Welcome to June's edition of Swansea Property News.
What an eventful month June has been so far!
While the rest of the UK is still reeling from the outcome of the General Election, the news is more positive here in Swansea with the regeneration bid being approved. We are seeing a 5.9% increase in asking rents on 2 bedroom flats, and I was honoured to be nominated for Female Entrepreneur of the Year at this year's South Wales Business Awards in Cowbridge.
Hannah McCartan
MD - McCartan Lettings
General
Approval of the much anticipated bid for Swansea City Centre’s £500m regeneration was announced earlier this month, but what does it mean for Swansea Landlords?
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General
It's safe to say that the Conservatives' decision to hold a snap election well and truly backfired - the results of which are a hung parliament, embarrassing coalition with DUP and the 15th Housing Minister in 17 years.
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General
Hannah’s nomination came not only from her success as the Managing Director of an already multi award-winning letting agency, but also the opportunities she has created to grow her own buy-to-let property portfolio and be mortgage-free on her own home within 5 years.
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General
The results of the survey were invaluable in helping us to better understand the hopes and concerns of landlords in Swansea, and in making sure we are developing our service in line with what our landlords need from us going forward.
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General
Two bedroom flats have seen the biggest increase in asking rents this month by 5.9% up to £826pcm, but with an increase of 20% in stock of two bedroom flats in Swansea we will likely see rents for these properties fall slightly as supply outstrips demand.
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