Tag Archives: mortgage

Dawsons April 2019 Newsletter

May Newsletter 2019

Community:

We are thrilled to have collected sanitary products to help support girls in our local comprehensive schools under the “Period Poverty” campaign! Thank you to everyone who contributed, it is greatly appreciated by Dawsons and, of course, the local schools.

Period Poverty collection for local schools from Dawsons Property
Beth & Nicky proud of their ‘period poverty’ collection for local schoolgirls

Industry News:

Dawsons Property has announced the acquisition of the ‘We Will Homes’ property portfolio, that had previously been managed from their central offices based at Orchard Street, Swansea.

The acquisition sees two well established, local and trusted companies working together with the intention of enhancing the customer experience and professional services to clients within the city.

This has been a seamless transition as a result of much preparation, ensuring that the `We Will Homes` clients were unaffected by the change of agent and that they were being guided and supported through every step of the process.

Dawsons Property have acquired We Will Homes in Swansea

Top Tips:

Now that Spring is here and the weather is getting warmer gardens are starting to come back to life. Remember to weed the patio, trim that out of control hedge and cut the grass.  Basically, make the garden look manageable because a well-presented garden will be one less job for a prospective purchaser.

Top Sales Tips from Dawsons Property Swansea

Auction News:

The auction market in Swansea is booming currently. We had a total of 24 properties for Aprils auction with 16 already (at the time of writing) for June’s auction. If you have a surplus property, if you are working to a short timescale, if you want to take the stress away from selling then you need to call our auction department on 01792 478904. We will give you the platform you need in order to sell your property.

Dawsons Property Auction April 2019

Dawsons Auction going, going, GONE!

F & C Property Focus:

Dawsons Fine & Country are selling Mumbles Hill House Mumbles Hill House, Mumbles, Swansea

For Sale £1,500,000

Mumbles Hill House is a truly amazing and extremely rare opportunity, to acquire a property where it’s outstanding position and incredible views are unparalleled. Set in approximately 1.43 acres of grounds, the existing house is nestled amongst mature trees and woodland, overlooking the totally breathtaking, triple aspect sea views. Here you have the option to completely renovate the existing substantial, detached house. Or completely redevelop, to build your dream home, subject to the necessary planning consents. This truly is a once in a lifetime opportunity.

Business Link:

Gomer Williams are April's business link company with Dawsons PropertyGomer Williams is part way through a very exciting year for the business. Not only are they celebrating their 100-year centenary but their Pontarddulais branch office is celebrating its first year anniversary! Kate Clarke who one of the directors says “To mark the occasion, we are excited to be hosting a charity race day at Ffos Las on Sunday 15th September in aid of our charity partner of the year, Maggies cancer centre Swansea. Tickets and tables still available.”

With a sterling reputation for customer service and with Juliet Phillips-James the award-winning Welsh Businesswoman of the Year 2019 (less than 50 employees) at the helm, the firm continues to go from strength to strength. There are strategic plans for future growth and business development and team are excited to make new connections.

Gomer Williams are April's business link company with Dawsons Property
Juliet Phillips-James Owner of Gomer Williams & Welsh Businesswoman of the Year 2019

Careers @ Dawsons:

WE ARE HIRING

Are you considering a career in Estate Agency, Property Management or Surveying, check this link for our current vacancies

A career at Dawsons Property Swansea

Reward Card:

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

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

Relocation Agent Network:

DOUBLE CELEBRATIONS FOR APRIL……

Sam and Kelly have passed the tests to become our 2 most recent Relocation Specialists

Dawsons are Swansea's Relocation Agent Specialists
Sam Singh & Kelly Israel are accredited Relocation Agent Network Specialists in our Dawson’s Mumbles Office

Both based in our Mumbles branch,  Sam Singh (LHS) is one of our most experienced and knowledgeable Property Consultants and spends the majority of her time passing on her vast knowledge in providing market appraisals to our valued clients, when not in work you may find her running the odd ‘marathon’ or two.

Kelly Israel is one of our highly regarded negotiators and knows all about the importance of customer service and takes pride in delivering excellence every time.  Kelly loves cooking and you will often find her providing a feast for her team.

Relocating? Dawsons can cater for all your relocation needs in conjunction with Relocation Agent Network, we are Swansea’s only agent to provide this unique service.  To find out more follow the link or pop into your local branch where you will find a Relocation Specialist on hand to deal with any enquiry.

#weheartrelocation

Mortgage Advice Bureau:

Dawsons Mortgage Advice BureauWhat can we do for you?

Dawsons Mortgage Advice Bureau is part of the leading mortgage network, as well as the most recognised intermediary consumer brand, winning over 70 national awards for the quality of its advice and service during the last five years.  So what sets us apart?

  • 12,000 mortgage deals are available via our network.
  • We have over 90 lenders who have chosen to work alongside us, allowing us the ability to adapt based on your situation and needs.
  • Exclusive deals from some of the major high street banks and building societies, that will not be available to the open market.
  • Mortgage protection insurance, exclusive to our network.
  • Expert advisors with in-depth knowledge of the market, who aim to assist you with the purchase of your new home.

For your free advice, please do not hesitate to call your local Dawson’s office today to make an appointment or click this link.  Please remember that your home can be repossessed if you do not keep up repayments on your mortgage.

Chris Hope, Dawsons Senior Director

To buy or rent – the great debate that rumbles on

It is one of life’s great debates that often dominate our lives year on year: is it better to buy your own home or rent someone else’s?

The simple answer is: there is not right or wrong decision, but financial trends – a stable or unstable economy – will often dictate that decision.

Here Chris Hope, Senior Partner at Dawsons Estate Agents, weighs up the pros and cons of the buy or rent conundrum.

“People are always asking what is the best course of action when it comes to buying or renting,” said Chris.

“Of course personal circumstances will always dictate and every four or so years the buy/rent debate shifts one way or the other.

“To be perfectly honest at the moment it is probably a 50/50 scenario when looking at a decision to buy or rent.”

Just to put into context Chris gives an example of a three-bedroom terrace in the Morriston area of Swansea.

At around £100,000 to buy that would give you a £385 per month on a typical 25-year mortgage with a 10/15% deposit. That would compare to £500 rent per month.

“So looking at the averages there is not a great deal of difference when you take in consideration the buyer’s initial outlay with a deposit,” reflected Chris.

“Looking at it historically – 20 years ago those that rented were those who couldn’t afford to buy.

“But whereas there has been a social status element with owning your own home it’s nowadays become a lifestyle choice. Renting is now socially acceptable, and to put that into perspective in our Marina Office we only have one or two lettings properties at any one time. The demand is that great.

“Renting now gives young professionals flexibility. The fact the house needs painting or decorating is not longer and issue. You can just move!

“The culture has definitely changed – renting is a socially accepted way of living. Renting has given people freedom and gives you flexibility and latitude, especially when a career may take you around the country.”

But where rent gives you flexibility and no real ties buying is seen more and more as an investment. For instance fairly recent figures from Santander Bank indicated that ‘lifetime renters’ who never manage to climb on to the property ladder are likely to hand over around £300,000 to private landlords during their lives.

“But rental does look attractive especially when you look at people who have bought at the wrong time have been caught in a negative equity situation – that brings it’s stresses and strains,” added Chris.

“Despite that, compared to other countries such as USA and Germany we are still largely a nation of homeowners. Some people see an investment in a property is an extra pension at a time when pensions cannot be relied on to fulfil financial needs in retirement.

“There is still an advantage on buying a property because of the basic economics of what it costs to buy compared to cost of rent.

Having a mortgage-free environment is a comfort blanket.”

To put that into perspective a recent survey from HSBC talked of a growing divide between property ‘haves’ and ‘have-nots’.

Analysing that the generation of owners who bought in the early 1980s tended to become mortgage-free at 56. Recent buyers – average age 29 – are expected to be mortgage-free at 60, whereas young people who say they do not expect to be able to buy until age 35 are likely to be approaching 68 before they own a home outright.

In conclusion Chris says: “There is no right and wrong to be honest – but it changes its balance determined by financial stability.”

Continue reading

Oliver Adair MAB

The lowest inflation rate on record – How could it affect you?

Sitting at its lowest point since records began, inflation in the UK now sits at 0%. In the short term, this could be good news for most of us – we feel richer and, technically, we are, but we are also teetering on falling into deflation, which wouldn’t be good at all. Here the UK’s leading independent mortgage broker, Mortgage Advice Bureau, explains why.

“With inflation announced as zero, interest rates are likely to be set lower for longer and there is, of course, the possibility that the record low base rate could also fall even closer to zero. The low interest rates will encourage people to continue borrowing money, helping the economy to grow and inflation to increase,” said Oliver Adair from Mortgage Advice Bureau.

Inflation is affected by a number of factors, ranging from household goods and video games to transport. However, with the prices of oil rising slightly from their lowest in six years in February, the price of fuel didn’t really affect the rate of inflation in the UK. That particular trait fell to the ever-increasing strength of the sterling against the euro, thus reducing the cost of imports.

“If these low prices continue for too long, we could find ourselves in deflation,” explains Oliver. “If this was to happen, we could become accustomed to tumbling prices, meaning we wouldn’t spend as much, as we hope that the item we were going to buy today will be even cheaper tomorrow. This could create a ‘chain reaction’ effect as the economy would then become motionless and we could be facing another recession before we know it.”

With oil prices continuing to pick up, we still have a slight cushion against deflation at the moment. For now, average wages are growing by just under 2% per year, and with the Consumer Price Index (CPI) showing that prices haven’t risen at all, you will find that your wages will go further.

The rate rise is also likely to be delayed as the Monetary Policy Committee (MPC) will no doubt want to see how much zero inflation affects wages.

“With the delay in the rate rise, now could be a good time to consider your next steps, be it looking for your first home, remortgaging on your current property or adding to your portfolio. Whatever the case, professional advice should always be taken from an independent mortgage adviser,” concluded Oliver. Continue reading