Westbury Castle bought at auction for £1.5 million | Property | Life & Style

The glamorous Westbury Castle had its price tag slashed from £5m after its owners failed to shift the 200-year-old property. The Grade II listed building in Flintshire, North Wales, was snapped up by a mystery businessman who plans to rent it out as luxury residential apartments. The property failed to sell five years ago when it was valued at £5 million and included a three bedroomed lodge and eight acres of land on its estate. Three parties bid for it at the auction on Thursday at The Intercontinental Hotel in…

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Britain’s Cheapest Street reveals house transformation after being bought for £1 | Property | Life & Style

In 2013, Liverpool City Council offered up properties for just £1 in Wavertree, in a bid to get first time buyers on the ladder and bring up the local area. Two miles south of Liverpool, the street was known for being run down and not without crime, with shootings and stabbings also occurring reguarly. In 2003, the council planned to destroy the area and build new houses, yet in 2010 the government funding was withdrawn, leaving 115 houses empty. Yet with the new plan by mayor Joe Anderson, the rules…

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House price rise: THIS area saw the highest rise in values last year | Property | Life & Style

GETTY The South West saw the greatest jump in average values in 2017, and they were up by 7.5% Whilst historic, both indices are widely respected in the property and finance industries, due to the fact that they are independent and represent the majority of lenders in the UK, and ‘whole of market’ data from the perspective of prices for properties sold, which therefore provides a clear indication of housing market trends, even if they lag by a few weeks.  In terms of house prices, the ONS report, which also…

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Defrost windscreen: Rubbing alcohol will thaw ice in seconds | Property | Life & Style

Defrosting your car windscreen is essential if it freezes and obstructs your view when driving. In fact, it is illegal to drive if your windscreen is not defrosted sufficiently to see. For those who find the process long and inconvenient, there is a simple trick to make it easier.  Using a £1.35 item mixed with water, you can thaw your windshield in seconds – leaving you free to drive. The item is rubbing alcohol, a common household item usually used as an antiseptic.  It also comes in handy for your…

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Bungalows are set to be the coolest living places of the future | Property | Life & Style

But now a majority of those living on the Excalibur Estate in Catford, south east London, have agreed they are not fit for 21st century living.  Just six of the prefabs will be preserved, along with the pre-fabricated St Mark’s Church, thanks to their Grade II listing.  Existing residents will be offered the opportunity to be rehoused and the 371 new properties – 60 per cent affordable housing – will go on sale from £320,000 for a one-bedroom low-rise flat (0333 003 3738; excaliburse6.co.uk). Catford is one of London’s most…

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House prices FALL again: Average UK property price drops over £3123 | Property | Life & Style

House prices have dropped since last year, the Halifax House Price Index revealed this morning.  The headline figure of a 2.2 per cent year on year increase in average house prices is lower than the 2.7 per cent annual increase reported in December, and prices have cooled slightly month on month with a 0.6% drop between December and January. In real terms, according to the Halifax the average house price in the UK was £223,285 last month, versus the £219,217 in January 2017, but lower than the highest recorded figure…

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Pension vs property: Which is best when saving for retirement? | Property | Life & Style

Property is the best way of saving for retirement, most Britons believe. In fact, a whopping 49 per cent of Britons surveyed by the Office for National Statistics said property was best.  The latest edition of the ONS wealth and assets survey revealed the shocking figures. Back in 2010, the UK office started asking the question and since then the figure showing people who believe property is the best investment has only increased.  From July 2016 to June 2017, 49 per cent of Brits considered property would make the most…

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Interior design: Give your living room a trendy and colourful update | Property | Life & Style

“Home design continues to evolve and is increasingly shaped by social, cultural and economic trends, something that is apparent in each of our six core interior stories for 2018,” says Natalie Ratcliffe, homeware designer for George at Asda (direct.asda.com). “These are Botanic Bohemia (bringing the outside in), Home Haven (largely Scandi), Cosmic Retro (1990s throwback), Culture Clash (eclectic mix), Opu-Luxe (Japanese) and Urban Revival (industrial).” Rona Olds, buying & design head at Sainsbury’s Home, says: “Scandi-inspired interiors are getting a contemporary makeover as clean lines and simple silhouettes combine with…

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