continuous Googleing, at last I got it in your web site. I wonder what’s the lack of Google strategy that don’t rank this kind of informative sites in top of the list. Generally the top web sites are full of garbage.

     
    Reply
  36. Madie Mcmahon

    Hi there, just became aware of your blog through Google, and found that it’s truly informative. I’m going to watch out for brussels. I’ll appreciate if you continue this in future. Many people will be benefited from your writing. Cheers!

     
    Reply
  37. CBD oil

    It can’t obtain any kind of easier than this:
    CBD oil is the way to go when it comes to easing signs that result from illness such as
    Cancer, MS, Arthritis, migraine headache frustrations and much more.

    This impressive oil has been proven to successfully ruin infections and germs in the body
    while assisting in the repair and regrowth of the human cell.
    Now I do not find out about you however I sure don’t desire my physician giving me something to eliminate!

    This is why you require to capitalize on finding a terrific source of details on CBD oil and just how you can begin utilizing it
    to heal yourself.

     
    Reply
  38. Pingback: ingredients in cialis

  39. Donald Burch

    Howdy, i read your blog from time to time and i own a similar one and i
    was just wondering if you get a lot of spam responses? If so how do you prevent it, any plugin or
    anything you can recommend? I get so much lately it’s driving me mad so
    any assistance is very much appreciated.

     
    Reply
  40. CBD oil UK

    Cannabidiol, additionally called CBD, is a lipophlic
    photo-cannabinoid located in Michigan. It is just one of
    the minority of all understood cannabinoids
    and represent more than 40 percent of the plant’s weight.
    The various other two phytochemicals are both unknown. In spite of the absence of expertise concerning its
    wellness advantages, the only factor many people take
    CBD is since it’s utilized in the treatment of chronic pain. If you wish to know even more about CBD, kept reading …

    Here is my page – CBD oil UK

     
    Reply
  41. CBD oil UK

    The science behind CBD is not yet comprehended, as
    well as it remains rather of an enigma what influence the oil has on the
    human body, but people all over the world appear to be taking CBD Oil.
    There are numerous advantages to taking CBD Oil. People that struggle with severe types of medical
    disorders like radiation treatment, epilepsy, Crohn’s illness, as well
    as much more, have located alleviation using this substance.

    Here are a few reasons why CBD Oil is coming to be so prominent throughout the
    world.

    my web page; CBD oil UK

     
    Reply
  42. best CBD oils UK

    Cannabidiol, or CBD as it is understood in the medical world, is a vital active ingredient in several natural
    supplements and cancer cells battling pharmaceuticals.
    It has actually been shown to lessen the indications of
    the side effects of chemotherapy in both animals
    and also human beings. While it is not yet
    accepted by the FDA as a prescription medicine, it is still being researched for potential clinical usages.
    So what is CBD oil and why is it so unique? In this write-up we will certainly
    take a more detailed look at the advantages of CBD oil
    as well as where to purchase it from.

    Also visit my blog post … best CBD oils UK

     
    Reply
  43. sildenafil cost

    I happen to be writing to make you understand what a wonderful experience our princess went through visiting yuor web blog. She realized too many things, with the inclusion of what it is like to possess an incredible teaching style to make the rest without problems understand various very confusing topics. You undoubtedly surpassed visitors’ expected results. Thanks for supplying those warm and helpful, trustworthy, revealing not to mention unique tips on your topic to Tanya.

     
    Reply
  44. CBD oils UK

    CBD or Cannabidiol is a substance extracted from the cannabis plant, which has some amazing medical buildings.
    Scientific studies have revealed that CBD
    is a powerful anti-inflammatory, with the possible to reduce the threat of heart problem, epilepsy and
    also also arthritis. Nevertheless, this remarkable compound has actually created much conversation concerning its possible
    use as a reliable therapy for depression and also stress and anxiety, especially in children.
    CBD is thought to have amazing anti-psychotic and sedative effects, but
    there are some controversial claims. Several think that CBD might be helpful for some people, but its not
    appropriate for everybody; it ought to only be used under the recommendations of a wellness expert.

    Feel free to surf to my webpage :: CBD oils UK

     
    Reply
  45. best CBD oil in UK

    CBD is Cannabidiol, a substance originated from the cannabis plant.

    As a matter of fact, it has been made use of in U.S. for quite time now and also has actually come to be a
    subject of conversation in numerous nations around
    the world. When utilized or consumed, the material has some unpleasant side impacts, which makes
    it an unsuitable solution for those who endure from epilepsy.
    The seizures caused by this problem are typically fatal and also the individuals are
    under constant guidance of an epilepsy registered nurse, who determines what dosage of CBD oil need to be provided to the person based
    on his neurological history and also existing
    clinical condition. Actually, CBD is additionally a key compound in the treatment of Parkinson’s illness and also is made use of in differing percentages relying on how fast the
    seizures are taking place and the level of brain damage the
    people have suffered.

    my homepage: best CBD oil in UK

     
    Reply
  46. CBD oil UK

    Cannabidiol or CBD oil is a fantastic little plant that has
    been made use of in Africa for centuries. It is
    the most effective marijuana yet has extremely little
    THC, which is the compound that is found in marijuana. This amazing little plant has actually obtained a lot of popularity
    over the previous number of years as well as is currently obtaining even more locations as people are starting to recognize its recovery residential or commercial
    properties. There are no well-known adverse effects from utilizing this
    oil and there are just a couple of minor adverse things that
    may happen if you take it orally like if you have high blood
    pressure or ulcers. If you intend to take CBD oil, you must understand that it is thought about an Arrange II medication, which suggests that you need a prescription for
    it.

    my homepage CBD oil UK

     
    Reply
  47. CBD oil UK

    Cannabidiol, or CBD as it is recognized scientifically,
    is an important active ingredient in several medical marijuana supplements.
    Actually, it is estimated that the vast majority of active components in today’s industrial marijuana supplements
    are included CBD. This is surprising because when you think of it, CBD is not actually a “marijuana” component in any
    way. Rather, it is a plant component that has been found to be very helpful in the context of particular clinical problems such as chronic pain,
    queasiness, seizures, clinical depression, stress and anxiety,
    as well as queasiness. To today, the CBD is the only approved
    prescription drug in the United States that is only derived from plants.

    My web page :: CBD oil UK

     
    Reply
  48. finasteride prices

    I happen to be writing to make you understand what a terrific experience our princess undergone visiting yuor web blog. She picked up so many pieces, which included what it is like to possess an excellent helping spirit to let other people with no trouble learn specific specialized things. You truly surpassed readers’ expected results. Thank you for providing these priceless, trusted, informative as well as fun tips about this topic to Lizeth.

     
    Reply
  49. ARIPIPRAZOLE buy

    I am just writing to make you understand what a perfect experience my wife’s girl obtained using your webblog. She noticed so many pieces, which included what it is like to possess an excellent helping spirit to let other people with no trouble learn specific specialized things. You truly surpassed readers’ expected results. Thank you for providing these priceless, trusted, informative as well as fun tips about this topic to Lizeth.

     
    Reply
  50. fluvoxamine prices

    I happen to be writing to make you understand what a terrific experience our princess went through visiting yuor web blog. She realized such a lot of things, with the inclusion of what it is like to possess an incredible teaching style to make the others without hassle thoroughly grasp various tricky topics. You undoubtedly surpassed visitors’ expected results. Thanks for showing those warm and friendly, trustworthy, revealing not to mention unique tips on your topic to Sandra.

     
    Reply
  51. ziprasidone buy

    My wife and i have been so more than happy when Louis managed to finish off his researching using the precious recommendations he made through your web site. It is now and again perplexing to simply happen to be making a gift of strategies which often some other people may have been trying to sell. Therefore we realize we need the writer to give thanks to for this. The specific illustrations you made, the straightforward web site navigation, the relationships you will make it easier to instill – it is most sensational, and it is letting our son in addition to us reckon that this subject is interesting, which is seriously pressing. Thanks for the whole lot!

     
    Reply
  52. Sheila Cochran

    It is appropriate time to make some plans for the future and
    it is time to be happy. I’ve read this post and if I could
    I wish to suggest you few interesting things or tips.
    Maybe you can write next articles referring to this article.
    I desire to read more things about it!

     
    Reply
  53. bupropion buy

    I am just writing to make you understand what a outstanding experience my wife’s girl obtained using your webblog. She noticed so many pieces, which included what it is like to possess an excellent helping spirit to let other people with no trouble learn specific specialized things. You truly surpassed readers’ expected results. Thank you for providing these priceless, trusted, informative as well as fun tips about this topic to Lizeth.

     
    Reply
  54. Michael Coronel

    I’ve been surfing online more than three hours today, yet I never found any interesting article like yours.

    It’s pretty worth enough for me. In my opinion, if all
    website owners and bloggers made good content as you did, the web will be a lot more useful than ever before.

     
    Reply
  55. Pingback: viagra drug for women

  56. Violet Moloney

    I have been surfing online more than 3 hours today, yet I never found any interesting article like yours.

    It’s pretty worth enough for me. In my view, if all web owners and bloggers made good content as you did,
    the net will be a lot more useful than ever before.

     
    Reply
  57. Pingback: cialis instruction

  58. Nina Humerickhouse

    One thing I have actually noticed is the fact there are plenty of common myths regarding the banking institutions intentions whenever talking about property foreclosures. One fairy tale in particular is the fact that the bank wishes to have your house. The lender wants your cash, not your property. They want the money they gave you together with interest. Preventing the bank is only going to draw a new foreclosed summary. Thanks for your write-up.

     
    Reply
  59. Pingback: viagra hard cock

  60. Roy Larkin

    I’ve learned quite a few important things by means of your post. I would also like to mention that there might be situation that you will get a loan and do not need a co-signer such as a Government Student Aid Loan. However, if you are getting a loan through a common creditor then you need to be able to have a cosigner ready to allow you to. The lenders can base their very own decision on the few variables but the largest will be your credit score. There are some loan companies that will as well look at your work history and make up your mind based on that but in most cases it will be based on on your scores.

     
    Reply
  61. Pingback: viagra without prescription

  62. golden goose sneakers

    I would like to get across my passion for your kindness in support of men and women that require help on this important question. Your special dedication to getting the message along appears to be particularly insightful and have in every case allowed associates like me to realize their targets. Your new invaluable report denotes this much a person like me and substantially more to my fellow workers. Warm regards; from all of us.

     
    Reply
  63. curry shoes

    I wanted to write a quick note so as to appreciate you for some of the stunning suggestions you are posting on this website. My particularly long internet search has finally been compensated with useful concept to go over with my guests. I would believe that many of us visitors are unquestionably endowed to be in a really good community with very many special people with interesting things. I feel pretty blessed to have encountered your entire web site and look forward to really more entertaining minutes reading here. Thanks once again for a lot of things.

     
    Reply
  64. Pingback: viagra without a doctor prescription cvs

  65. Pingback: viagra cialis from germany

  66. Pingback: what is cialis

  67. golden goose

    My spouse and i felt quite more than happy Michael could round up his survey through the entire precious recommendations he discovered through your web site. It’s not at all simplistic to simply find yourself giving for free guidance which often the rest might have been selling. We really grasp we now have the website owner to appreciate for that. All of the explanations you made, the simple site navigation, the relationships you can make it possible to instill – it’s got mostly excellent, and it’s assisting our son and our family reckon that that subject is entertaining, and that’s extraordinarily essential. Thank you for the whole lot!

     
    Reply
  68. supreme

    I wanted to write you that little remark just to thank you so much over again on the breathtaking suggestions you’ve provided above. It has been certainly remarkably generous of you to give easily what a few people could possibly have marketed as an e-book to end up making some profit on their own, most notably since you might well have tried it if you ever considered necessary. Those guidelines likewise worked to become great way to fully grasp that other people have the same fervor really like my own to learn very much more in terms of this issue. I am certain there are lots of more fun sessions up front for people who looked over your blog post.

     
    Reply
  69. Pingback: fast delivery cialis super active

  70. yeezy boost 350

    I really wanted to construct a brief word in order to say thanks to you for those magnificent secrets you are writing on this site. My particularly long internet research has at the end of the day been recognized with pleasant details to talk about with my good friends. I ‘d mention that we site visitors actually are unequivocally blessed to live in a magnificent network with many outstanding professionals with very beneficial strategies. I feel very lucky to have discovered your entire weblog and look forward to many more entertaining times reading here. Thank you again for everything.

     
    Reply
  71. pandora

    I’m also writing to let you be aware of of the amazing discovery my cousin’s child went through studying your web page. She realized so many pieces, which included what it’s like to possess a great teaching mood to let a number of people very easily completely grasp a number of problematic things. You actually surpassed my expectations. Thank you for offering the essential, trusted, educational not to mention unique tips on the topic to Kate.

     
    Reply
  72. balenciaga

    I’m just commenting to make you know what a extraordinary encounter my daughter went through checking your web page. She mastered lots of things, most notably what it is like to possess a marvelous giving style to let other people clearly master chosen advanced issues. You truly did more than our own expectations. I appreciate you for providing these practical, trusted, educational and as well as cool guidance on the topic to Evelyn.

     
    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *