What the scrapping of the Severn Bridge tolls will mean for house prices?

With commuting costs now set to drop by as much as £1400 per year, life across the Welsh border is increasingly attractive to buyers from Bristol

The Government has confirmed that tolls on both Severn bridge crossings are to be scrapped next year, in a move that is likely to boost the Welsh economy by £100m a year.

The news has come as a delight to the 25 million motorists who use the bridge each year, who could be better off by as much as £1400 annually.

When it was announced that the Tolls on the Severn crossings linking England with Wales are to be abolished for all vehicles at the end of 2018 everyone wants to know how will the news affect property values either side of the Channel?

If you are attracted to buying your own over the Welsh border, visit our Conveyancing page and see how we can help you along with the process of buying your new home.