Swansea
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Agencies & People
Welsh rugby legend’s estate agency opens second branch
Blackbear estate agency is expanding its territory after its 'phenomenal' success less than a year after its launch.
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Latest property news
Belvoir crowns Swansea office as Franchise of the Year
Husband and wife team, Ben and Daisy Davies from Belvoir Swansea, scoop the coveted Gold Award for Franchise of the Year 2022 at the franchisor's annual conference.
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Latest property news
Young estate agent with digital ambitions named top entrepreneur
Katie Cromwell set up her business two years ago after realising how profound Purplebricks' influence on customers had become.
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Latest property news
Welsh agents not displaying fees despite TPO enforcement letters
As the deadline for agents to get licensed with Rentsmart Wales passes, Welsh agents will be aware it is not the only organisation trying to police them. The Property Ombudsman late last month said Swansea was one of the Consumer Rights Act non-compliance hotspots after it discovered that agents in the city, along with those in Dorset, had the worst track record for displaying their fees both on their websites and in-branch, as the law now requires. Letters were sent out in a joint campaign with The Chartered Trading Standards Institutes to agents late last month warning them that non-compliant agents would be reported to local Trading Standards officers. But despite this, The Negotiator can reveal, five of the 18 letting agents with properties to let in the city still do not publish details of their fees on their websites. Earlier this month The Property Ombudsman Katrine Sporle (pictured) said up to 50% of agents in Swansea were not compliant and that they had until this Monday to remedy this. The letter has at least prompted some Swansea agents to get on board. Some 27% of them are non-compliant, an improvement on 50% and a sign that most agents across the UK…
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Regional Reports
Edinburgh, Swansea and Milton Keynes
Swansea The rental market in and around Swansea and Gower is diverse, which may surprise people from outside the area. This already vibrant market is set to grow considerably with the construction of the brand new Swansea Bay Campus, coupled with the announcement that planning consent has been granted to build a £1billion tidal lagoon in Swansea Bay, both of which will see an influx of professionals and student tenants. These two projects alone are already changing the demographic of the Swansea rental market, with former residential areas slowly changing into more HMO-led areas and vice versa. Some traditional student areas have already seen a shift over to the professional market and none more so than the Uplands area of Swansea. The demand from professionals in this area has increased significantly over the last three years due to a cluster of wine bars and restaurants springing up in a condensed area, which is also conveniently close to the city centre and two major employers in the area; Singleton Hospital and Swansea University. A number of landlords have tapped into this tenant demand and converted large three storey buildings into, for example, three executive apartments with commercial premises on the ground…
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