House prices: Rising costs sees old ruin turned into home

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House prices: Rising costs sees old ruin turned into home
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Unaffordable house prices sees ruin turned to home

and beauty spots - with residents outbid on one property in Gwynedd that went for more than double its £120,000 asking price.

To try and tackle the issue of people being priced out of the market, the Welsh government announced earlier this month thatMs Williams was not able to afford a home in the area As part of the planning consent, Ms Williams will have to sign a 106 agreement, meaning the house is classed as "affordable housing".She added: "This makes it harder for us to get a mortgage, we will have to make changes and it will be more costly. But the main thing is that we have had planning permission.

"The first step will be to clear the site and perhaps we will have to wait then to see if the the cost of building materials will come down."

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