CHRISTMAS OFFER Subscribe to Somerset Life today CLICK HERE

Property News

PUBLISHED: 12:33 09 September 2011 | UPDATED: 21:37 20 February 2013

Sonia Matthews, Senior Lettings Manager, Greenslade Taylor Hunt

Sonia Matthews, Senior Lettings Manager, Greenslade Taylor Hunt

We take a look at the news in the Somerset property market this September

Property Problem Solver


Given the shortage of property available on the market, is it wise to get involved in a bidding situation?
Buyers of country houses are in a difficult position. Prices are largely static but theres a terrible shortage. The consequence is that for some of the most desirable properties, competition among purchasers is pushing the price above its real value.


Its easy to fall in love with a property and find yourself getting into a bidding situation with another purchaser, but in the current climate I would advise against it. Theres a strong likelihood that more property will start to come onto the market and supply will ease. Be prepared to walk away from a property if you think the bidding is getting out of hand. Make it clear that youre a good purchaser whether thats because you have cash, finances lined up, or anything that makes you attractive. Keep looking at other houses, and tell the agent thats what youre doing. The other interested parties may not be as attractive as the agent has implied or as attractive as you, and you may find that you are pursued by them the boot firmly on the other foot by now.


Amanda Ake, Stacks Property Search & Acquisition. 07974 809624, www.stacks.ake.co.uk



The right garden sells a house, but the wrong one can put people off. Gardens that require a great deal of maintenance, for example, will appeal only to the most green-fingered of house-hunters. Napoleon Wilcox, Webbers Fine & Country



Residential Lettings Strong in Somerset


While there continues to be general weakness in the housing market, quite the opposite applies to the residential lettings market, where there is clear evidence that the demand for rental property is outstripping the supply. There is undoubtedly a need for additional property to meet this demand and we anticipate an increase of private landlords entering the market, particularly when many investors have grown both impatient and, to an extent, fearful of investing in stocks and shares. It is important that any person considering letting their property or purchasing a buy-to-let property obtains the best possible information available in order to ensure the maximum return on their investment.


The choice of property is key to this exercise and we will be pleased to advise with regard to matters such as location, amenities as well as giving information on the various types of management level which we can provide. We know from our many years of experience that landlords require consistency and reliability from their Lettings Agent and to have confidence that their tenants have been properly referenced and the property is being managed correctly. If you are thinking of making an appropriate investment then do not hesitate to contact any of our offices for advice or an appraisal free of charge and without obligation.


Sonia Matthews, Senior Lettings Manager, Greenslade Taylor Hunt, 01823 337722 www.gth.net

0 comments

More from Homes & Gardens

Wednesday, September 26, 2018

As we head into Autumn, the change in season is all around us. From the leaves on the trees turning burnt orange and fiery red, to dark mornings and nights bookending our days. As we put the clocks back an hour to battle the darkness, here’s some top tips on how you can keep your home warm and costs down this Autumn.

Read more
Tuesday, September 18, 2018

An 18th century manor house, which played a pivotal part in the history of English poetry, is up for sale

Read more
Friday, August 31, 2018

Rural energy provider, Calor, gives some top tips for homeowners wanting to make their houses cosy and warm in time for the colder months.

Read more
Sunday, July 1, 2018

Residential property company heylo recently signed the Armed Forces Covenant, pledging its commitment to fair treatment and support to the Armed Forces community, including regulars, reserves, veterans and their families. The signing took place in a ceremony held at Wellington Barracks

Read more
Monday, June 25, 2018

Gardener and broadcaster Toby Buckland delivers his expert advice

Read more
Monday, May 21, 2018

We look at the people who are flying the flag for Somerset at this year’s prestigious Chelsea Flower Show

Read more
Thursday, May 3, 2018

From flower gardens and greenhouses, to allotments and endless cider, people from all over Somerset are invited to down tools and celebrate their gardens no matter what size, shape or form on May 13 for Somerset Garden Day

Read more
Wednesday, February 7, 2018

Add colour to your garden now with the top flowers of March and this season will be all the brighter

Read more
Wednesday, January 24, 2018

Houseplants are a hot interior trend at the moment and can completely transform a room - but they have their downsides! Gardener and broadcaster Toby Buckland delivers his expert advice

Read more
Thursday, December 21, 2017

Richard Cooke and his partner Michael Taylor knew they wanted to buy their home as soon as they saw the front garden bursting with life and colour, they tell Victoria Jenkins

Read more
 
A+ South & South West

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter

Our Privacy Policy


subscription ad


Topics of Interest

Food and Drink Directory

Subscribe or buy a mag today

subscription ad

Local Business Directory

Property Search