When Marks & Spencer sniffs, the fashion industry catches cold, or so they say. With Taylor Wimpy announcing a staggering 900 redundancies across the UK, you know that housing’s in crisis and is facing a bought of influenza. Already, Denbighshire’s Anwyl has announced redundancies.As the Glasdir development continues, so the detached housing that Wimpey is currently finishing off actually looks quite acceptable. They would make satisfactory homes for people except that some may not prefer to be overlooked by the three storey town houses (terraces) and the apartment blocks that continue to court controversy within the town.
Reports of house sales at Wimpey’s seem premature and exaggerated. It’s probably significant that a month ago a ‘sold’ sign appeared on one of the town houses. That’s now reverted to ‘For Sale’.
The general housing market’s slow in Rhuthun at the moment and house prices have fallen, but not as significantly as in the UK as a whole. Yet. It’s probably only a matter of time but at the moment, at least the uniqueness of Dyffryn Clwyd/the Vale of Clwyd is helping to take the worst off the national slowdown.
Key Properties shut its Rhuthun doors after nine months, in September last year. Longstanding local estate agent Dodd’s chose the right time to close in the spring of 2008. It was an opportunity for Molyneux’s surveyors to come in, though life will be initially tough for them. Dodd’s Dinbych premises remain closed and empty and the fact that Molyneux has taken over in Rhuthun demonstrates the desirability of the town and Vale. You wouldn’t chose today’s climate to expand your estate agency business unless you were pretty confident of the long-term prospects in a town such as Rhuthun.