South Wales estate agent celebrates as student accommodation being snapped up.

Dawsons Estate Agent has successfully secured reservations on more than 50% of 24 purpose-built student apartments right in the centre of Swansea.

The Park Buildings lettings have created a lot of interest across the world from as far afield as Europe, the Middle East, Japan, China and Canada.

The amount of lettings already snapped up is a significant achievement considering the high spec flats are not opening until September.

“We have secured students from many places around the world, and are many weeks ahead of our schedule in terms of securing half occupation reservations through May,” said Ricky Purdy, Dawsons Director of Residential Lettings.

“We are seeing much interest on a daily basis from students currently studying at the university and from those starting in September.

“We are delighted with progress and are sure of securing full reservations prior to the availability date for occupation, as per our intentions at launch.”

Park Buildings is conveniently located in the heart of the city, just a stone’s throw away from transport links and all amenities. The accommodation is also beautifully designed with open plan living and sleeping areas and their very own kitchen and shower rooms.

“Park Buildings is a truly unique addition to Swansea and its student population needn’t settle for second best any longer when it comes to finding a new home from home for the new term,” added Ricky.

“The studio apartments come complete with, cleaning service, laundry facilities and storage facilities, so you have everything you need to start or continue your education in Swansea.”

For further information on Park Buildings, please contact Dawsons’ Swansea office on 01792 633260. Please also visit for more details.

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