124 PROPERTY VIEW By Richard Blake of Winkworth Dartmouth Bouyant market despite all the bad news O


ver the past few months we have seen a good level of activity with plenty of property transac- tions taking place. This seems to fly in the face of


the national news with constant reports of difficult trading conditions. We are, of course, aware that the situation is volatile as the uncertainty over a Brexit deal continues. There are always certain properties that take longer to achieve a sale than others. Pricing is a factor although not the whole story with certain areas and locations attracting more buyers than others. Saying that, we have seen sales being agreed across the property price range in the town and surrounding villages, holiday and more residential areas included. The Government has just announced that apparently 120,000 first time buyers have benefitted from the recent Stamp Duty changes which is very good news and I believe continued assistance to first timers is essential to a healthy property market. The wonderful weather we have been experiencing can only help property sales as we reach mid-summer - activity levels are still reasonably strong with prices stable.


We have had excellent coverage in the national press recently with Dartmouth proving to be one of the most popular coastal towns in the UK and for good reason. I look forward to busy trading conditions for the rest of the summer. We have just heard today (2nd of August 2018) that in-


terest rates have risen for only the second time in the last 10 years; the rise was minimal - 0.25% - taking the base rate to 0.75%. This was widely anticipated and although the Stock Market is down, financial institutions seem to have taken the increase in their stride. It is amazing how quickly the lenders react when interest rates go up. The decision to raise the rate was taken at midday and at 1pm I had an email from my mortgage lender to tell me that my payments would be rising. Funny how this never happens when rates go down… Of course, this rise will come as good news to savers who have suffered over recent years. We should be mindful though that the last ¼ percent increase made very little difference to savers or borrowers alike. Rates are still historically very, very low and future increases are likely to be small and spread-out.


architectural & interior design


Refurbishment of apartment in Kingswear with amazing river and sea views from the bath


mbe, 1984 624847


17 Newcomen Road, Dartmouth, Devon TQ6 9BN - tel: 01803 834990


15 Silver Street, Wiveliscombe, Taunton TA4 2PA - tel: 01984 624847


e: info@geoffsellick.com w: www.geoffsellick.com


17 Newcomen Road, Dartmouth, Devon TQ6 9BN - tel: 01803 834990


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112  |  Page 113  |  Page 114  |  Page 115  |  Page 116  |  Page 117  |  Page 118  |  Page 119  |  Page 120  |  Page 121  |  Page 122  |  Page 123  |  Page 124  |  Page 125  |  Page 126  |  Page 127  |  Page 128  |  Page 129  |  Page 130  |  Page 131  |  Page 132  |  Page 133  |  Page 134  |  Page 135  |  Page 136  |  Page 137  |  Page 138  |  Page 139  |  Page 140