Dawsons Rugby Update Blog

Our Dawsons Welsh Update of the Rugby Six Nations Championship

Thank you to David Parton, the manager of our Killay office, for keeping us entertained throughout the 2019 Six Nations Championship.

WE WON.  YAY!

Match Update Wales v Ireland Sat 16th March:

Good Morning,

The Hangover is still heavy after we won THE GRAND SLAM 2019!!! I’m sure all of Wales feels the same!?!

An awesome performance to finish an entertaining tournament!

Wales scored just after a minute through a lovely chip from ‘Man of the Match’ Gareth Anscombe for the impressive Hadleigh Parkes to catch and touch down! 7-0 just after 2 minutes of play and that seemed to set the tone!! We lost George North within the first 10 minutes, which meant juggling the line up with Dan Bigger coming on and Anscombe going to full back and Liam Williams shifting to the wing. 

Fast forward to 77 minutes and Wales are 25-0 up!!! Wales kept with Anscombe kicking the goals and were rewarded with him landing all 20 points other than the try scored! Ireland battered at the Welsh defence and it wasn’t until the 80th minute they broke it down to make the final score 25-7. Wow!!! Dream Land! 

Captain Marvel, Alun Wyn Jones
Photo courtesy of The Daily Mail

Images of all the team will live long in the memory but for me the sight of Captain Marvel, Alun Wyn Jones, giving his jacket to the 7 year old (shivering) Mascot during the National Anthems and then lifting the cup knowing he has now won 3 Grand Slams are up there with some of my favourite memories of watching rugby.  Awesome!

A very proud Welshman and rugby fan is very happy this Monday morning!

Cymru am Byth!!

Match Update Scotland v Wales Sat 9th March:

Here are this Welsh rugby fan’s thoughts from Saturday:

The old cliche of “game of two halves” has been bandied around quite a bit from my friends since Saturday!

Wales looked every bit the part as they picked Scotland apart during the first half of the game Saturday. Clinical and ruthless in attack. Almost bullying in the collisions. As a Welsh fan a joy to watch! Two tries from the impressive Josh Adams and the ever dependable Jonathan Davies resulted in us going in half time up 15-6.

Excellent. In the bag. Same again second half please boys!! 

The Scots had other ideas and came out a different animal! Playing heads up rugby and taking the game to the Welsh. A frantic pace and open style which Wales had to battle hard to keep up with. The Blues kept the ball and battered against what is arguably the best defensive team in the world. Which, in my very humble opinion, were outstanding to a man during the second 40 minutes! At one stage we drove the Scots back 20 yards with aggressive defence. 

Scotland did manage to break through once and scored a well-worked try from an inside (forward!) pass. 

It made for tense watching and Wales could have lost – but – this is what fills me with hope, we didn’t lose. Wales fronted up and won the match 18-11. As coach Gatland said we have the winning bug! We are used to winning. 1 more next week and the party REALLY starts!!

Ireland beat an average French side comfortably but I don’t think showing anything that Wales need fear. England looked very strong against the Italians and are still very much in the hunt for the Championship.

I for one cannot wait to watch 3 matches next Saturday – if I remember the last game depends very much on the Welsh result!!

Cymru Am Byth!!

Match Update Wales v England Sat 23rd February:

Happiness in Hamburg!!

When you’re asked to go on one of your best mates Stag Dos the weekend of Wales v England you assume it will be in Cardiff … or local … or at least somewhere in England? So when I was asked for the cash to book our transport and hotel in Hamburg by the Best Man, it was a bit of a worry??? Germany is not known for being huge rugby fans!?! 

This added to the concern of England looking like world beaters during the first two rounds of the tournament! Wales having underperformed, yet still ground out 2 wins, didn’t fill me with confidence, yet I didn’t lose my hope that we could do it against the Old Enemy!

Anyway, we arrived in Hamburg on Thursday and got the lay of the land, found a little Irish Bar who agreed to show us the game on Saturday. YES!! Phew!!! Sorted.

Game Day and the nerves were there, although a little under control from the (medicinal) alcohol consumed!   Kick off and both teams looked strong. Wales had clearly stepped up a level but England still took an early lead and went in ahead at half time after a soft try given away by a lapse in concentration by the Welsh pack at a ruck in their own 22.

The second half kicked off and Wales looked stronger from the off and inched ahead. Some tactical substitutions were made and these were the telling factor! Dan Bigger kicking his goals and then a great cross field kick for Josh Adams to collect wonderfully and touch down in the right corner. The conversion attempt missed but Wales were now in a commanding position with only minutes left to play.

Wales held on and WON 21-13. Local ex-Waunarlwydd player Liam Williams secured Man of the Match but for this rugby fan, the stand out player was Mumbles man Alun Wyn Jones – what a player!!!

Next up is Scotland away in 2 weekends time and then Ireland home on the 16th. Two very tough fixtures to finish off but I still believe! The Grand Slam dream continues this World Cup Year!! 

Cymru am Byth!!!

Match Update Italy v Wales Sat 9th February:

A wins a win! I think that’s the best we can say after that performance!? 

Two wins away from home to start the Six Nations Championship against France and Italy which takes us up to a record 11 wins in a row! 

This now sets up a mouthwatering encounter with a very strong looking English team at Home in a fortnights time! England thumped France this week in Twickenham! Wales will need to improve to be in with a chance of competing with them! 

It will be a top of the table clash, with England being just ahead of Wales on Points. Both teams will be determined to win to continue their unbeaten run in the competition and keep the Grand Slam dream alive!

I’m not worried! You’re worried! Shut up!! 

Cymru am Byth!!!”

David is the manager of the Dawsons Killay office

David Parton, Branch Manager Killay Office

 

A bit of History:

The Six Nations is a historic tournament dating back to 1883 when Wales, England, Scotland and Ireland hosted their own ‘Home Nations Championship’. The format we know today was formed in 2000 with the addition of Italy (with France being part of proceedings since 1910).

This year’s tournament is the 19th edition of the modern format and after the 1st round of matches, the favourites and holders (Ireland) are no longer in contention for the Grand Slam. In recent years the title has been won by either Ireland or England however Wales are now in contention with an impressive 24-19 victory away to France in the opening round. This year’s tournament is particularly important as the Rugby Union World Cup takes place at the back end of the year.

Match Schedule February / March 2019:

  • Fri 1st: France v Wales 8.00pm
  • Sat 2nd: Scotland v Italy 2.15pm
  • Sat 2nd: Ireland v England 4.45pm
  • Sat 9th: Scotland v Ireland 2.15pm
  • Sat 9th: Italy v Wales 4.45pm
  • Sun 10th: England v France 3.00pm
  • Sat 23rd: France v Scotland 2.15pm
  • Sat 23rd: Wales v England 4.45pm
  • Sun 24th: Italy v Ireland, 3.00pm March
  • Sat 9th: Scotland v Wales 2.15pm
  • Sat 9th: England v Italy 4.45pm
  • Sun 10th: Ireland v France, 3.00pm
  • Sat 16th: Italy v France 12.30pm
  • Sat 16th: Wales v Ireland 2.45pm
  • Sat 16th: England v Scotland, 5.00pm
MEMORANDUM OF AGREEMENT Dated this WHEREBY it is agreed by and between the Landlord * and the Tenants * in respect of the Premises situate at and known as * that the Tenancy hereinbefore created on * shall be extended for a further term commencing on and including * and teminating on and including * on the same terms and conditions as contained in the existing tenancy agreement (save that the rent shall be £ per calendar month) (save that the Landlord may at any time give not less than two months notice to the Tenant to terminate the tenancy and the Tenant may at any time give one months notice to the Landlord to terminate the tenancy and for the avoidance of doubt such notice may expire during or at the end of a rental period) SIGNED Tenant …………………… Tenant ……………………….. (By)(For and on behalf of) the (Landlord)(Tenant) Signed…………………………………………………………………… IN THE PRESENCE OF Witness Signature ……………………………………………….. Name and Address ………………………………………………………………. ………………………………………………………………. Occupation ………………………………………………

March Newsletter

Community News:

Llanelli’s Matthew Whitehead run his first half marathon in aid of a fellow staff member:

Matthew Whitehead ran the Llanelli half marathon in aid of a sick colleague at Dawsons

Our very own Matthew Whitehead decided to take up running in 2018 and signed himself up for the Llanelli half marathon, which is a tough goal for a regular runner let alone a beginner.

With this in mind, Matthew wanted to run to raise funds for something worthwhile.  Last year Sam James of our Mumbles lettings office was diagnosed with breast cancer only weeks after discovering she was pregnant with her first child.  As a company we decided to give Sam the financial support she would need to be able to recover and enjoy her maternity alongside her partner Luke by fundraising as much as possible. Now baby Maiya is here and is a beautiful, healthy little lady, and Sam herself is also doing so well with her treatments and remaining positive.  As Sam’s recovery is not over yet we are still looking to raise what we can for her with further fundraisers planned through the year.  If you would like to donate or help fundraise please let us know.

Industry News:

Keeping learning local but global, introducing Dawsons Training Wales:

landlord training wales by Dawsons Property

As most of us in the property industry will know, a regulation was introduced in Wales which applies to all landlords and agents of private residential property. The regulations became enforceable by Rent Smart Wales (RSW) in November 2016, requiring landlords and agents to comply with the new legislation, licensing those who deal with letting and management activities of properties within the private rented sector throughout Wales.

To obtain a license both landlords and agents have to undergo training from a Rent Smart Wales (RSW) approved trainer.  This training can be classroom or online based.  As a local agency discovered when looking to train new staff, the online course is extremely accessible and suited to an agents working environment, as part of this busy fast moving life we all lead.

With the increase in purchases online in recent years and the now daily use of PayPal for most, the need for a safe, quick and easy transaction at any time of day or night, outside of the usual business hours has become the norm.

There are many bonuses to completing an online training course, with the main benefit being the opportunity to complete the course from any part of the world in your own time, at your own pace.  With online courses being easily accessible to all with the click of a button, it makes sense to learn at your leisure.

With this in mind Dawsons Training Wales was born in January 2019.  Having acquired a former training provider (A19), Dawsons Training Wales has been set up to ensure the ease of online training for landlords and agents remained available from a local business provider.

The learning portal, designed by Picselli a Swansea based web design company, with the assistance and approval of RSW is one of the most up to date approved online course’s available.  At an affordable, and competitive cost for both landlords and agents to complete the course, Dawsons Training Wales has become a success since its birth.

With an easy-to-access website, office hours helpline and around the clock email response, Dawsons Training Wales is very much the ideal training tool for all those requiring an RSW license.

Contact our team on 01792 633270 or visit  WWW.DAWSONSTRAININGWALES.CO.UK for more information.

Top Tips:

Donate your parking space Dawsons Blog

Sacrifice your parking space
If your home comes with an allocated parking space, leave it free for prospective buyers/renters to use. It’s convenient and offers an experience that’s closer to the reality of what it’s like to live in your home.

Auction News:

 auction success for Dawsons in Swansea

From Auction Negotiator Callum Thomas: 

“What a fantastic start to 2019 from the auction department. Having sold 10 properties in the first auction of the year. The high flyer was 15 B+C Trewyddfa Terrace which achieved £81,000 off of a £55,000 Guide Price. We have 15 properties, at the time of writing, all ready for April’s auction which is on the 17th so be sure to keep an eye out for those. We have created a real property network at our auctions now with building suppliers, surveyors, solicitors and rentals professionals there on the day. If you are interested in buying or selling with auction please do not hesitate to call us on 01792 478904.”

F&C Focus:

95 Pentre Nicklaus, Machynys, Llanelli

Machynys LlanelliFor Sale £575,000

This truly wonderful four bedroom family home is superbly positioned on the edge of Machynys Golf Course, boasting incredible panoramic views across the lake, golf course and towards the estuary. Located in the award-winning Pentre Nicklaus village, with palm tree-lined streets and authentic timber clad New England style houses. With the vast open plan living accommodation on the first floor, making the most of the panoramic views.

Business Link:

Introducing

richard savage photography logo 2019

‘Wedding and Lifestyle Photographer’

www.richardsavage.co.uk

Instagram: richsavagephotographyrichsavagephotography

Contact:  07817596189

Careers @ Dawsons

WE ARE HIRING

Are you considering a career in Estate Agency, Property Management or Surveying?


Visit our website for current vacancies:

http://www.dawsonsproperty.co.uk/career.php

Reward Card:

Dawsons Property have an exclusive reward card for their clients in Swansea

Ask a member of our team for information on how to get one of our exclusive Reward cards providing you with discounts and offers in many local companies throughout Swansea & Llanelli.

DJW Restoration are one of our newest Reward Card Partners for getting your home back into ship-shape condition.

RAN update: 

Relocation Across The Nation from Dawsons Property

“Relocation Across the Nation”

Relocation Agent Network together with their partner agents was eager to share the love on Valentine’s Day by focusing and helping our clients with their relocation needs across the UK.  It provides us with a great opportunity to identify those clients either looking to move into our area and equally those moving out by referring them to one of our partner agents, handpicked by RAN for our outstanding customer service.

Here at Dawsons, we have at least one accredited Relocation Specialist working out of each of our branches who will provide all the help and support needed with a proposed relocation which can be quite daunting, especially when it comes to choosing the best areas, schooling, etc.

So Valentines Day saw every agent partnered with RAN across the UK,  tweeting, posting and sharing the love ……#weheartrelocation

Relocation Across The Nation from Dawsons Property

Mortgage Advice Bureau (MAB) update: 

Dawsons had 4 branches in the top 13 of the UK’s best agents in February for referrals to our financial services team.  You can contact our financial experts on the link:  

Dawsons Financial Services

Looking for student accommdation in Swansea

Find your student digs with Dawsons

Hoorah, you are coming to Swansea University!

We have a fabulous student accommodation block, literally in the HEART of Swansea.

Dawsons student accommodation in the heart of Swansea

As you come out of the front door of Park Buildings, turn right and we’ll take you along your route to campus.

Let’s go for a tour…

PARK BUILDINGS SWANSEA STUDENT ACCOMMODATION
Choose Park Buildings

 

Out our your front door, turn right >>>

Pizza Express BW

Fill up with a Pizza from Pizza Express

pizza express food

Or a burger?  Oh look there’s Five Guys

fiveguys

five Guys Burger

Perfect!

turtle bay BWCocktails at Turtle Bay?

turtle Bay cocktAILS

Mondays, Wednesdays & Thursdays let’s pick the Slug & Lettuce, offers for cocktail, wine or gin lovers

slug & lettuce BW

wine down wednesday

tanqueray thursdays

imager

And on the weekend, it’s party time at Walkabout!

WALKABOUT BW

drinking students

So if you are coming to Swansea, to study hard, pick the best student accommodation and be right in the middle of the action!

Swansea University Freshers Fayre 2018

Contact us today to arrange your viewing of Park Buildings in Swansea here or call us now on ☎︎ 01792 301000

Dawsons supporting Period Poverty UK for Swansea Schoolgirls

Period Poverty, what it is and what can be done?

Period Poverty has a very low profile, yet it causes a huge impact on a girl’s school attendance, affecting education and causing mental health issues due to the stigma attached to menstruation.

Today, we know that 48% of girls aged 14-21 have been made to feel embarrassed by their periods, while 71% have felt embarrassed buying sanitary products.  It is estimated about 137,000 girls in the UK will miss school each year because of a lack of sanitary products or access to them. Feminine hygiene costs approx. £400 per female per annum and many young girls or their families cannot afford this expense.

More than two-thirds of women have had to use improvised menstrual protection at some point, while 51% of women have either suffered from period poverty or know someone who has.

Period poverty is set to be a key theme in International Women’s Day celebrations on Friday, March 8.

What can be done?

Firstly, talking about periods, and ending the taboos that surround them, means we can better equip every girl with the products and information she needs to manage her periods effectively, without shame or embarrassment.  This is something that every girl growing up in the 21st century doesn’t just deserve, but should be able to expect.

On top of that, we can help to ensure that all of the local senior schools have a supply of free sanitary products to hand out to those in need.  To this end, we have decided to use all of our Dawsons offices as Donation Points and we urge you to give us help with a cause, which simply does not get talked about.

Our aim is for all of the Dawsons Office to collect feminine hygiene products throughout March and all products collected will be distributed to local comprehensive schools by our staff.

Drop in products up until March 31st 2019

Items needed:

Collection of Sanitary Products for Senior Schools in Swansea
Photo courtesy of The Red Box Project

Sanitary pads, tampons and panty-liners of all shapes and sizes, please.  Along with plain cotton briefs, opaque black or navy tights, deodorants and wet wipes.

#EndPeriodPoverty
#CommunityKindnessMatters
#Swansea #nogirlshouldgowithout

 

If you can donate but are unable to call into an office, please consider using an online delivery service and placing your order to be sent to our MUMBLES office:

Dawsons Estate Agents:

77 Newton Road
Mumbles
Swansea
SA3 4BN

Tel: 01792 367301

Email: mu@dawsonsproperty.co.uk

Opening Hours:

Monday – Friday from 9.00 a.m to 5.30 p.m

Saturday – 9.00 a.m to 4.00 p.m.

Sunday – Closed

Dawsons Property Auctions Swansea

Top tips on what to do before bidding at Auction

It is so important to do your due diligence before you take the plunge and bid at an auction, so here are some top tips from our Auction Company EIG:

When considering purchasing a particular property at auction it is essential that you prepare by doing your due diligence research in advance. It is your responsibility to be completely satisfied with the property before the auction so you can make an educated decision whether to bid for the property or not and what your maximum bid would be.

Doing your due diligence includes:

  • Viewing the property
  • Ascertaining the likely sale price
  • Reading the legal pack

Then, if it is a property you wish to pursue it is prudent to:

  • Instruct a property survey
  • Ask your solicitor to review the legal pack
  • Viewing a property

It is important to view every property you are interested in prior to the auction.  Contact the auctioneer to arrange the viewing which may be arranged as fixed time slots for group viewings (open house viewings) or individually arranged.

It may be useful at this point to bring an experienced builder or knowledgeable friend with you to the property who can spot any potential problems that would need to be included in your financial calculations or may mean the property is no longer of interest to you.

When looking at buying any property it is advisable to view it at least twice, during the daytime and at night which may be just a ‘drive by’ viewing.  The plans and photographs published in the catalogue are there to aid identification of the property only, the plans may not be to scale so you need to verify them.

What to take to a property viewing:

  • Camera
  • Tape measure (preferably a laser as much quicker especially if viewing is busy)
  • Notepad or iPad
  • Torch
  • Binoculars (to check roof, gutter and chimney)
  • Portable ladder (to access loft space)
  • Suitable footwear (you may need to climb!)
  • Contact details of the auctioneer and research notes for further investigation in the area e.g. an unidentified building(Important #: Don’t forget to follow up and ask questions that arise from the viewing)

Points to evaluate:

  • Leasehold or freehold property, any additional ground rent or service charges?
  • Parking, garden, access and property boundaries?
  • Neighbours, traffic and noise?
  • Nearest shops and public transport?
  • Heating, insulation, plumbing, electrics?
  • Council tax band, energy efficiency rating?
  • Any structural issues or recent extensions?
  • Vacant or tenanted and history of the property?

Viewing in an unfamiliar area?

If an area is new to you, speak to the auctioneer and ask as many questions as you can.  It is also advisable to look online at crime sites, google the address and street, using some of the best online platforms, for example:

  • www.checkmystreet.co.uk – average rentals
  • www.streetcheck.co.uk – nearest schools
  • www.checkmyarea.com – area profile
  • www.police.uk – crime rate
  • www.rightmove.co.uk – for rental and sales prices
  • www.gov.uk/find-government-property – find government owned property
  • www.gov.uk/private-renting – private renting

Still interested?

If you decide that you are still interested in the property after viewing it, then now is the time to contact your solicitor and arrange a property survey in advance of the auction.

Dawsons Auctions powered by the Essential Information Group

Article Written By Beth Fox

 

 

See what is coming up for sale in this week’s Swansea Auction by clicking here

https://www.dawsonsproperty.co.uk/auctions.php

The Marriott Hotel, Swansea Marina
Wednesday 27th February 2019
Start time – 3pm

leon starts his journey at Swansea Pride

Dawsons Estate Agents Support Pride 2019

When approached by Jermin productions, the hosts of this years Swansea Pride 2019, Dawsons were delighted to support the event.

2019-LOGO-ENG-01 HitsTheDancefloor Logo

Chris Hope (senior partner) commented:

“Being a locally owned business in Swansea we can see the benefits such large events bring to our city, and as a vibrant coastal city of culture, we should be embracing equality and diversity at all times.  The event will bring joy, colour and celebs aplenty to the city in May and we will most certainly be promoting, supporting and attending the events ourselves.”

Dawsons will be sponsoring the glitterball trophy in the dance competition at the Brangwyn Hall which will kick off the week-long event on 2nd May 2019.  Dawsons even have a member of staff competing in the competition, their very own Leon Atolagbe of the Marina Lettings team, eagerly volunteered himself for the competition when Mark Jermin out a plea for further entrants.  Leon is a DJ by night and Letting agent by day.  The competition will be full of glitz and glamour and will see famous Swansea faces competing against Leon and his co-dance partner Lee Heaven, also  DJ.  Leon and Lee will be choreographed by Olivia of Olivia’s Rhythmic Gymnastics club.

Olivia School of Rhythmic Gymnastics Swansea

Leon Atolagbe of our Marina Lettings Team will be taking part in this year’s glitterball event at the Brangwyn Hall

“Deciding to take part in this great activity was an easy decision. I believe strongly in diversity and equality. Coming from a mixed-race background myself, I know understand the importance of highlighting differences. I keen to get working on perfecting our routine and music, along with getting into the spirit of all that pride has to offer.”

LEON STARTS HIS DANCDE JOURNEY FOR SWANSEA PRIDE 2019
Lee (left) Leon (right) and their choreographer for the dance competition, Olivia Davies

Other Dawsons staff will also be seen taking part in the week-long event, some with their own dance classes, some in the colour run.

You will hopefully see the new Dawsons brightly coloured car in and around Swansea promoting Pride 2019 in the weeks leading up to the event, which has been kindly wrapped by Hansign designs in Llansamlet, who produce all of Dawson’s current colourful fleet of cars.

Dawsons sponsor the Glitter Ball at Swansea Pride 2019 Dance Competition
Dawsons sponsor the Glitter Ball at Swansea Pride 2019 Dance Competition

 

For more information on events taking place during Swansea Pride click here and for tickets click below:

Swansea Pride Hits the Dance Floor 

Thursday, 2 May 2019 from 18:45-23:00

Tickets · £18-£25

Dawsons Welsh Competition to Celebrate St David's Day

Celebrate St David’s Day with our Welsh Competition

COMPETITION WINNER 1ST MARCH,

ST DAVID’S DAY

Competition now closed

 

All answers at the bottom of the page!

Congratulations to

** AMANDA MORGANS **

Amanda Morgans wins the signed rugby shirt in the Dawsons Welsh CompetitionEach day you will see a Welsh Question on our Facebook Page

Dawsons Welsh Competition 2019If you want to enter the competition and be in for a chance to win this signed Welsh 7’s Rugby Jersey you can answer one question or all of the questions, or any amount in-between.  You will be entered into our competition draw for each of the questions you answer correctly, so you could have 7 chances to win… SO LONG AS…

1.  YOU HAVE LIKED & FOLLOWED OUR PAGE

(To clarify, because often people get this part wrong, you need to like the PAGE not the POST but you do have to share the POST.)

2. YOU HAVE SHARED ALL OF THE POSTS THAT YOU ANSWER

(If you only share one but answer more, you will only be entered into the hat once.)

** SPOILERS AHEAD **

ANSWERS TO THE QUIZ

DAY ONE:  GAVIN HENSON

DAY TWO:  MOUNTAIN ASH

DAY THREE:  RICHIE PUGH

DAY FOUR:  MAE HEN WLAD FY NHADAU FYN ANNWYL I MI

DAY FIVE:  21%

DAY SIX: DAVID NASH

DAY SEVEN:  BANKSY

If you have any questions please send us a direct message on Facebook.  The terms and conditions of our Facebook competitions can be read here.

https://www.facebook.com/DawsonsPropertySwansea/

CLICK THE FACEBOOK LOGO TO GO DIRECT TO OUR PAGE TO PLAY!

Can a crystal ball help us to forecast the affect of Brexit on the UK property market

A deeper look into the crystal ball of mortgages

At present, the 5-year fixed rate mortgage is much lower than this time in 2018, not only in the residential market but also in the buy to let arena too. In contrast to this, there has been a ‘creeping rise’ in 2-year and tracker products.

For the residential mortgage market, the often-mooted comparison is between the 2-year or 5-year deals. Historically a 5-year deal would cost a certain percentage more and whilst this remains true for some lenders, many have adjusted their medium-term plans for lending, bringing their 5-year products far closer to parity with the 2-year fixed.

Property Master, a digital platform that uses algorithms to match the requirements of individual private landlords against the entire BTL mortgage market, says that it is 5-year fixed rate mortgages where the price falls can be seen most clearly.

The platform’s monthly ‘Mortgage Tracker’, which follows the costs of a range of BTL mortgage products for an interest-only loan of £150,000 shows 5-year fixed rate offers for 50, 65 and 75 per cent of the value of a property are all down year-on-year.

Savings for each of these mortgages for individual landlord borrowers respectively are £8, £29 and £21 per month.

The cost of many 2-year fixed rates was up year on year. Tracker deals, historically lower than fixed-rate deals are generally up (year on year) too.

But why?

Lenders seem to be speculating about the short-term future of interest rates, paying close attention to the ongoing ‘Punch and Judy’ show between the UK and the EU, imaginatively titled: Brexit.

While the official economic forecast predicts a period of slowing growth, it is also difficult to predict what could happen with interest rates. Some believe that a spike in the cost of goods could trigger an increase in the bank of England base rate to curb spending. Others believe that ‘false inflation’ could be softened by a reduction in the base rate. Quantitative easing is another action which could be employed to aid the economy in times of need. Any of these outcomes could mean a change in the cost of wholesale lending for banks.

The lending strategy is often underpinned by speculation in the market, and with the next 12-24 months being hard to predict, my guess is that banks would prefer their mortgage holders to have medium to long term deals. This provides the bank with the security of a medium-term contract, allowing them to make medium-term plans, set to be reviewed following the turbulence of Brexit if the Brexit process ever ends…

There has also been a rise in popularity for longer-term fixed rates such as 7- and 10-year deals, with popularity leading to competitive rates, many are opting for the ‘longer, longer’ fixed rate.

If you would like to review your current mortgage or are thinking of purchasing a new home for yourself or to invest in property, interest rates are currently quite attractive and there are many options. Speak to one of our advisors.

James Boland

Managing Director

Morgans McGrath, in partnership with Dawsons financial services.

landlord training wales by Dawsons Property

LANDLORD TRAINING WALES

Landlord Training Wales offered by Dawsons Property

It is a legal requirement for anyone who owns a rented property in Wales, to register with the Government regulator, Rent Smart Wales.

All landlords and letting agents who deal with management duties and tenants must also be licensed under the Rent Smart Wales regulation which became enforceable in October 2016.

To obtain a license you will need to undergo training by an approved training provider. Which is where we can assist.

landlord training wales by Dawsons Property

We offer both landlord and agent training courses at affordable rates. Landlord Training Wales is the most convenient and painless way to complete your Rent Smart Wales training. We want to make sure that your experience is as smooth as possible.

Visit our website and start your training today!

Continue reading

Dawsons announce the Matrix Deal

Dawsons Commercial and the Matrix Deal

Employed on a joint-agency basis with Savills, Dawsons have recently acted in the commercial letting of the well known Matrix One building, in Swansea Enterprise Park.

Dawsons announce the Matrix Deal

The Grade A office space offered Tenants c. 30,000 sqft of useable space with the Enterprise Park attracting national and international companies alike. Over two lettings, deals were agreed for a combined 25,000 sqft and this indicates that demand for high-quality office space within Swansea is present. Both lettings were agreed with well-known businesses and further interest still presented itself even after the deals were agreed. The Welsh Ambulance Service NHS Trust and the New Zealand Manuka Group have agreed new 10 year leases at the property. The ambulance trust will occupy the ground and part first floor with the New Zealand Manuka Group taking the second floor.

Gary Carver, director in the business space team at Savills Cardiff, comments: “We are delighted to have secured two new tenants at Matrix One. The building provides high-quality space with excellent parking. As a result of the lettings the property now only has one suite left on the first floor.”
Matthew Mason, associate with Dawsons in Swansea, comments. “These are significant and high profile lettings within the Swansea office market and it goes to show there is demand for high-quality space such as that at Matrix One. We now hope this will be the stimulus to attract a further high profile tenant to occupy the only remaining suite within the building”.

Dawsons announce the Matrix Deal

With the Swansea Bay City Region deal of £500 million aiming to transform the region into a digital super-hub, building on the strengths of the local universities, there is no better time to relocate your tech business to Swansea.

Speak to one of our Surveyors in our Commercial Department today for tailored advice on your next property acquisition.

Commercial Department

Address:
11 Walter Road,
Swansea,
SA1 5NF

Telephone:  01792 478908

eMail: sw@dawsonsproperty.co.uk

Swansea & south Wales estate agents blog