April Property & Lifestyle Magazine Out Now

APRIL MAGAZINE NEWS ITEM MCCARTHY HOLDEN ESTATE AGENCY

Spring House Moving Activity On The Up!

In our March magazine we said that many home owners decided to tap into the early new year buyer demand, resulting in new properties coming to the market at a good level.

So, levels of supply have recovered and buyers and sellers are not miles apart on where they see pricing and this means house sales are being agreed at an increasing rate.

In this magazine edition we are pleased to show a selection of some of the new to the market properties so we hope you will enjoy exploring the pages which showcase some of the finest properties available on the open market.

You can see the full 68 page magazine by clicking this link or the image below.

2023 First Quarter Property Trading

As indicated earlier, levels of supply have recovered and house sales are being agreed at an increasing rate. This is supported by the fact that our first quarters trading results show a 6.75 increase on the house sales front and a 7% on the house lettings front when contrasted to the same period last year.

The resilience in the residential house market continues. House prices have levelled off, but because the market is more balanced with buyers and sellers more aligned on where they see pricing, then house sales productivity is actually up on the previous year in our area of operation on the Hampshire/Surrey/Berkshire borders.

Editorial Features & Property For Sale

We hope you will enjoy reading some of the editorial features we have pulled together for our readers, including recipes from cookery writer Kim-Joy, an interview with Alex Jones, some interesting insight keeping chickens and Su Scott’s thoughts and recipes on Korean cuisine.

For the super car enthusiast there is a first drive review of Lamborghini Huracan Tecnica by motoring correspondent Jack Evans.

A few samples of our property and editorial content is shown below – just click on an image to read the article / see the property details.

How inheritance is playing a part in getting people on the property ladder

Some people are banking on inheritance to buy a home, or pay off their mortgage, according to Zoopla. By Vicky Shaw.

Coming into some inheritance can make all the difference when it comes to being able to achieve financial milestones, such as getting on the property ladder.

For Kirsty Hamilton, 27, inheritance left by her uncle helped her put down a 50% deposit on a flat.

The operations manager, from Paisley in Scotland, says: “Knowing I had the inheritance meant I didn’t have to worry about saving for my first home. It also allowed me to purchase a property in a nice area.

“We have recently refurbished the bathroom and it’s been nice to do this from a stable position.”

Kirsty also highlights how discussing family inheritance can be worthwhile.

“It is useful to know a ballpark figure of any inheritance you may gain,” she says. “This will help you to manage your life and plan for the future.”

High house prices and jumps in mortgage rates make getting on the property ladder an even tougher feat for some first-time buyers.

Comparing her situation to that of her parents, Kirsty says: “It is 100% harder now than it was for my mum and dad.

“They’ve spoken about how much less they had to make before being able to purchase a property, compared with young people today.”

Recent research from property website Zoopla, among 2,000 people whose parents own a property, found more than two-fifths (43%) are relying on inheritance. Despite this, only three in 10 (30%) people surveyed have asked their parents how much they are likely to inherit.

While some people told researchers they find it too awkward to discuss inheritance, others said they have checked how much their parents’ property is worth.

Zoopla has a calculator on its website, which can provide an indication of what your property inheritance might be worth.

Some of those surveyed said they had fallen out with family over discussions about inheritance, while others are concerned such talks could spark rifts in the future.

Picking the right moment may help, as could seeking financial advice.

Some people are already making plans for the expected inheritance they are yet to receive, the survey revealed.

Nearly six in 10 (58%) expect to be able to move house, upgrade their home, pay off some of their mortgage, or become mortgage-free.

Some people surveyed were renting until they inherit, while others had purchased their home on the basis that an inheritance would one day help them to pay off their mortgage.

Of course, not everyone is fortunate enough to have money passed onto them by older generations, either as wealth transferred after parents have died or while they are still alive.

Recent analysis from think-tank the Institute for Fiscal Studies (IFS) indicated that the children of university-educated home-owning parents receive around six times more in wealth transfers during their 20s and early 30s than the children of renters.

These wealth transfers between generations often happen when people are buying their first home or getting married, the IFS said.

For those trying to get on the property ladder who do not have the benefit of money being passed down to them to help, Daniel Copley, a consumer expert at Zoopla (zoopla.co.uk), suggests exploring what government schemes are available.

These may vary, depending on where in the UK you live.

He says: “There are several government-backed schemes – some of them not very well known – that can give first-time buyers a helping hand onto the property ladder.”

It may also be worth being open-minded on location and looking for “up-and-coming” places to buy a home.

Copley suggests: “Look for areas that have similar attributes or are adjacent to your preferred area – you might be surprised how much house prices change across relatively short distances.”

Lifetime ISAs can also give people saving for their first home a boost, adding a 25% government bonus onto savings, subject to certain terms and conditions.

People must be at least 18 and under 40 years old to open a Lifetime ISA.

Career Opportunities In 2023

RECRUITMENT IMAGE PHOR MCCARTHY HOLDEN

During 2023 we anticipate that we will be looking to recruit both inexperienced and experienced personnel, so we invite those who are thinking of a career change to contact McCarthy Holden with a CV summary.

McCarthy Holden operate on the Hampshire / Surrey / Berkshire borders. We are well known in towns and villages such as Fleet, Hartley Wintney and Odiham, where we provide house sales and lettings services.

For Those In Retail Or Similar Service Industries

Estate Agency is a career which allows your character and people skills to flourish, and it rewards you well for your sales productivity. So not surprisingly many people who have developed customer service skills in retail or hospitality, move up to a new career which stretch communication, sales and customer service skills further.

For Those Already Working In Estate Agency

If you are already an estate agency with one year or more experience, then we could have a career opportunity for you, so do please due get in touch whatever your current circumstances. Many of our team have worked with McCarthy Holden for 15 years or more, so we look to good long term working relationships with our staff.

Your Personality – Our Philosophy

We want top sales performers, but they must achieve their results by building good customer relationships and applying a work ethic which never loses track of the fact that we are working in the best interests of our clients (vendors and landlords). Always underpinned with honesty and professionalism which we believe should form the backbone of corporate service delivery.

Being a top sales performer is not about techniques, but it is all about Identifying the best buyers capable of actually buying, discovering their personal motivations and needs then matching those needs to the property resources and ultimately negotiating a house sale deal. Sometimes that investment in time with buyers and seller will yield results in weeks, sometimes it takes years.

If your background in sales has taught you inappropriate sales techniques that are at odds with our philosophy of treating all our customers with courtesy and a positive service attitude, inexorably intertwined with honesty and professionalism, then don’t apply.

What To Do Next

Simply send an email to Jill Wood who will treat your enquiry in confidence. You can email here.

PHOTO JILL WOOD
Jill Wood - Group Administrator
RECRUITMENT IMAGE PHOR MCCARTHY HOLDEN

Is The House Market In Trouble?

MARKET COMMENT IMAGE

The UK media headlines are full of alarming headlines with predications about house prices falling on 2023, so how has the market shaped up in early January on the Hampshire / Surrey / Berkshire borders

There can be no doubt  that the upward movement in house prices has stopped and flattened out, however, that doesn’t mean the market has slowed. House sale transactions are at a good level and there is currently a remarkable resilience in the house market.

We should also remember that when intuitions such as the Halifax  or the BBC make statements such as UK house prices will drop by 8%, they are suggesting this for the UK as a whole and not specifically Hampshire / Surrey / Berkshire borders. Also, if you look back on house price predictions in the past they are typically found to be wrong.

There can be no doubt however that the days of constant upward movements in house prices are gone for the short to medium term, despite buyers still being in a competitive environment because there is so little property for sale on the supply side. The cost of living will make buyers more cautious so price sensitivity will be a factor, but the house market will remain in good shape.

Some Facts About January 2023 House Sales

To demonstrate how resilient the market is and how the buyer demand remains very high, just take a look at the following properties that have exchanged contracts in the last five days. This wouldn’t happen in a flaky market because fewer buyers would remain committed to their house purchase.

The following is a selection of properties that have proceed to exchange in the last five days, despite the backdrop of media commentary. The price range is as impressive as the amount of buyers that have remained committed to their individual purchase plans.

The Blue Triangle Fleet – Exchanged c. £1.6m.
Hazeley Lea – Exchanged c. £1.6m
Hartley Wintney – Exchanged c. £900,000
North Warnborough – Exchanged c. £1.3m.
Odiham – Exchanged c. £875,000
Hartley Wintney – Exchanged c. £695,000
Odiham – Exchanged c. £800,000
Odiham – Exchanged c. £600,000
Fleet – Exchanged c. £800,000
Fleet – Exchanged c. £700,000

Fleet, Hampshire – Exchanged This Week (guide c. £1.6m.)

Hazeley Lea, Hartley Wintney, Hampshire – Exchanged This Week (guide c. £1.6m.)

Hartley Wintney, Hampshire – Exchanged This Week (guide £900,000)

North Warnborough, Hampshire – Exchanged / Completes This Week (guide c. £1.3m.)

Odiham, Hampshire – Exchanged This Week (guide c. £875,000)

Hartley Wintney, Hampshire – Exchanged This Week (guide c. £695,000)

Odiham, Hampshire – Exchanged This Week (guide c. £800,000)

Odiham, Hampshire – Exchanged This Week (guide c. £600,000)

Fleet, Hampshire – Exchanged This Week (guide c. £800,000)

Fleet, Hampshire – Exchanged This Week (guide c. £700,000)

By any standards most would agree that this is an impressive performance demonstrating the strength of buyer demand.

We believe the house prices we are experiencing in December 2022 will be around the same level by December 2023, if the current supply side levels remain in place and the cost of borrowing doesn’t increase significantly.

If you need market insight at any time in 2023, just go to our web site and ask your nearest branch for a free no obligation house price appraisal.

December Magazine With Market Insight

Magazine photo image McCarthy Holden

What an extraordinary year, defined on a global level with Mr Putin’s destruction and misery when he decided to invade Ukraine in February, introducing unimaginable suffering to the Ukrainian people and also introducing a backdrop of uncertainty across economic activities from stock markets to property markets around the world.

In the first few months the prospect of a stock market and property market downturn had to be considered, but this didn’t happen in the UK and………. You can read the 2022 review by clicking the image below which will take you through to our online digital Magazine In The Country & Town.

Browsing through our property and lifestyle magazine you will be able to see some of the finest property in the area, available to buy or rent as well as read some engaging editorial content.

Some articles are shown below and a click will take you through.

We wish all of our clients / customers / suppliers and magazine readers a very happy Christmas and an uplifting 2023

6 interior trends set to be big in 2021

Interior design trends mccarthy holden estate agents hampshire

After an unprecedented year, how will the pandemic have shaped interior trends to come?

Sam Wylie-Harris provides insight for McCarthy Holden into what we can expect to see more of in 2021.

There’s no doubt how we used our homes, and what we want from them, changed dramatically during 2020. According to home renovation and design platform Houzz.co.uk, this is already being reflected in popular search terms and design directions.

So, what can we expect to see more of in 2021? Houzz analysed their site data, browsed hundreds of home design photos, and interviewed professionals on Houzz Pro to reveal six key home design trends for the year to come.

Here’s a look, along with tips on how to make them work in your home…

The return of the all-white kitchen

Interior design trends mccarthy holden estate agents hampshire

This neutral, light-enhancing choice for the hardest-working room in the house is growing in popularity again, with searches for ‘white kitchen’ rising significantly during 2020. We’re also seeing many popular photos on Houzz that have white worktops and expect to see more in 2021, perhaps reflecting a pandemic-fuelled desire for clean-looking cook spaces.

“We’re seeing a resurgence of white kitchens but with people leaning towards matte designs rather than gloss, which was favoured a few years ago,” explains Josh Delane, director of kitchen designers, The Wood Works. “It pairs well with metallic accents like brass, bronze, copper and even matte black fixtures.”

In terms of worktops, Delane says: “Veined and marble effect quartz worktops are surging in popularity – a good alternative to real marble, which is porous and can be stained easily, making it challenging to maintain in a kitchen. White Corian is also a popular choice and nice on longer islands, as it can be cut and joined seamlessly.”

Nature-inspired interiors

The incorporation of nature into our interiors looks set to continue, with colour experts on Houzz predicting warm earth tones, such as burnt umber, terracotta and clay, and contrasting forest colours like sage, pine and turquoise will be strong choices for 2021. These colours are perfectly complemented by natural materials such as rattan, jute, wood and concrete, which have all featured heavily in the most-saved photos on Houzz lately.

If you’re wanting to embrace natural materials in your home, rattan is a good place to start and will continue to be big in 2021. Omar Bhatti, director of Space Shack, says: “It has a bohemian vibe, which you can mix with any interior. To avoid overkill, my top tip is to use it in moderation. I would suggest investing in a rattan accent chair or small planter baskets and see how you like this in your space.”

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Interior design trends mccarthy holden estate agents hampshire

Plants are another easy way to incorporate nature into interiors. Bhatti agrees: “You can never have enough plants. If I’m ever in doubt and need to fill an empty space or shelf, I always use plants. This is also a great way to bring the outdoors in and breathe some much-needed life into any space.

“I’m all about an oversized plant, this is a great way to bring some drama into any room. Banana plants and birds-of-paradise are good options.”

If you’re going to get the paint out, Bhatti suggests a palette of natural neutral tones. Beige and taupes are classic options that work in any space. “I recommend painting all your stark white walls in a light sand or beige tone, which will warm up the space, and you wouldn’t even need an undercoat,” he says.

Healthy homes

McCarthy Holden know from first hand experience that searches for ‘home gym’ and ‘garden gym’ have both risen dramatically during 2020 too. In 2021, we expect to see more exercise equipment that fits seamlessly into interiors, or furniture that doubles up.

Demand for home gym space rises at McCarthy Holden estate agents

“When thinking about portioning off a room in your home as your dedicated exercise space, it’s important to choose a room that has a fitting purpose, lighting and mood,” advises Joe Robertshaw, director of Place for Humans. “Being motivated to exercise at home also comes down to ease and accessibility, the more hurdles that stand between you and the exercise, the more likely it is to go undone.”

Multi-functional spaces

One thing 2020 really brought about was a need for rooms to be multi-functional. As a result, we’re starting to see professionals incorporate more hybrid designs, detachable units, and convertible pieces to create a home suited to the ‘new normal’.

One example, which saw a surprising rise in popularity as a search term, is ‘murphy bed’ (a pull-down design), suggesting a need for homeowners to hide away large pieces of furniture in bedrooms or spare rooms during the day, so they can double as offices while many of us work from home for the foreseeable future.

Building your own new home could be the ideal way to create your perfect spaces

“Given the current circumstances, our spare rooms have never been so important. Making spaces work for multiple occasions is critical to being able to utilise every centimetre of space in the home,” says Richard Hobden director of RHJB Architects. “A comparatively easy win is to replace the divan or fixed frame bed in the spare room with a simple folding bed. This can be a stand-alone piece of furniture or built into a storage wall, disguised as wardrobes. This will free up space elsewhere to create a multi-purpose study, home gym or playroom solution.”

Luxury vintage

Sustainability, climate change and the impact we have on our planet continue to be a big theme for 2021. Professionals on Houzz are reporting a growing interest in high-end, second-hand furniture, which aligns with the interest in sustainability we’ve seen.

second hand furniture for interiors

When buying second-hand furniture, try to see the item in person if you can (safely, of course). Buying online is very convenient but it’s much easier to hide any serious damage in a photograph than in person. “I like to be able to touch the item and check it’s in good condition, so I’m not too keen on buying from online resources, unless they have an option for you to view it first,” says Bhavin Taylor, director of Bhavin Taylor Design.

And make sure you know all of your measurements – an absolute must for multiple reasons. “There’s usually no returns policy when buying second-hand,” Taylor explains,. “If you buy a piece that’s the wrong size, it’s likely you’ll be stuck with it.” So remember to measure your doorways and other access points first. “There’s nothing worse than buying something and not being able to get it through the front door,” adds Taylor.

Outdoor entertainment spaces will reign

Unsurprisingly given all the pandemic restrictions, there’s been huge interest in outdoor spaces. Houzz’s pandemic survey back in July showed that, hands-down, the garden was the area most of us wanted to improve, with 30% of those surveyed wanting to make upgrades. Homeowners have increasingly been searching for ‘summerhouses’, ‘firepits’, ‘hot tubs’ and ‘outdoor kitchens, which have all risen in popularity as search terms. We expect to see more of these features in gardens in 2021.

With amazing outdoor entertainments facilities this home was snapped up in 2020.

And it’s not just for summer – professionals on Houzz Pro report an increase in demand for designs that will allow them to use the garden later into the evening and year. “Since lockdown, we’ve seen a dramatic increase in leads through Houzz for our garden design business,” says Paul Dracott of Paul Dracott Garden Design. “People have rediscovered the importance of outdoor space and how it can enrich modern life. The most popular requests are for outdoor eating and cooking areas, including pizza ovens, and also for firepits to extend the use of the garden into the evening.”

Moving Home In Hartley Wintney

high street hartley wintney

Moving Up!

After 15 years at the 1 High Street Hartley Wintney, McCarthy Holden’s local branch is moving up to a prime position in the centre of Hartley Wintney village.

We will open our new Hartley Wintney branch in early 2021, after leaving our current branch in December. This move will mean we will have more people visiting our property showroom and best of all the vast spaces at the new premises will mean enhanced customer experiences, whether house hunting or selling / letting .

No running water, toilets, kitchen or electricity supply!

Because we are creating a new commercial unit from space which formed part of the And So To Bed showroom, it means there isn’t any running water, no toilets or kitchen and no electricity supply! Apart from these essentials the premises is perfect.

The scale of the work required to create an independent stand alone commercial unit means there is lots of work going on behind out temporary window displace and facia sign. Thanks to the efforts of local builders Perry Builders, progress is fast, but the weather is against us when it comes to exterior refurbishment and re-decoration.

The new address is 61 High Street, Hartley Wintney RG27 8NY. Our telephone number will stay the same.

We are very committed to a local shop front as part of our marketing mix and with an estimated 25% of sales still created by off street visitors, any agency relying on web only marketing is missing out.

We look forward to seeing customers visit in the new year and really look forward to normal accessibility once Covid is a thing of the past.

high street hartley wintney

Now that wasn’t Expected!

Unexpected-property-activity

The first week of Estate Agents being allowed to conduct house viewings has been a real eye opener, with the level of buyer activity much higher than anticipated which hopefully bodes well for a quick bounce back in the house market.

No doubt there will be some readers who will think, well you would say that wouldn’t you, in the hope of pepping up the market, but I can counter any such thought with some hard facts and examples, so here are a few case notes from the first week back.

New House Eversley – Under offer in three days

This fine new home by Aspire was placed on the open market on Monday 18th May at a guide £1,125,000.

By Thursday 20th May a sale was agreed to a proceedable purchaser.

Country House Eversley – Emerging Buyer Interest around £2.0m. guide

We took this property to the market a few weeks before lockdown, so viewings went on hold during the lockdown period.

Yesterday we had multiple viewings at the house and two offers have already been submitted. This home is typical of the kind of property that will be sought after in the emerging market of house buyers leaving London and other major towns and cities for rural living.

Do you have a country house for sale? We have a waiting list of buyers looking right now.

Right now the short to medium term outlook is positive and the biggest demand is for rural / semi-rural properties in all price ranges, but especially in the £1.5m. to £6.0m. sector.

So if you live in a country house and are looking to sell, this summer could be the best time to go to market. If you would like a free and confidential market appraisal contact your nearest McCarthy Holden branch.

Fleet – On £750,000 guide

With marketing help by way of a vendor inspired video tour during lockdown, this stunning detached house has gone under offer.

Blue Triangle, Fleet – Exchanged on guide £1.5m.

In just over one acre in one of the most desirable roads in Fleet, this imposing property was built by the renowned local builder Pool & Son in the 1930’s.

Fitzroy-Road-sold-fleet McCarthy Holden estate agents

As we said in last week’s market update, the prospect of house sales in the short to medium term is relatively easy to judge, because we are working with house buyers and sellers alike every day, so their motivations and the drivers of the market conditions are there for us to interpret.

House Viewing Protocols Working Well

The new way of conducting house viewings is going well, with strict social distancing protocols and excellent co-operation from vendors and purchasers alike.

Some of the social distancing protocols include the following.

• Only one viewer can be present at a time, no children will be allowed in a property (this is because avoiding the touching of surfaces is difficult with young children).
• The owner/tenant will leave property for the viewing.
• We will supply the viewer with disposable gloves and mask, subject to our supply allowing for this.
• The viewers will be allowed to walk around and asked not to touch anything.
• In order to maintain social distancing, the agent will not be able to enter every room with the viewer.
• When the viewing is completed, the agent will lock up the property and leave, then dispose of gloves and use hand sanitiser.

The House Market / Buyer Attitudes

We are impressed with the resilience of house buyers, who continue to remain upbeat about their moving plans. Furthermore, 95% of the sales arranged we had in place at the start of lockdown, continue to remain in place and in the past week many of those have moved forward to exchange and simultaneous completions..

Emerging Markets

In the last week there has been increasing signs of the biggest emerging market being driven by people wanting to leave London and other large cities or towns, to find a new home in a rural or village setting, yet remain within reasonable distance of London etc. That is a positive for the home owners we act for on the Hampshire / Surrey / Berkshire borders, especially those who live in property worth between £1.5m. and £6.0m. in our area of operation.

If you are selling a rural property, contact your nearest McCarthy Holden branch for a free and confidential property appraisal.

EMERGING MARKET PHOTO

The Weeks Ahead

Simply making hay whilst the sun shines!

 

John Holden – Chairman

Preview Property For Sale Finchampstead

WELLINGTONIA AVENUE PROPERTY FOR SALE FINCHAMPSTEAD

We are pleased to bring you a preview of this property in Wellingtonia Avenue, which is due to go to the open market soon at a guide price around £1,500,000.

Wellingtonia Avenue is a sought after area on the cusp of Crowthorne / Finchampstead in Berkshire.

Take A Video Tour of the Grounds and Setting

This character five bedroom house is set in beautiful grounds of around 1.5 acres and full details will be available soon. For now please take a look at the video tour of the grounds and outside of the property, and we will soon be able to access the property again to obtain interior photographs and video content.

This character home is in a prime location less than a mile from Wellington College.

You can always arrange to view early by telephoning 01252 842100.

Do you have a country house for sale?
We have a waiting list of buyers looking right now.

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