Summer and Autumn Sold Rush For House Sales

sold board outside property

Will 2018 end well for house sales?

During the first six months of 2018 the level of house sales across the UK were running at a fairly poor level, but now the second half of 2018 is bouncing back with house sales on the up again.

Property sale agreed in Fleet by McCarthy Holden
A quick sale was recently agreed on this £1.85m. guided property in the Blue Triangle Fleet

When we say house sales are on the up, we are talking about house sale volumes not prices.

The market in residential sales remains very price sensitive, which is why discerning house buyers are seeing the current market conditions as an opportunity to move whilst prices remain static. The news for house sellers is that you can and will sell successfully in today’s market, but don’t expect a fancy or inflated price.

Large house price gains are gone for a while, but like all markets when they rebound from a low they come back with a sharp and fast uptake. Savvy buyers know this so are active in the market now.

Property sold in Odiham by McCarthy Holden
This cottage in Odiham was snapped up and exchanged when guided £850,000

A turning point this Summer and Autumn

Summer and Autumn trading results on house sales are showing high levels of properties going through to exchange of contracts and new sales being agreed quickly if the price and marketing combination is right.

Take this property below, which had offers within ten days of going to the market with professional video marketing and an eye catching price.

House sales exchanges have been increasing with examples across the price ranges, with the exception of the still soft £2.5 plus market which will no doubt catch up in due course.

There have been encouraging sales just under £2.0m. such as the example below.

Property sold in Finchampstead by McCarthy Holden
Sold (exchanged) just under £2.0m. in Finchampstead, Berkshire

Tragedy comedy or soft landing

We are of course reminded of the phrase All’s well that ends well, which is a title from a play by William Shakespeare, thought not to be neatly classified as tragedy or comedy. Lets hope for the residential house market its neither and 2018 ends well for house sales.

If you are looking ahead to a house sale in 2019, why not ask for a free no obligation valuation for McCarthy Holden.

New Home In New Year 2019

cgi image of proposed new homes at Shapley Grange Hartley Wintney

Fine Homes At Shapley Grange

This prime site in Hartley Wintney, will be one of the finest developments on the outskirts of this sought after Hampshire village.

Prices are to be released in early 2019, and the estimated range will be around £500,000 to £1,100,000. There are only 7 homes being built at Shapley Grange and if you are in the market for a quality new home, then please do contact our Hartley Wintney branch and ask them to keep you posted about this site.

site plan of proposed new homes at Shapley Grange Hartley Wintney
Proposed site layout
cgi image of proposed new town houses at Shapley Grange Hartley Wintney
The proposed cottage style terrace houses at Shapley Grange
cgi image of proposed new homes at Shapley Grange Hartley Wintney
There will be 4 luxury home on this exclusive site

King William Court, Hartley Wintney

King William Court in now completed and the luxury homes are now occupied by new home owners, who will no doubt enjoy a first Christmas there as well as enjoy the seasons festivities in nearby Odiham and Hartley Wintney villages.

The early video marketing was a great success, with 731 people viewing the video content. 

Winchfield Lodge, near Hartley Wintney

Winchfield Lodge is an example of obsessive attention to detail, and Kirkby Homes have produced a period property refurbishment on a truly grand scale.

Winchfield Lodge Property
14 Winchfield Lodge

Winchfield View, near Hartley Wintney

With beautiful homes from around £500,0000 to £1,750,000, we haven’t been short of buyer interest and reservations on this site.

The developer is currently delayed with off site local authority infrastructure works for mains drainage from nearby roads around Phoenix Green. This means completion dates are behind schedule, but new buyer interest can look forward to 2019 as an ideal time to move to one of these fine homes.

For further details telephone our Hartley Wintney branch on 01252 842100

Rental Preview of Hampshire Period Property

Due to the market soon

Full details and more photographs will be available soon about this country rental opportunity.

If you are in the market to leave London and experience country life, yet remain connected, then this character period property could be an excellent choice.

The anticipated guide price is £3,800 p.c.m.

Leave London for period house rental

Located on the Bramshill / Heckfield borders nearby to the sought after village of Hartley Wintney, this property offers substantial living space.

rear view elevation of period house rental in Hampshire
rear elevation - front view to follow soon

Accommodation features 5 bedrooms, with the master bedroom benefiting from an en-suite bathroom / shower room. There is also a stunning family bathroom on the first floor.

Master bedroom of period house rental
Master bedroom
Bath tub at period house rental
Family bathroom

On the ground floor accommodation includes a substantial kitchen / breakfast room, a fine living room, a study, a music room and gym room.

Living room of period house rental
Living Room
Kitchen in period house rental
Kitchen / Breakfast Room

Contact the Hartley Wintney branch of McCarthy Holden for further details. Telephone 01252 842100

Small Trees for Small Gardens

As gardens become smaller, trim trees can be just the ticket, says Hannah Stephenson. Small trees are in high demand, with suppliers increasing production in compact varieties - including crab apples, which bear beautiful spring flowers, and Vossii laburnums, with their upright forms and disease-resistant characteristics.

best trees for small garden

Trees provide structure, screening and shade, as well as colour which continues through the season, creating a sense of enclosure, their height drawing the eye up and out and helping link land with sky – and if you choose wisely, there’s no reason why having a dinky outdoor space should stop you introducing them.

Your tree needs to earn its space in a small garden, so look for one with year-round interest: A tree that blossoms for a week in spring but then looks ordinary for the rest of the year really won’t do.

In really tight spaces, you may be better off with a trimmed and trained plant, either in the ground or in a container, while carefully shaped topiary can also create an eye-catching focal point.

Here are five good examples to consider…

best trees for small garden

1. Amelanchier

Amelanchiers have featured heavily in garden shows in the past couple of years, as designers have displayed their value as choice trees for confined spaces.

Amelanchier lamarckii (10m x 12m), the snowy Mespilus, is often grown as a multi-stemmed showstopper but can also be trained as a light standard. Starry white flowers cover its branches in spring, at the same time as its bronze foliage is opening, while in autumn the small leaves often turn to fiery red and yellow.

They do best in acid soils, so plant them in ericaceous compost. These tall, slender shrubby trees make great subtle screening.

best trees for small garden

2. Flowering dogwood

Flowering dogwoods are long-season stalwarts, their star-shaped blooms appearing in late spring, followed by fantastic leaf colours of reds and oranges in autumn, and strawberry-like fruits which persist into winter.

Good varieties include Cornus kousa (7m x 5m), which bears spreading branches smothered in creamy white blossom in early summer and deep-pink bracts in late spring and orange leaves in autumn, and Cornus mas (5m x 5m), the Cornelian cherry, a small spreading variety which comes into its own in winter when clusters of yellow flowers smother the bare branches.

best trees for small garden

3. Laburnum x watereri ‘Vossii’

These elegant small trees, which produce long chains of brilliant yellow flowers in May and June, are perfect for training over an arch or pergola when branches are young and pliable.

Gardeners can remove the poisonous seedpods to help improve flowering next year. Just be aware that all parts of the plant are very poisonous, so this is not a child-friendly choice.

They’ll grow to around 8m x 8m and can tolerate poor and shallow soil. Laburnum can also be grown in large tubs, forced early into flower. Arguably the best for this is L. anagyroides var. alschingeri.

4. Crab apple (malus)

Flowering crab apples produce a double whammy of eye-catching blossoms in spring, followed by attractive fruits in autumn.

A good variety is ‘Evereste’ (8m x 8m, but slow-growing), which bears a puff of white and pink fragrant flowers in spring which are a magnet to bees, followed by orange-yellow fruits which can be made into jam.

The slow-growing Japanese crab, Malus Floribunda, is also less vigorous, its horizontal branches covered in crimson buds in the spring, which open to blush-pink and white scented blooms. The advantage of malus is that you can control their size and shape, like a fruiting apple.

best trees for small garden

5. Acer palmatum (Japanese maple)

These stunning stars of the show grow equally well in pots, if you only have a courtyard space and need to keep their size in check, or in the ground to create colour and add structure to a scene.

Mix a combination in different pots to create a range of stunning contrasting autumn colours, including Acer palmatum ‘Bloodgood’, which bears rich red-purple foliage from spring to autumn, Acer palmatum ‘Sango-kaku’, whose leaves open orange-yellow in spring, and Acer palmatum var. dissectum, whose finely cut mid-green leaves turn golden in autumn.

Plant them in full sun and try to avoid really exposed areas, where their delicate foliage may be damaged by icy winds. If you’re planting them in a container, use compost consisting equal parts of John Innes No. 2 potting compost and a soil-less multipurpose, with plenty of drainage in the base.

best trees for small garden

Your garden adds value both your property and your lifestyle. To check you are maximising the financial potential with your garden, contact you local branch for an up to date valuation: https://www.mccarthyholden.co.uk/branches/

Kevin McCloud: 5 Of The Easiest Ways To Make Your Home More Eco-friendly

Kevin McCloud: 5 Of The Easiest Ways To Make Your Home More Eco-friendly

Kevin McCloud eco friendly property tips

By Abi Jackson, Press Association

Want to up ramp up those green efforts? Grand Designs’ Kevin McCloud tells Abi Jackson his top tips.

Trying to be a little more planet-friendly? Like most things in life, it starts at home – but knowing where to start or whether your efforts are worthwhile, can be tricky.

“It’s easy to think of being planet-friendly as something we can buy, which often just adds to the problems of environmental damage,” says Grand Designs presenter and home-style guru Kevin McCloud.

“There’s no doubt that, by contrast, the correct things we should be doing are: A) changing our behaviour, which is hard; B) consuming less, which is hard to get used to; C) sharing our resources more, which is often annoying, and D) thinking ecologically about our wider environment, which is very hard.

Having said that, there are some accessible ways of making our homes more environmentally responsible.”

Wondering what those are? Here, McCloud shares five “easy” ways to make our homes more eco-friendly…

Kevin McCloud eco friendly property tips
  1. Rely less on central heating

“Start with the simple things, like turning the thermostat down to 18 or19 degrees rather than 21, putting on an extra pullover instead, makinga hot water bottle at bedtime, and buying some slippers.”

  1. Go for straightforward insulation methods first

“We could all probably insulate our attics more, draught-proof our windows and doors, and maybe fit secondary or double glazing. Insulation may not seem sexy, but it’s much cheaper and delivers quicker cash and energy savings than solar panels or a heat-exchanging thermo-dynamic hybrid heat pump with go-faster stripes,” says McCloud. “Men, I’m afraid, tend to be seduced more by kit than reason. If you find yourself using the word ‘tech’, be wary – my bitter experience is that the more complicated you make your home, the more there is to go wrong.

“Make sure your home is fully insulated with good airtightness and simple ventilation systems. It’s called a fabric-first approach. Only then should you consider the bolt-on technology.”

Kevin McCloud eco friendly property tips grey decor parquet floor
  1. Check out new glazing technologies

“New glazing technologies fascinate me,” says McCloud, “because the windows in our homes are effectively holes through which heat pours. Metal coatings on glass and vacuum-extracted systems, like Pilkington’s Spacia, deliver excellent performance – I’m trialling them to see how they perform over time.”

  1. Be mindful of where things come from and how they’re made

“When I buy free-range tomatoes or FairTrade toothpaste at the supermarket, the product is usually accompanied by a little story and some pictures of the people that made it. Lovely. That makes me feel good and I’m comforted by the legitimacy of the endorsement of the Soil Association, or whichever. Knowing where your meat comes from, who grew it, and its full ‘chain of custody’ weirdly seems to improve the flavour too – so I’m a champion of authenticity and the true narrative of things, because it connects the people who make things to the people that consume them, and seems to damage the planet and all its species a little less along the way,” says McCloud – and he extends the same principles to items he buys for his home.

“Britain is still the largest importer of illegal (illegally felled that is) timber and timber products in Europe, which is shocking. I wrote my book, The Principles Of Home, to partly address all this; it’s shameful that when you or I buy a sofa, some curtain fabric, a pair of jeans or a dining table, there is virtually zero information about the welfare conditions in the factory where it’s from, the chemicals used in manufacture, or the damage wreaked on the environment in its making.

I’ve now started asking retailers for the full story of what they sell, and I suggest you do the same every time you buy something.”

  1. Tap up the experts

“If you’re designing a house from scratch, talk to an architect who’ll understand designing for orientation, passive solar gain, maximum winter sunlight, shading and minimum summer overheating. You can design in thermal mass with heavy concrete floors or earth walls, humidify and cool the airflow through the house with a buried air-duct or a pond outside a window, allow hot air to be purged through a skylight at the top of the house and allow for some cooling cross-ventilation. There. Easy. So speak to an architect.”

Kevin McCloud eco friendly property tips

Kevin McCloud will be appearing at Grand Designs Live at The NEC, Birmingham, from October 10-14, 2018. To claim your free pair of weekday tickets, visit granddesignslive.com and use code PRESSASSOC. Offer live from September 25 until October 5. T&Cs apply. For details, see granddesignslive.com/whats-on/1228-t-c-s

To discus the impact any of these or other improvements may have on your property value, please call your local office – details can be found here https://www.mccarthyholden.co.uk/branches/

A First Look At Commended Images From Wildlife Photographer Of The Year 2018

At McCarthy Holden we strive to deliver great photography and video content for property marketing, so this is a welcome opportunity to preview a selection of shots which have been released in the run-up to the popular exhibition. Sarah Marshall recommends where to go to see the action for real.

Covering every corner of our magnificent natural world, the Wildlife Photographer of the Year competition always generates interest, envy and debate. Some images are beautiful, others are chilling – but they always tell an important story.

While the winners won’t be announced until October 16, several commended shots featured in the exhibition have been released.

Many of them were taken in locations accessible to the public and feature on the holiday itineraries recommended below…

meer cats

The meerkat mob by Tertius A Gous

Where: Brandberg Mountain, Namibia

What: When an Anchieta’s cobra reared its head and moved towards two meerkat pups, the rest of the pack foraging nearby reacted almost instantly. Rushing back, the 20-strong group split into two: One group grabbed the pups and huddled a safe distance away, the other took on the snake. Fluffing up their coats, tails raised, the mob edged forwards, growling. When the snake lunged, they sprang back. This was repeated over and over for about 10 minutes.

How: Exodus (exodus.co.uk) offer a 15-day Discover Nambia camping escorted trip, including a visit to Brandberg Mountain, from £2,479pp, with various departures.

lion

Cool cat by Isak Pretorius

Where: South Luangwa National Park, Zambia

What: This lioness drinking from a waterhole is one of the Mfuwe Lodge pride. Lions kill more than 95% of their prey at night and may spend 18 – 20 hours resting. Though lions can get most of the moisture they need from their prey and even from plants, they drink regularly when water is available.

How: Expert Africa (expertafrica.com) offer a tailormade 9-night Civet Safari to Zambia, including a stay at Mfuwe Lodge, from £4,623pp. Flights extra.

walrus

Mister Whiskers by Valter Bernardeschi

Where: Svalbard, Norway

What: On a bright summer’s night, these walruses were feeding just off anisland in the Norwegian archipelago. The photographer put on his wetsuit and slipped into the icy water. Immediately, a few curious walruses – mainly youngsters – began swimming towards him. Walruses use their highly sensitive whiskers and snout to search out bivalve molluscs (such as clams) and other small invertebrates on the ocean floor.

How: Aurora Expeditions (auroraexpeditions.com) offer an 11-day Svalbard Odyssey cruise from £4,000pp, including the opportunity to go polar snorkelling (£411pp). Flights extra. Departures on July 15 and 25, 2019.

wild dogs

Ahead in the game by Nicholas Dyer

Where: Mana Pools National Park, Zimbabwe

What: A pair of African wild dog pups play a macabre game of tag with the head of a chacma baboon – the remains of their breakfast. The endangered African wild dog is best known for hunting antelopes, such as impalas and kudus. But over the past five years, this pack has been regularly killing and eating baboons – highly unusual, not least because baboons are capable of inflicting severe wounds.

How: Wildlife Worldwide (wildlifeworldwide.com) offer a tailormade 10-day Zimbabwe Highlights tour, with a stay in Mana Pools, from £5,995pp including flights with various departures.

pygmy goby

Glass-house guard by Wayne Jones

Where: Mabini, Philippines

What: On the sandy seabed off the coast of Mabini, a yellow pygmy goby guards its home – a discarded glass bottle. It is one of a pair, each no more than 4cm long, that have chosen a bottle as a perfect temporary home. The female will lay several batches of eggs, while the male performs guard duty at the entrance.

How: Dive Worldwide (diveworldwide.com) offer a 10-day Philippine Secret Dive Safari from £2,095pp, including flights. Various departures from March to May.

The Wildlife Photographer of the Year exhibition runs at London’s Natural History Museum from Friday, October 19 until summer 2019. Tickets cost £15 for adults, £9 for children. Visit nhm.ac.uk/wpy

GIOVANNA FLETCHER: ‘How I Created a Nursery for Baby Number Three’

The author, blogger and wife of musician Tom Fletcher shows Gabrielle Fagan how she put together a ‘rocking’ nursery for their new son, Max Mario.

nursery, decoration, Giovanna-fletcher, interior design

“Welcome to the world, Max Mario Fletcher,” Giovanna Fletcher proudly declared on Twitter, celebrating the birth of her third baby this August.

Now, she’s delightedly showing off the beautiful nursery she’s created for him in the home she shares with musician husband, Tom – of McFly and McBusted fame – and their other sons: Buzz, four, and two-year-old Buddy.

The bestselling novelist and podcast guru worked with online interiors specialist, Wayfair.co.uk, to revamp a bedroom and transform it into an airy, gender-neutral, tranquil space ready for the family’s newest arrival.

nursery, decoration, Giovanna-fletcher, interior design, retro-prints

“I really wanted to freshen up the space, as it’s not been redesigned since it became Buzz’s room four years ago and it looked really tired and worn,” explains Giovanna, 33. “I wanted a clean space that felt homely and calming but full of sweet details and practical, affordable picks. It was important it was gender neutral as we didn’t find out the sex before he was born.”

“The jungle-themed wallpaper is stunning and adds so much to the space, while also being neutral. I really love a statement design,” Fletcher enthuses. “We have flamingos in the downstairs loo, an intricate story-based design in the boys’ room and then full on ‘flower power’ in my office.”

“The teepee tent (Hokku Designs Play Tent, £136.99, Wayfair) is gorgeous – such a unique but affordable touch,” she adds. “I can really imagine him lying in there and taking it all in.

nursery, decoration, Giovanna-fletcher, interior design, wigwam

“There are also so many textures to explore with the cushions, throws and rugs, and the muted pastel shades help make it all look so beautiful.”

“I’m also really happy with the wardrobe and changing unit. Babies come with a lot of stuff,” says the new mum. “Being the third child, this baby is inheriting a fair few clothes, so it’s good to have somewhere to put it all.”

The Fletchers have a busy lifestyle. Giovanna writes romantic fiction and blogs about life as a mum – plus there’s the Happy Mum, Happy Baby podcast she hosts; she documented her third pregnancy throughout, sharing details with her social media fans. As well as performing and touring with his bands, guitarist and singer-songwriter Tom also writes – children’s fiction – and this year saw the couple publish Eve Of Man, the first book in a trilogy they’re co-writing.

“We moved into our house 12 years ago, when we were only 21 years old, and kept it just as it was initially,” reveals Fletcher – Tom and Giovanna were childhood sweethearts after meeting aged 13 at the Sylvia Young Theatre School, and married in 2012.

“We bought a show house, which was great for us at the time as it was hassle-free and looked stunning,” she recalls. “But as time went on, we realised it didn’t really show off our personalities or interests.

nursery, decoration, Giovanna-fletcher, interior design, nursing chair

“About two years ago, we decided to make some upgrades – the house is now a collection of the things we love.” There’s a music room for Tom, 33, and one end of their spacious lounge converts into a cinema space.

“Having children also forced us to look at our home differently. Before we became parents, we did a first aid course which led us to an extensive ‘risk assessment’ in the house. It completely freaked us out, and made us view everything as a potential threat,” Fletcher adds, laughing.

“So glass went, any sharp corners were frowned upon, stair gates went in and locks were fitted on locks!”

nursery, decoration, Giovanna-fletcher, interior design, storage

She feels that since the redecoration, they’ve been able to have more fun with their space.

“Growing up, I can remember being told off about doing anything that might damage the carpet, sofas or breakables. Our boys still have to be careful, of course, but I’d say our style has become more family-friendly,” Fletcher reflects. “Children take over and there’s not a single room that doesn’t contain some sort of child-related item! But I like rooms to reflect some personality, while being inviting and cosy.

“Our home’s colourful, warm, inviting, cosy, inspiring and calming, depending on where you are in it. It’s also practical. I’m not one for useless faff.”

8 Tips for Giving your Garden a Late Summer Spruce-up

end-of-summer, garden-tips, autumn-preparation

As the season draws to a close, it’s time to clear patio debris, replace tired plants and restore order to your outdoor space. By Hannah Stephenson.

Back from your summer travels? Are your hanging baskets looking a little sorry, your pots pathetic and your borders brimming with weeds? Here are some easy but effective garden tidy-up tips…

  1. Save it

Save what you can, deadheading late-flowering blooms in borders which may come back to life. Perennials which have finished flowering can be cut back but will come back to life next year. Established trees and shrubs won’t generally have been damaged in your absence.

  1. Ditch it.

If your hanging baskets and pots of annuals have completely dried out, take them down and empty the contents onto the compost heap. Keep your spirits high by buying spring-flowering bulbs and, if you want late colour, pop into the garden centre to find some.

Good plants which will bring colour at this time of year include asters, chrysanthemums and nerines, along with rudbeckias and sedums. Plant some in the pots that are now free from wilted summer annuals.

end-of-summer, garden-tips, dead-heading
  1. Tend to the lawn.

With the hot summer we’ve had, the lawn might be looking like hay and shouldn’t need cutting. If it has grown substantially though, leave the blades on the highest setting for the first cut, reduce the height at the next a few days later, and then cut at the normal height. You’ll be surprised how much tidier the garden looks when the lawn has been mown. Take time to tidy up the lawn edges using edging shears.

  1. Lose the weeds.

Look over your beds and borders and if weeds have sprung up, then get rid of them quickly. Seeds shed at this time of year, which means more work later on. Keep on top of deadheading, otherwise the flowering will not continue as long as you’d like.

  1. Harvest now.

If you have a vegetable patch, harvest as much ripe produce as you can now, to stop the veg running to seed or becoming over-ripe. You can blanch (immerse in boiling water) and freeze many veg, including green beans and sweetcorn, so you don’t end up wasting what you pick.

Immerse the vegetables immediately into a bowl of iced water after blanching, to stop them continuing to cook. When cool, lift the veg from the iced water, spread out on a kitchen towel and pat dry to remove excess moisture. Pack loose vegetables in resealable plastic bags or other containers. Vegetables suitable for freezing include beans, broccoli, cauliflower, corn, peas, spinach, Swiss chard and summer squash. Even tomatoes can be frozen whole and then used in sauces and soups later on.

end-of-summer, garden-tips, autumn harvest
  1. Clear space for new crops.

Find time to clear vacant rows in the veg patch and refill them with autumn and winter crops as soon as you can.

  1. Put away pots for winter.

If you have empty pots you’re not going to use again this year, clean them with diluted disinfectant and stow in the shed for winter. That way, terracotta won’t crack and other vulnerable pots won’t perish when the frost comes. Also, remove and put away stakes which propped up plants which have now been cut back.

end-of-summer, garden-tips, pots
  1. Plan for next year.

Take time to write a list of what you are going to include and exclude in your plantings next year. Look for gaps you’ll need to fill in borders next season, and maybe extend the season by planning to plant some perennials which provide late-summer colour.

end-of-summer, garden-tips, dead-heading

New Bill would fail Tenants and lead to rent increases

A new Bill has been introduced in Parliament, which is seeking to abolish letting agents’ fees charged to tenants. The Renters Rights Bill had an unopposed second reading in the House of Lords recently. 

One of the aims of The Bill is to amend the Landlord and Tenant Act 1985 by stopping letting agents from charging tenants or prospective tenants set up fees, inventory check-in/out fees; credit checking fees or renewal fees.

Well intended as this may be, the reality is that these costs won’t go away so landlords will have to bear the brunt of these costs initially and are likely to pass them on to tenants through higher monthly rental amounts. There is a wide range of fees being charged by agents and we recognise that the intent behind the Bill is to make letting easier for applicants by lowering the initial costs involved. With the tenant set up fee for example, at McCarthy Holden we charge tenants £390 including vat per property which includes not only credit checking of tenants but the associated paperwork and tenancy agreement. Having looked at other letting agency websites this is extremely competitive when some other agents are charging significantly more.

The tenant set up fee is contributing to the costs of a vitally important job which has to be undertaken before a tenancy is finally agreed and entered into. It covers referencing tenants (identity, immigration and visa confirmation,  financial credit checks, obtaining references from current or previous employers/landlords and any other relevant information to assess affordability) as well as contract negotiation (amending and agreeing terms) and arranging the tenancy and agreement.

The new Private Member’s Bill would apply in England only and has been introduced by Baroness Grender, a former director of communications for Shelter. It appears that at the heart of her argument is the belief that Letting agents should not be able to get away with double charging fees – imposing them on both tenants and landlords – when in fact it is only the landlord that is the client and therefore the one that should be paying. There is, of course, some logic in this view, however, don’t be misled in to believing it will reduce costs for tenants, because if the logic is followed and the landlord has to shoulder the pre-tenancy costs then you can be sure of one thing and that is the landlord will pass these cost on to the tenant by way of the rental level.

We believe a recent counter view  was taken by Government spokesman Viscount Younger of Leckie who said: “The Government is clear that the vast majority of letting agents do provide a good service to tenants and landlords and that most fees charged do reflect genuine business costs.” (Source Eye).

McCarthy Holden lettings director Nicola Bremner believes that it is imperative a balance is reached between reasonable charges for the work carried out by Letting Agents. ‘it is not just a matter of printing out a tenancy agreement and allowing people to move into a property, with an ever-increasing amount of legislation that must be adhered to, the service provided by your letting agent is increasingly important to ensure both landlords and tenants are aware of their obligations.”

If you are a landlord or tenant and need professional insight into the residential lettings market legislation then contact our experienced lettings agent team.

House prices to fall and don’t forget WW3!

There might be a hint of misplaced pessimism and something slightly odd about Chancellor of the Exchequer  George Osborne’s  announcement that house prices will fall by up to 18% on a Brexit, given that his help to buy scheme pushed prices up, then stamp duty changes in 2014 pushed high-end house prices back down and more recently the buy to let March stamp duty changes have just triggered another blip in the market which in itself could impact on prices in the sub £300,000 sector. 

He appears to love the prospect of a decline in house prices and you would be forgiven for assuming he is one of the most left-wing Chancellors imaginable, yet nothing is being done to tackle the real problem of creating enough supply of house builds to satisfy the need for property to buy or rent.

Looking back over the years when a truly sizeable drop off in house prices has occurred, it has in all cases been to do with significant events on a global scale, from the 1974 old crisis with three-day working week in the UK through to more recently in 2008 with the worldwide banking crisis. I am not sure a Brexit will be in the same league and indeed in a recent poll of real live buyers on McCarthy Holden’s books 88% of buyers said the EU referendum outcome would make no difference to their buying plans. They need to move and there is not enough house stock choice or availability.

So will house price drop by 18% on a Brexit?

They could, but they could also go up and then, of course, there is the world war three that George and David think could also happen and in those circumstances, property prices would be the least of our worries.

John Holden

P.S. Just a bit of fun about the use of fear, overall impressed with George Osborne’s management of the wider economy but yet to be convinced about his house price predictions.