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Article: Buyers moving into Wales boosting property market.(Business)
- Article from:
- Daily Post (Liverpool, England)
- Article date:
- October 10, 2001
CopyrightCOPYRIGHT 2001 MGN Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: David Jones Business Staff
A HUGE influx of migrant buyers from the North West of England, Cheshire and Wirral is helping to fuel the buoyant residential property market in North Wales, says the Royal Institution of Chartered Surveyors.
Many of them have sold houses at good prices in conurbations around the North West area and are moving into Wales to retire or for the more rural way of life.
Interest rates that are at a 50-year low have made mortgages a more attractive proposition for other buyers and added to the demand for property in all price bands.
Anglesey-based RICS North Wales chairman Elfed Williams said:
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