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PROPERTY VIEW


property VIEW August proves to be a record month


of the year but we have seen record levels of activity. It is true to say that pricing is still a factor and much of the activity is in the lower to mid end of the market. these good figures are mirrored throughout the region; I have spoken to a number of agents from the National Homes Network and The Guild of Professional Estate Agents who have all reported excellent figures for the month. What is slightly more concerning, however, is the lower level of enquiries and transactions in the first part of september. There could be a lull in activity due to people returning from holidays, children back to school etc. The end of September and October market can be one of the busiest times of the year, so agents are hoping to restock and have a good choice for buyers during these selling months. Lending figures over august have been steady as well, with


W


£16.6 billion lent during the month. There has been talk in the press recently of a ‘housing boom’ but I argue that the


e saw huge demand for proper ties in Dar tmouth over the August period which goes against the norm. August is usually one of the quieter months


By Richard Blake


housing market recovery to date appears fairly unexceptional in nature at least compared with that of the early to mid 90’s. What seems to have excited some of the media is the levels of activity compared to the last few years, where transactions have been generally at record lows. So all in all, the news on the proper ty front is encouraging; properly priced proper ty is selling and the near future looks healthy with a broad based recovery anticipated. The things to watch out for over the next few years are any


changes to stamp duty which has been mooted in the press and, of course, the Liberal Democrats mooted Mansion tax for proper ties wor th more than £2m. One impact to note, in the near future, is the roll out of the government Assisted Deposit Scheme which provides purchasers with a 20% deposit, 0% in- terest loan backed by a mortgage indemnity policy. At present the scheme is only available on new builds, but as of January it is available for all proper ty (although the government have changed their minds on second homes, I believe). It will be interesting to see what effect this has on next year’s market. Richard Blake 01803 832288


Ask Us SUPPLYING KITCHENS, FLOORING, DOORS, BATHROOM CABINETS & JOINERY TO THE TRADE PROFESSIONALS


HOWDENS DARTMOUTH Your Invitation


COLLINGWOOD ROAD, TOWNSTAL INDUSTRIAL ESTATE, DARTMOUTH, TQ6 9JY TEL : 01803 839205 EMAIL : dartmouth@howdens.com


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DARTMOUTH’S SECRET NO LONGER !!


to come and see our new showroom in Dartmouth which is full of exciting ideas for your new kitchen.


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.


FREE KITCHEN DESIGN SURVEY FREE PLANNING


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We offer a FREE DESIGN SERVICE and CAD PICTURES which enable you to see exactly what your new kitchen could look like.


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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


About Our October Deals


Collingwood Road, Townstal Industrial Estate, Dartmouth, TQ6 9JY 01803 839205 dartmouth@howdens.com


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