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Average house price in Wales up again

Credit: Yui Mok/PA Wire

Wales has seen the second highest month-on-month increase across Wales and England in asking prices, with a 2% rise pushing the average asking price to £185,145.

That's according to property website Rightmove which also says homes are now taking just 57 days typically to sell.

Central Cardiff 'most desirable in Wales' amongst urbanites

Credit: Barry Batchelor/PA Wire

Central Cardiff is among the most desirable places for professionals aged between 25 and 44 years old to buy a property, according to Lloyds Bank. The postcode of CF24 which includes Cathays, Roath and Splott, was named as the top hotspot for young professionals in Wales.

Lloyds' review looked at Land Registry house sales in the year to February 2016 and also used analysis of different sectors of the population by marketing consultancy CACI to make the findings.

The south coastal town of Hove is the top hotspot for young professionals buying homes across Wales and England.

Young professionals tend to have a professional or university qualification, are in well paid jobs and enjoy an urban lifestyle without the hustle and bustle of living in the city centre.

Our research shows that aspiring young urbanites choose to settle in areas which give them the best of both worlds - attractive suburbs offering good amenities and quality of life, which are within easy reach of a larger city centre - and in many cases they are prepared to pay a premium to live there.

– Mike Songer, Lloyds Bank mortgage director

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Mobile ticketing system to be rolled out across Wales

Credit: Arriva Trains Wales

Arriva Trains Wales says it's extending its mobile ticketing system across the country after a successful trial on the Cardiff and Valleys network.

It says customers can make savings using Mobile Multi-flex ticket - the first mobile ticketing system of its kind in the UK.

Tickets can be bought, through an app, to travel between any two places and can be stored on a smartphone for up to three months after the date of purchase.

...we are always trying to understand the needs of our passengers and with the majority of UK employees (77 per cent) working in organisations that provide some kind of flexible working, we had a strong desire to reward loyal users of our trains who do not travel on our services regularly enough to benefit from the savings provided by a normal season ticket.

– Lynne Milligan, Customer Services Director
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