All posts by Rosannagh Duffin

WE ARE HIRING…

 

Sales/Lettings Negotiators for our Carmarthen office.

Due to expansion, we are looking for additional negotiators for our busy Carmarthen office, preferably with experience in the property sales/lettings sector. OTE earnings in excess of £25k.

If you would like to join a successful company who reward their staff accordingly then email your C.V. to linda@westwalesproperties.co.uk.

All applications are in confidence.

St Davids RNLI celebrates new lifeboat and station

A double celebration has taken place at a Pembrokeshire lifeboat station.

St Davids RNLI officially opened its £10m lifeboat station on Tuesday and named its £2.7m Tamar class lifeboat Norah Wortley.

The new station and slipway took two years to build and are positioned in the cliffs next to the old station at St Justinian.

About 200 people, including past and present crew, attended the ceremony.

Ceremony inside St Davids lifeboat station

The Norah Wortley was funded by a bequest from Diana Symon from Devon and since its arrival at the station four years ago has launched more than 60 times, helping to rescue 50 people and save four lives.

Champagne was poured over the bow as the lifeboat was officially named and handed over to Capt James Wilcox, lifeboat operations manager at St Davids RNLI.

Capt Wilcox said: “The thanks of everyone connected to St Davids RNLI goes out to Diana Symon and all the other donors who made this day possible.

“Their generosity and the support of the local community mean our volunteers will be able to save lives at sea off the coast of St Davids for many more years to come.”

St Davids new lifeboat station

The new lifeboat station is one of the RNLI’s most ambitious build projects in recent years.

It was part funded by the community and as well as housing the Norah Wortley, is home to the smaller inshore lifeboat.

Tuesday’s ceremony also paid tribute to the past with the Watson class lifeboat, which served St Davids RNLI for 22 years until 1985, in the water for the event.

Norah Wortley

Auction House celebrates second-best month in a decade

Award-winning brand Auction House is reporting the second-best month in the ten year history of the company, despite the downturn in the private treaty market.

The month of February saw an impressive 466 lots sold from 602 offered – a success rate of 77.4% – which raised a total of £57.7m in the process.

Mick Haywood, Auctions Director said; “These figures mark a strong start to the year that bodes well for the coming months. Normality seems to have returned to the auctions market, sales rooms are busy, and careful guide prices are generating enthusiastic bidding. From our perspective, auctions genuinely seem to have weathered the storm.

“All this is in marked contrast to the private treaty market where estate agents are reporting a shortage of stock, and sales are continuing to struggle. But here in the auction sector, more private sellers are coming our way, corporate clients are giving us increasing amounts of stock, and commercial lots are back in demand.”

Mick says that the auctions market across the country seems to have recovered from the impact of the 3% Stamp Duty surcharge for landlords and second home owners, which came into force last April. He explained: “Sellers are keen to choose the speed and certainty of the auction method and buyers are genuinely eager to purchase. We are assisting more people buying for their own occupation – such as first-time buyers and improvers – who are helping to move auctions into the main stream.

“Plus, more investors are choosing to buy commercial lots whilst others still see worthwhile returns in the buy-to-let sector, where rising rents are strengthening yields in many regions. Overall, auction lots are already back at normal volumes and nothing that the Chancellor said in his Spring Budget on Wednesday gives us particular cause for concern.”

Mick added: “Overall, this is another excellent set of figures for the company. Our position is strengthening, and we fully expect to build on this early momentum as we push to grow activity further.”

A word to the wise…

West Wales Properties considers opposing forces that are affecting the property market this spring.

The post-Brexit property market is turning into a paradox. With low interest rates, declining numbers of unemployed and an economy that appears to be on a strong path of sustained improvement things should be booming. Confidence, the lifeblood of the property market, should be surging though its heart, pumping up prices as the numbers of available properties dwindle. It should be the classic sellers’ market. Except it isn’t. Why?

 

The answer is that confidence is muted. Concern over Brexit is a factor. So too are the criteria needed to get a mortgage nowadays. Also there is mounting caution over major spending decisions and heightened house price-to-earnings ratios. With rising inflation affecting household incomes, house price rises could be suppressed and in some areas even reversed this year. House prices will reflect growth in households’ incomes much more closely this year rather than outstripping them.

 

So who does one turn to when the going gets tougher, when selling is harder and when finding a great buyer can’t simply be left to the internet (as if it ever could)?  Like most things in life when you need someone to show you the way it is best to find someone who has been along that particular road before.

 

So if you are selling your home in 2017 here are some important points about this current market that experienced estate agents understand only too well.

  1. Don’t believe everything you read in the press.  The media is invariably three months behind the market and the national newspapers cannot reflect local market conditions that can swing wildly from county to county and even town to town.  But while conditions in some areas might be better than expected, in others there are growing challenges.
  2. First time buyers should take advantage of this period while investors are still reeling from stamp duty hikes.
  1. Those at the upper end of the market should understand rapid changes in taste, income, lifestyle and generational requirements within the modern family unit. Buyers’ needs are not the same as they were a decade or two ago. These changes affect desirability, suitability and affordability.
  2. Start planning your 2017 sale early.  Don’t wait. In market terms there is little to wait for.
  1. Be prepared to be flexible on price and timing. This positive attitude will bring material benefits as well as peace of mind. Or you can dig your heels in and be miserable.
  2. Remember that property values have risen over the past few years so even a negative correction in prices will have little real effect on those who have owned their property for over three years or so.  The notion of losing out is uncomfortable to anyone, but experienced movers understand they have to ride the ups and downs.
  1. What one loses on the swings one gains on the roundabouts.  Price corrections work both ways – on the sale and the purchase.  2017 could be a great year for finding a property.  But selling may be a challenge. In property one thing is sure: one rarely wins out both ways!  Be realistic.
  2. Use an experienced professional to show you the way.  Fee-cutting or online-only estate agents can be very attractive to the uninitiated, but don’t be beguiled.  You get what you pay for.  In this market a wise seller needs sage advice based on experience and know-how.  Sellers will need the services of those who offer their clients skill and candour as well as respect – not the scant attentions of those who regard other people’s homes simply as fee-generating units of residence, or as another tick on the office dry-board score sheet.  If you are selling and don’t just want to be a number make sure you get market appraisals from several reputable local estate agents and be certain to ask each one how long they have worked in the area.  Also ask if they have worked through several market cycles and, most importantly, what they learnt from them.
  3. Finally there is no reason why a property that is well presented, in good order and priced correctly should not find an eager buyer. But the right advice is crucial from the start.

Pembrokeshire County Council backs Port of Milford Haven plans for 4-star floating hotels at Milford Haven Marina

PLANS to build four floating hotel pods at Milford Haven Marina have been approved by Pembrokeshire County Council.

The Port of Milford Haven says the four-star floating suites will form part of its £70m Milford Waterfront development.

It hopes its plans will build on the ‘established retail, café and restaurant experience’ to create a vibrant waterfront destination attracting thousands more visitors to Milford Haven and Pembrokeshire each year.

“Our idea was developed when we were looking at ways to quickly add to the existing bedstock in Milford Haven,” said Neil Jenkins, Destination Director at the Port.

“It was also important to us that whatever was proposed would match the high quality offering already enjoyed at Milford’s four gold anchor marina; a highly sought after accreditation within the marine leisure industry.

“The floating suites should offer a unique experience for anyone wanting to soak up the tranquil marina atmosphere without necessarily owning a boat.”

Work is continuing on developing this proposal and supporting business plan, and the Port hopes to officially open the suites before Easter 2018.

Council considers Pembrokeshire City of Culture bid

THE CITY of St Davids, the smallest city in the UK, could soon be in the running to be named as the UK’s City of Culture for 2021.

Pembrokeshire County Council is exploring the possibility of making the bid and a report is set to go before Cabinet on Monday, February 13.

The deadline for registering an interest in applying is at the end of this month.

It had not yet been possible to discuss the matter with all the key partners but steps are in place to do so as soon as possible.

Although any bid will have to involve the local authority, the Council’s Director of Development, Dr Steven Jones, says that St Davids City Council would be an obvious lead organisation.

The City Council is scheduled to consider the City of Culture opportunity tonight (February 6th).

Dr Jones said that initial discussions with the Pembrokeshire Coast National Park Authority and partners on the Pembrokeshire Public Service Board had been ‘very supportive.’

The report says that the aim of the UK City of Culture programme is to encourage the use of culture and creativity as a catalyst for economic and social regeneration, to promote the development of new partnerships, and to encourage ambition, innovation and inspiration in cultural and creative activity.

Any area outside of London is eligible to apply. Part of the programme can also be delivered in a wider hinterland. However, bids with a strong central focus will be favoured.

In making the case for St Davids, the report states: ‘St Davids is Britain’s smallest city; it is also a spiritual, historical and cultural centre of major significance in Wales.  It is steeped in history and heritage with a remarkable asset base for its size, including for example a fine Cathedral, palace and a national gallery.

‘It has successfully hosted large-scale events such as the annual St Davids Cathedral Festival and the National Eisteddfod which came to the city in 2002.

‘St Davids and the surrounding area also benefits from a number of community and business leaders, and significant social capital from the wider community that could be brought to bear in support of an application.’

Dr Jones says that there is also a case to be made beyond St Davids, perhaps including North Pembrokeshire and as far as Fishguard.

At next week’s meeting, Cabinet Members will be asked to endorse the principle of a Stage 1 application and to begin discussions with a number of stakeholders.

The aim of the City of Culture initiative, which is administered by the Department for Culture, Media and Sport, is to ‘build on the success of Liverpool’s year as European Capital of Culture 2008, which had significant social and economic benefits for the area’.

Derry, Londonderry was given the first title of City of Culture in 2013 and it was given to Kingston upon Hull for 2017.

Official opening of the NEW Cancer day unit at Withybush Hospital

February sees the official opening of the New Cancer day unit at Withybush hospital. A new and fantastic facility for the people of Pembrokeshire. We should be very proud of the Pembrokeshire public contribution that made this possible in our beautiful county of Pembrokeshire. Many families in the future will receive the benefit of this first class facility and the extraordinary staff who work there.

Well done to all concerned. This dream has come true. We now need a new project to focus on to give benefit to the people of Pembrokeshire.

West Wales Properties staff and friends will be launching a campaign to raise £25,000 in our 25th year of trading. All proceeds will go towards the next fund raising for Withybush Hospital appeal. If you would like to be part of this please contact Charlotte at our Milford Haven office 01646 69 85 85

Take a first glimpse at some of the images taken at the Official Opening of the new Pembrokeshire Haematology and Oncology Day Unit. The Withybush Hospital CDU appeal charity was delighted to be able to part fund this important and exciting new development at Withybush Hospital and to fund the impressive glass art commissions which now adorn the walls.

QUARTERLY M & S VOUCHER GIVEAWAY – JANUARY

This quarter the £50 M&S gift card has been won by Ms Doncaster, who sold her property through West Wales Properties in Haverfordwest.
 
Ms Doncaster has said “I honestly can’t thank West Wales Properties enough. They were an absolute god send during the sale of my late mothers house. They honestly helped me and updated me more than my own solicitor”
 
We love giving back to our clients so to be in with a chance of winning the next voucher please get your questionnaires returned to our offices.
 
CONGRATULATIONS MS DONCASTER!!

Pembrokeshire ranked 5th happiest place in Wales

A NEW study has revealed that Pembrokeshire is ranked 5th on a list of the happiest places to live in Wales.

It ranks behind only Vale of Glamorgan, Anglesey, Powys and Wrexham.

The rankings were based on four questions about personal well-being, which were:

  • Overall, how satisfied are you with your life nowadays?
  • Overall, to what extent do you feel the things you do in your life are worthwhile?
  • Overall, how happy did you feel yesterday?
  • Overall, how anxious did you feel yesterday?

The survey asked people to answer on a 10 point scale, with 0 being ‘not at all’ and 10 being ‘completely’.

The full list was:

Vale of Glamorgan 7.68
Anglesey 7.67
Powys 7.59
Wrexham 7.59
Pembrokeshire 7.55
Denbighshire 7.55
Conwy 7.52
Bridgend 7.52
Gwynedd 7.51
Monmouthshire 7.49
Ceredigion 7.46
Swansea 7.46
Carmarthenshire 7.45
WALES AVERAGE 7.44
Flintshire 7.43
Cardiff 7.41
Neath Port Talbot 7.38
Blaenau Gwent 7.35
Torfaen 7.30
Rhondda Cynon Taf 7.29
Caerphilly 7.28
Merthyr Tydfil 7.27
Newport 7.24

The data was gathered from January to September last year.

Fishguard and Goodwick Round Table hand over £1500 to Paul Sartori Foundation

Fishguard and Goodwick Round Table presented the Paul Sartori Foundation with a cheque for a whopping £1,500 at their recent January meeting.

The tablers met at the Pendre Inn, Fishguard, to hand the cheque over to Paul Sartori representative Ceri Price.

The money was raised through a series of fundraisers including a bed push collection at Withybush hospital, a street collection in St Davids and from the donations taken during last summer’s sea swim at the raft race in 2016.

Local fundraisers are crucial to the Paul Sartori Foundation. If you have an idea for a local fundraiser, but would like some help and advice, the you can contact Toni Dorkings, the Foundation’s Community Fundraiser, either via email toni@paulsartori.org or by phoning 01437 763223.