This week Dan and James discuss news regarding the latest property/housing updates as well as the latest updates from the world of mortgages and lending.

Dan looks at how tight supply increases rents across most regions
Link: https://www.property118.com/tight-supply-increases-rents-across-most-regions-during-q4-2021/

Dan also shares information about which Cornish coastal towns have seen the highest house price increases in the country
Link:https://www.cornwalllive.com/news/property/cornwall-coastal-towns-biggest-property-6492297.amp 

James discusses the rise in First time buyers towards the end of 2021 and what this means in the financial world. 

James also looks at the record number of Buy to Let firms established in 2021 with the tax benefits driving this increase. 
Link: www.mortgagestrategy.co.uk/news/first-time-buyer-activity-rises-at-end-of-year-legal-general/

Dan and James then talk through their property picks of the week. 

Commercial property of the week:
Property Location: Launceston 
Rightmove Link: https://www.rightmove.co.uk/properties/118688969#/?channel=COM_BUY 
Property Type: Plot of Land
Guide price: £140,000
Development opportunity description: Development site with the benefit of detailed planning approval for the construction of two new detached houses

Residential property of the week:
Property Location: St Austell 
Rightmove Link: https://www.rightmove.co.uk/properties/118866830 
Property Type: 2 bed cottage 
Guide price: £150,000
Development opportunity description: Cottage that has been empty now for over a year! Opportunity to create off road parking. Benefits from gas central heating also. Rear garden also.

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