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RESIDENTIAL SALES COMMUNITY
RICS: Buyers up, Shostakovitch in south London
Who goes
sellers down
the community. Opening the
festival is Maja Bogdanovic, a
where...
Rising buyer interest is fuelling prize-winning Serbian cellist
greater sales activity in the making her British debut. QUEST APPOINTS NEW HEAD
housing market but changes to She will play Shostakovich’s OF BUSINESS DEVELOPMENT
HIP rules have lead to a sharp drop first Cello Concerto at St Quest, suppliers
in new instructions. Bartholomew’s Church. of Survey &
It is mixed news in the latest Property World, a key Mortgage
RICS report but an increase in supporter of the Sydenham Valuation,
sales to stock ratio for fourth Society, offers free Home Report
consecutive month suggests that membership to buyers. and Energy
prices could stabilise later in the Richard Crowley, Director said, Performance Certificate (EPC)
year. New buyer enquiries have “As a local, family run estate markets, has appointed risk
now increased for six months in a agency we are delighted to be analysis and financial market
row with the positive net balance Sydenham estate agency able to support community specialist Andy Coles as Head of
in April climbing to its best level Property World, is, for the third events, which help boost Business Development. Andy will
since August 1999. year running, to sponsor the the range of cultural events be working with mortgage lenders
There is also more evidence that Sydenham International Music available to local people. The to support anti-fraud initiatives
the higher level of buyer interest is Festival. The festival promotes Sydenham International Music and programmes by integrating
feeding through into actual sales. numerous concerts across the Festival is an incredible event, Quest’s Q-Guard fraud analysis
Newly agreed sales, measured on town and brings the top scale which brings fantastic musical and prevention tool into lenders’
a net balance basis, rose over the professional classical music to entertainment.” mortgage valuation processes.
month as did the average sales
per surveyor series. The big ‘but’ SPICERHAART NEW DIRECTOR
though is that new instructions
AUCTIONS
to sell property continued to
To the Manor born? Bid on this!
fall sharply. Anecdotal evidence
suggest the fall in new vendor Bidders will soon be angling to very well tended walled kitchen
instruction this month is due to the secure a star lot as a Wiltshire garden, and there’s also a modern
change in the rules governing HIPs farmhouse that has not been farm building that has potential
that were introduced on April 6. on the market for 76 years is for equestrian use. Living in a
auctioned in Swindon. grand style would be perfectly
Avon View Farm, near feasible. The house has a sweeping Spicerhaart has appointed a new
LEGAL
Trowbridge, is a Grade II listed driveway to the front and there’s Business Relationship Director.
OFT bans
stone built farmhouse with eight a separate driveway to the south Alison Beech will concentrate on
bedrooms, set in 51 acres of land giving access to the farm buildings advancing customer relations and
estate agent
that goes down to the banks and land that come with it.” strengthening Spicerhaart’s links
of the River Avon (fishing rights Avon View Farm is offered with key players in the property
The OFT has issued included). individually or in three lots at the and related financial services
a prohibition order “It’s a fascinating house with Hilton Hotel, Swindon, on June industry.
banning a Croydon great potential for the buyers,” 10. Guide prices: £800,000 to Alison said, “I am extremely
estate agent from says Carter Jonas auctioneer £850,000 for the house and land pleased to be joining such a well
estate agency work after she Kit Harding. “The house stands that accompanies it and £30,000 respected, fast moving business
failed to disclose a personal in mature gardens, including a to £35,000 for the two lots of land. and talented team.”
interest in the sale of a
property. LANDLORD IS APPOINTED
Marcia Whyte who ran TO NLA BOARD
Executive Estates, Brighton Sussanne
Road, South Croydon, failed to Chambers, a
disclose to a potential vendor, Worcestershire
promptly and in writing, that landlord for
she was seeking to acquire 21 years and
his property. An adjudicator a Fellow of the
found she also failed to Chartered Institute of Marketing,
disclose her personal interest has joined the board of the
to a potential purchaser National Landlords Association.
to whom she intended to Sussanne says that she believes
re-sell the property. Had the the changes in the sector are
transaction proceeded Ms exciting and present a great
Whyte stood to make a secret opportunity for landlords. “So often
profit of £65,000. In addition, change is perceived as a threat,
the estate agent received a but I take a different view. I speak
deposit from the potential to many landlords at events across
purchaser, even though doing the country and the overwhelming
so is unlawful where an agent majority consider professional
has a personal interest. development to be critical.”
PROPERTYdrum JUNE 2009 9
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