PROPERTY VIEW property VIEW By Richard Blake, local estate agent
to mid september, although it is fair to say that the market has since quietened as by the Dart goes to press. With the weather forecast looking good for October, a month that is traditionally one of our busi- est, we are hoping for a busy selling autumn. Looking further ahead, things may be a little less rosy. the run up to a General election always has a negative impact on the property market, uncertainty being our worst enemy. We have also got the inevitable interest rate rises to come, which will clearly hold the market back. In the news recently is Labour’s announcement that
it would create a mansion tax on all homes worth £2 million or more to raise money for the NHs. the british Property Federation was among many critics of the move, which has been labelled by some as a political stunt. Other critics have said that the tax will pull in property-rich but income-poor people who have lived in homes for many years. It has been cal-
EXTENDED SUMMER BONUS W
the fantastic extended summer has brought house buyers out in their droves during early
culated that one in ten homes whose owners would have to pay the tax are in London but have just one or two bedrooms. About 86% of properties over £2 million are in Lon- don and the south east although of course in Dart- mouth, we do have some large waterfront properties that could also be affected. Yesterday evening on radio 4, shadow Health sec-
retary Andy burnham said the mansion tax would be introduced immediately on a Labour victory. He did however appear stuck for an answer when asked how the homes would be valued, saying only that there was already an internal government valuation service. With the party conference season upon us, I am
sure there will be more policy announcements made over the coming weeks as well as in the chancellor’s Autumn statement and I will update the likely impact on the local market in future editions.
COLLINGWOOD ROAD, TOWNSTAL INDUSTRIAL ESTATE, DARTMOUTH, TQ6 9JY TEL : 01803 839205 EMAIL :
dartmouth@howdens.com
SUPPLYING KITCHENS, FLOORING, DOORS, BATHROOM CABINETS & JOINERY TO THE TRADE PROFESSIONALS
to come and see our new showroom in Dartmouth which is full of exciting ideas for your new kitchen.
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To ensure our kitchens are fitted to the highest standards we supply only to professional trade account holders. If you haven’t already appointed a builder, don’t worry; we have many local tradesmen that we can introduce to you.
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Come and see the professionals right here on your doorstep.
SO WHY NOT COME AND SEE US IN OUR SHOWROOM AND HAVE A CHAT WITH OUR FRIENDLY AND KNOWLEDGABLE STAFF OR CALL US TO ARRANGE A HOME OR SITE VISIT. HOWDENS ARE TRADE ONLY SUPPLIERS AND IF YOU DO NOT HAVE AN ACCOUNT WITH US WE CAN SUPPLY YOU WITH A NUMBER OF TRADE PROFESSIONALS WHO WOULD BE HAPPY TO HELP YOU WITH YOUR IMPORTANT PROJECT. WE LOOK FORWARD TO HELPING YOU GET WHAT YOU WANT
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Collingwood Road, Townstal Industrial Estate, Dartmouth, TQ6 9JY 01803 839205
dartmouth@howdens.com
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