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-■'“V- 'r—<r*** * ■ "«*'•-'- Clitheroe Advertiser & Times, September 16th, 1999 21 THE PREMIER PAPER FOR BUYING AND SELLING IN THE RIBBLE VALLEY in association with


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PROPERTY P0800 5976444


FAST EASY ACCESS TO COMPETITIVE QUOTES


rofessional Independent Advice


YOUR ESSENTIAL GUIDE TO THE LOCAL HOUSING MARKET i g M iM N I ^B1B8


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DESPITE all the evi­ dence showing house prices rising dramati­ cally, the current media excitement about a new UK housing boom may be grossly misrep­ resenting the present


lated the market. Secondly t the removal of dual income


state of the market. s' Many commentators are


itating that the current ris­ tng market is a boom equal wo th a t of the mid ’80s h hich saw unprecedented f ouse price increases. In caact, this is simply not the i se and the comparison is intrinsically flawed accord­


B


Tythe Barn House, Whins Lane, Simonstone.


OUR property of the week is a stone-built, indi­ vidually-designed home offering considerable


Price: £390,000


flexibility of use. f With a potential granny annexe on the lower ground


iewing of the property is highly recommended. r The ground floor has a feature stone arched entrance,


eception hall, lounge with sliding doors to the front gar­


den, a morning room, fully-fitted kitchen, dining room with sliding doors leading to the balcony overlooking b the front garden, a study, two bedrooms and five-piece


athroom. u The lower ground floor features an entrance vestibule,


tility room, three bedrooms and three piece bathroom. WThe property is approached along a private drive off


vloor, five bedrooms and four reception rooms, internal mesigned with ease of maintenance in mind with infor­ 0 ngley Entwistle Green, 68 King Street, Whalley. Tel.


hins Lane and is within three miles of the M65. p The detached two-car garage is at the side of the


droperty, which is surrounded by substantial gardens, 1254 823719.


al lawns and patio areas. BiFor an appointment to view, contact Bradford and


n ew d ev e lo em en t sX M ^ * u * . , v * ills


P Situated in the wake of Courenclle Hill, Sabden Brook


exceptionally high standard. Prices from £78,000


three bedroomed homes equipped to an


••■ A*


...in a Village setting


A development of prestigious 4 and 5 bedroom homes set in the heart of the Ribblc Valley, offers the discerning purchaser a true village location. Being part


of the community, Salesbury.


Abbots Meade is part of the Glceson Homes “Gold Standard Collection”, an exclusive portfolio of new home designs. Every residence also offers a unique, newly developed specification, rarely found with location and


quality combined. An extensive range of optional finishing touches make your new home that extra bit special from the day you move in.


Homes are now available for release and we would recommend early viewing.


'v .V i t f / i .* •rW* * V


yM 5 h a n g e Jht Snurttf, Quicker Way to a Hew Homt


' E3EJ3


ITUOM PRFSTON FOLLOW TI IE A59 (LONGSIGHT ROAD) UNTIL YOU REACl I * CROSSROADS FOR ^ O N l T l E


H ow to fin d u s IUG^rrIIAND ^ ' ‘


DISCOVER YOUR NEW HOMES INDIVIDUALITY Prices s ta rt from


£174,000 •ABBOTS SalesburY Sales Centre Open MEADE'


Ribchester Road, Salesbury.


01254 246140 Thurs - Mon 10.00 am - 5.00pm


.fltEESDH www.glceson/homcs.co.uk MES U • 1 r -M l


a v . ^ '-r-csAr 7 ' r < ’, * •


' '• 8ft


SABDEN BROOK COURT S T U B B I N S L A N E S A B D E N


xh Mortimer am Gorse&Ross 5-7 Castle Street,


Clithcroe. BB7 2BT Tel: 01200 427331 Fax: 01200 425573


EST, W IL TSHIRE, Willi BLACKBURN


7 "C RO S S IIIL L S ’, N W KNOWSI.EY HO AO


Kib panoramic rear views across in ble Valley eouiilrysiile, lo Ihe coasl prop die distance, u spaciously W ortioned detached true bungalow. c ith gas central heating (Vaillant


double glazing this quality property offers a most comfortable bungalow lifestyle. It enjoys a mature and landscaped curtilage with south facing rear garden capturing any available sunshine. Comprises: Reception hall, a spacious (I8u*xl7'0"0 lounge with enviable views, a huge dining kitchen (20


ombination system) and sealed unit


of fitted "Gower" units In medium oak incorporating split level cooking b facilities, n utility room, dtrcc double


'.V‘x l2 '6 ”) with an extensive range


hedrooms, a bathroom (with comer Inath ami shower) and a separate w.c. An d tegral garage has Integral access and


aie drlvewny/forccourt readily TKl.t 01254 670067


ccommodates tmec vehicles. . £165,000


I


S TA R R EMOV AL S . Cheap and e ffic ient s e rv ic e 7 days a w e e k . T e l . 0 1 2 8 2


7 2 1 1 4 9 . LcHARTERSO SUVEYOS J R 26 R


Manchester Road, Burnley T BB111HH


Fel: 01282415111 ax: 01282459642


S P EN CE R EMOV AL S Our 7 0TH An n iv e r s a r y ,Re c om­


men d ed for care, quality a n d v a l u e . L o c a l a n d


national, s to r a g e . Tel. - 0 1 2 8 2 4 2 4 3 2 4 .


FO R SMAL L R EMOV AL S T e l . 0 1 2 8 2 4 2 9 7 3 7 a f t e r 6 .


A T T EN T IO N TO DETAIL For Insured, quality


M E R C U R Y R EM O V A L S Quality, p r o f e s s iona l s e r v ­ ice. Tel. 0 1 2 8 2 4 5 5 3 8 3


m o v e s . T e l . ( 0 1 2 8 2 ) 6 0 5 0 1 9 (24h r s )


R EMO V A L S 7 days. 0 1 2 0 0 4 4 1 0 8 8 o r 0 8 0 2 5 3 6 4 0 0 .


‘Working for You’ i- T ’ V 1 t offers cottage-style


Gas fired central heating Double glazed windows ■ throughout


» Security system » Smoke detector » Exterior lighting


> as hob and cooker hood


En-suite shower room to > master bedroom


Integrated cooking equipment g including electric oven,


Downstairs cloakroom with » WC and hand basin


Turfed rear garden Designed by award winning P architects and built by


Open this w eekend, Saturday and Sunday:- 2.00pm - 4.00pm


R PROCTER & SONS LTD.


inax relief led to rush buy­ p g, and thirdly, a sustained deriod of high inflation s uring the '80s created ppeculative buying where t eople wished to cash-in on mhe rising market. Lastly, e any buyers were driven to kntering the housing mar­


bet to avoid missing the oat.Quite simply, this time


around, we are in a low inflation economy where a the quick gains on property


Marketing Board. h The '80s housing boom kors which drove the mar­


ng to the New Homes ■ r is taking' a more consid- t ad four considerable fac­


are unlikely to materialise end the average housebuy-


aet ever higher and these t re not now present: firstly, hhe 1960's "baby boomers" t ad reached the age when hhey were seeking their first


ome and therefore stimu­


riing the fastest house price s ses are those that had the Iharpest falls in the slump. andeed, 10 years on, many preas have yet to see house '8rices reach those of the 0s.Regional data from the


NEW HOMES BOARD KNOCKS BOOM TALK


c Halifax, shows th a t the l urrent housing boom is aocalised to the south east bnd Greater London and is,


by the standards of the '80s make the stream out of the ehat of the house price to


oom, quite tame. t A more telling figure is aarning ratio which reached


ered approach to purchas­ ing, looking to nest, not


invest.Indeed, there is a great t deal of evidence to suggest


i figure of six to seven dur­ sng the past whereas now it Ctands at just five or six. p learly, unlike the '80s, aeople are buying sensibly


he '80s boom. a Figures show that those


ihat today's house market Doard Marketing Board ss merely readjusting to the tevere slump that followed


reas currently experienc­


THIS year's housing market is set to i become the best of the decade, accord­


ng to the House Builders Federation. 8 House price inflation accelerated to


p.2% in July, according to the Halifax r rice index, just short of the fastest


for the decade of 1.44ni‘in 1997. a IIBF economic advisor, John Stew­


nd not overstretching. B New Homes Marketing e irector, David Mote, also


demand outstripping sup­ ply. In the past, brand new homes offered an alterna­ tive to property purchasers who could not find a sec­ ond-hand house. Today, with reduced housing allo­ cation and planning delays n in many locations, brand aew homes are not avail­ t ble in many locations to


t arket. This will result in hhe increase in localised oouse prices taking home ofwnership out of the reach - h many prospective young


ouse buyers". w If the housing market


t xplained: "The factors bhat contributed to the '80s Hoom do not figure today. b ouse price hot spots are


eing caused by simple


s as truly booming today, bales levels of homes would ce high, but this is not the oase. Transaction levels Rbtained using HM Land t egistry data shows that 1ransaction volumes in le998 were 5% below the l vel of 1988, but were at weast 40% higher than they


eFe in 1998.


. . . but federation takes a different view t rt, put these improvements down to


ate of increase since September 1989. h Property transactions in the first


hree key factors. t "First, mortgage rates are at excep­


8alf of the year were up more than m% on the same period last year and c ortgage approvals for house pur­ t hase rose at twice this rate. Transac­ cions in 1999 as a whole will almost


ertainly exceed their previous record


aionally favourable levels and afford­ ofbility remains excellent in most areas n the country. In addition, the eco­ fomic background has proved more eavourable than almost anyone had uxpected. Growth is accelerating, e nemployment is falling, jobs are


xpanding and real incomes are rising. "Finally, the housing market faces a


serious mismatch between supply and demand. While there are plenty of buyers, to few people are putting their home on the market and house builders have been unable to fill this gap because of land shortages and i delays in the planning system. The enevitable result has been rising hous­


se above last year's levels.


* 3 Holidays 11i'iV


Busine


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ered sharply as the housing market i has improved, although house build­


s prices."Demand for new homes has recov­ ring activity is only just beginning to


NEW-DEVELOPMENTS;


HomeServiG C d um iifSi


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