Property in Surrey, Estate Agents, Letting Agents

May
01

Million-pound home sales cool down

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The number of homes that sold for more than £1million fell 5 per cent last year – the first annual fall in million pound-plus property sales since 2009. There were 6,911 homes sold for at least £1million in the UK last year, compared to 7,256 in 2010. This is in stark contrast to the same report a year earlier, which saw a 55 per cent increase in £1million property sales in 2010 from the year before, the research by Lloyds TSB says.

But despite this dip, the very top end of the market remains strong as multi-million pound home sales hit historic highs. The study found that up until 2011 at least, the very top end of the market has been ‘largely immune’ from the problems experienced by most buyers, who face tougher borrowing criteria to obtain a mortgage and rising mortgage rates. And while overall £1m-plus home sales have slipped, further up the ladder things are still going strong. Within the number of £1m-plus sales, there were 1,518 property sales worth at least £2million in 2011, a rise of 5 per cent from 1,442 sales in 2010.

This is the highest number of sales in this price bracket since records began in 1995. The figure was also higher than the peak of the housing market in 2007 when 1,484 properties over £2million were sold. More than three-quarters of £2million-plus sales last year were in London, an area which has been key in supporting the market as it has seen relatively strong price growth compared with the rest of UK due to high demand from overseas buyers. The One Hyde Park development in Knightsbridge, London, for instance saw one apartment sell to a Ukrainian billionaire last April for £136million.

In addition to the £2million-plus sales, the number of properties selling for over £5million rose by 22 per cent from 128 in 2010 to 156 in 2011. Homes which sell for more than £2million are now subject to a 7 per cent stamp duty rate which was increased from 5 per cent in last month’s Budget. This means a £2million house is subject to £140,000 in stamp duty, rather than £100,000 – a £40,000 difference. The rise has prompted concerns from some estate agents that numerous property chains could crumble as a result, causing disruption further down the ladder.

The study estimates that 0.2 per cent or 38,000 homes in Britain are worth at least £2million and could be subject to the new 7 per cent stamp duty rate if they went on the market, rising to 1.3 per  cent of properties in London.

Regional million pound property sales, 2011

Suren Thiru, Lloyds TSB housing economist, said: ‘The rise in the number of multimillion-pound property sales over the past year compares to the weakening picture across the rest of the market, highlighting the strength at the very top end of the housing market. ‘Continued demand from wealthy cash rich buyers, both from the UK and overseas, as well as limited supply has meant that this segment of the market remains largely immune from the headwinds facing the vast majority of homebuyers.’

Wales, the North East and the East Midlands were the only regions to see a rise in million pound sales last year, although these increases were from low bases. London and the South East accounted for 84 per cent of all million pound sales in Britain in 2011 according to the study, which used Land Registry figures. In total, there are estimated to be 165,000 homes in the UK that are worth at least £1million.

According to official figures, total home sales in the UK fell by 4 per cent from 728,550 in 2010 to 698,200 in 2011.

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Apr
30

House prices rise for second month in a row

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House prices were up for the second month in a row in April, according to property website Hometrack. Overall, prices rose 0.1 per cent in the month compared with a more robust 0.2 per cent increase in March. The rise comes despite the end of the stamp-duty holiday and the wet spring weather. Overall, demand among buyers was higher, up 25 per cent over the last three months. But there are signs this is slowing with new buyer registrations up just 2.1 per cent in April as opposed to 4.4 per cent in March.

horpe, Virginia Water Price Guide £995,000 Cottage : Four bedrooms, two bathrooms, three reception rooms, kitchen, conservatory, garage, two outside storage sheds, gardens.

At 0.3%, London saw the biggest increase in prices, followed by the South East and West and East Anglia with price rises of 0.1%. Elsewhere prices were either static or falling, with the North East and North West reporting the largest decline of 0.2%.

The recent price rises are a result of higher demand, explained Hometrack. However, Richard Donnell, director of research at Hometrack, warned that impact of these short-term drivers of demand is now starting to dissipate, with new buyer registrations in April down by half compared with March.

Supply, on the other hand, is rising, with the number of new properties coming onto the market up 4.8% compared with a 3.6% increase in March. Not only are asking prices higher in London and the South East but homes are selling quicker. Hometrack said it is taking just six weeks for a property to sell in the capital but further north and west the time doubles.

‘If April’s slowdown in demand and rising supply continues over the coming months, we will begin to see a reduction in the upward pressure on price,’ said Donnell. Meanwhile, the actual price properties are selling for as opposed to asking price has been increasing marginally so far this year. “The proportion of the asking price achieved has moved up to 93.1 per cent. This would indicate some recovery of prices,” Mr Donnell added.

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Apr
27

Windsor Lodge

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Windsor Lodge is a beautifully appointed brand new luxury mansion built by the renowned company Danesfield Homes. The accommodation is arranged over 4 floors amounting to approximately 9,500 sq ft of fantastic living space. The specification is extremely high and the quality of finish is apparent throughout.

On the ground floor the reception rooms are of generous proportions all accessed off the spectacular galleried reception hall. Of particular note is the stylish Italian kitchen by LidaItalia with granite work surfaces and a comprehensive range of Siemens appliances.

On the first floor the feeling of space continues particularly in the master bedroom suite. This exceptional suite of rooms has a well appointed dressing room, sitting room with fireplace and features a luxury octagonal bathroom. On this floor there are three further luxury bedrooms all with ensuite bathrooms two of which have dressing rooms.

The second floor has two bedroom suites and a South West facing roof terrace overlooking the rear gardens and woodland beyond.

One of the main features of the property is the stunning pool complex on the lower floor with heated pool, hot tub/ jacuzzi, seating/relaxation area, changing facilities and three sets of French doors opening onto the rear terrace and gardens beyond.

Outside

Windsor Lodge is approached via an electronic wrought iron gate providing access onto the driveway which leads to the house and triple garage above which is the spacious cinema/games room which is accessed from the main house.

To the rear of the house the gardens are mainly laid to lawn surrounded by attractive borders, shrubs and a variety of mature trees. Some of the reception rooms have French doors opening onto the well lit rear terraces which are excellent areas for entertaining in the summer months.

The gardens and grounds extend to in all 0.78 acres (0.3 hectares).

Services

Mains water, electricity and drainage. Gas fired central heating. B.T. line.

Fixtures and fittings

Only those mentioned in these sales particulars are included in the sale. All others, such as fitted carpets, curtains, light fittings and garden ornaments are specifically excluded but may be available by separate negotiation.

 

Accommodation and amenities
◆Grand reception hall ◆ Study ◆ Living room ◆ Dining room Family room ◆ Kitchen ◆ Breakfast room ◆ Utility room ◆Cinema/games room
◆Spacious master bedroom suite with dressing room, sitting room and luxurious bathroom
◆Five further bedroom suites
Lower floor comprising: ◆Indoor swimming pool ◆ Hot tub/jacuzzi
Changing and shower facilities with direct level access to the rear gardens
◆Triple garage (with accommodation above suitable for staff
or office)
◆Beautifully landscaped south facing gardens with upper and
lower terraces backing onto tranquil woodland

 

Wentworth Estate
Price Guide £5,250,000

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Apr
25

UK prime property asking prices up 40% since recession, data shows

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Prime property asking prices have increased by 40% since the recession of December 2007 while overall property prices are down £11,152 over the same period, new figures show. It means that prime property owners are on average £86,785 better off now than they were in December 2007 as asking prices rise at the top end of the market, according to the latest index from property website PrimeLocation.

Ascot A remarkable opportunity to own a lakeside home with it’s own private island, in a quiet exclusive cul-de-sac backing the Old Mile, close to Ascot Village Centre . Guide Price £2,450,000 Freehold

Since the recession began in late 2007, the average asking price of a home in the UK has fallen by over £11,000, but the value of prime property, the top quarter of the market by value, has rocketed in the opposite direction.

In December 2007, asking prices for prime properties averaged £387,969, a figure that has increased by 22% since then, average to £474,754.

In contrast, the general market has seen prices slowly sliding down over the past few years. Asking prices fell for a continuous six month period in 2011, and the current asking price of a UK property is now £219,526, or £11,152 less than pre-recession prices.

The increases at the top end of the market are consistent across the country, and can be seen in every UK region, though some places have seen prices appreciate much faster than this. London prime properties have seen asking prices rise by 40% and those in the East of England are 35% higher.

The West Midlands has seen prices rise £73,174 (23%), the South East of England £99,286 (21%), the North East of England £49,925 (19%), the North West of England £47,086 (15%), Wales £43,997 (14%), Scotland £44.225 (13%), Yorkshire and Humber £37,650 (12%), South West England £9,325 (2%), and the East Midlands £1,260 (0%).

‘The overall UK market has not recovered substantially since the early years of the downturn, but this hasn’t affected all homeowners equally. While the overall UK market saw property prices plummet in early 2009 as the credit crunch took hold, owners of prime homes saw their property values perform well as demand for the most desirable properties continued to rise, lifting prices with it,’ explained Nigel Lewis, property analyst at PrimeLocation.

‘This isn’t restricted to the hyper exclusive parts of central London either, though these areas have admittedly benefited from interest from international investors. Instead, it’s a more general flight to quality that we’ve identified in every area of the country,’ he added.

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Apr
24

WIN 2 TICKETS to the BMW PGA Championship – 26th May 2012

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Courtesy of award-winning local estate agency Barton Wyatt

Whether you are a golf fanatic or just enjoy a day of leisure in the English countryside, you won’t want to miss the fabulous opportunity to win 2 tickets to the BMW PGA Championship 2012.

Held at the prestigious Wentworth Golf Course, in the heart of Surrey England between 24th and 27th May 2012, this flagship event on the European Tour attracts the biggest names in golf with Luke Donald claiming victory last year.

To win2 tickets to the BMW PGA Championship on Saturday 26th May plus £100 towards a champagne lunch, simply LIKE US on Facebook.

Become a Fan of the dedicated Barton Wyatt Facebook page before Friday 18th May 2012 to be in with a chance of winning.

As a Fan of Barton Wyatt you will gain access to the hottest property market stories, local information, top tips on buying and selling from the Partners, James and Rupert Wyatt as well as details of special events, new properties on the market and hundreds of internal and external property pictures.

So for your ticket to this exclusive PGA event, simply LIKE US on Facebook. Good luck!

 

 

Terms and Conditions

• Entrants must remain ‘Fans throughout the duration of the competition

• The Winner will be announced on our Facebook and Twitter pages.

• The competition closes at 5pm Friday 18th May 2012.

• The competition is open to persons aged 18 or over, except employees of Baryon Wyatt and associated companies.

• The Winner will be picked at random and the tickets and luncheon contribution sent to the winner as soon as the full name and address of the Winner is received.

• No cash alternative is available, and no correspondence appertaining to such will be entered into. The promoter’s decision is final.

• Barton Wyatt accepts no responsibility for any technical issues, system or software failures encountered on or during entry to the promotion

• Entrants must read and accept the above Terms & Conditions to be eligible to enter.

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Apr
23

Getting ready for Ascot

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Royal Ascot is now less than 9 weeks away and our early booking discount ends in just 4 weeks on Friday 18th May. Grandstand Admission tickets start from £60pp and Silver Ring from £20pp, early booking discounts result in a saving of up to £10 per ticket excluding Thursday 21st June.

To book, call 0844 346 3000 or visit www.ascot.co.uk

Royal Ascot is one of the pinnacle events of the summer social season and the racecourse will be playing its part, in this historic year, in celebration of Her Majesty The Queen’s Diamond Jubilee. The Royal Meeting will certainly be one of the must-attend events of the year to enjoy all of the pageantry and history of a quintessentially British day out.

The celebrations will commence at 2pm each day as Her Majesty The Queen arrives in her horse drawn landaus, with superb racing action from 2.30pm onwards including seven Group One races over the five days. After racing traditional singing around the Bandstand commences in Grandstand Admission at approximately 6pm..

Silver Ring customers can help celebrate Her Majesty The Queen’s Diamond Jubilee too, by joining in with the 1950s style ‘Street Party’ with everything from brass bands to bunting.

Early Booking Discount

The early booking discount will come to an end at 6pm, Friday 18th May 2012 so book early to avoid disappointment. *Early booking discount does not apply to Thursday 21st June.

Royal Enclosure

The Royal Enclosure is at the heart of Royal Ascot. Entry to the enclosure is by sponsorship from an existing badgeholder who has attended for four previous years (these need not be consecutive).

The Royal Enclosure is the top of the range option, giving you access to all the best viewing areas and facilities on the course. These are located on Level 4 of the Grandstand and the viewing areas by the Winning Post; both of which are exclusive to Royal Enclosure members.  You also have access to the exclusive Royal Enclosure gardens where you can sit down and relax with friends and guests.

For details on how to apply for Royal Enclosure badges please Click Here

Royal Enclosure Dress Code

Please note the dress code below is NEW for 2012. 

A Royal Enclosure Style Guide has been produced for the first time this year and helps to bring to life some examples of the kind of outfits that are expected at Royal Ascot. Click Here to view.

 

Ladies

Ladies are kindly reminded that formal day wear is a requirement in the Royal Enclosure, defined as follows:

Dresses and skirts should be of modest length defined as falling just above the knee or longer
Dresses and tops should have straps of one inch or greater
Jackets and pashminas may be worn but dresses and tops underneath should still comply with the Royal Enclosure dress code
Trouser suits are welcome. They should be of full length and of matching material and colour
Hats should be worn; a headpiece which has a base of 4 inches (10cm) or more in diameter is acceptable as an alternative to a hat.

Ladies are kindly asked to note the following:

Strapless, off the shoulder, halter neck, spaghetti straps and dresses with a strap of less than one inch (2.5cm) are not permitted
Midriffs must be covered
Fascinators are no longer permitted in the Royal Enclosure; neither are headpieces which do not have a base covering a sufficient area of the head (4 inches / 10cm).

Gentlemen

Gentlemen are kindly reminded that it is a requirement to wear either black or grey morning dress which must include:

A waistcoat and tie (no cravats)
A black or grey top hat
Black shoes.

A gentleman may remove his top hat within a restaurant, a private box, a private club or that facility’s terrace, balcony or garden.  Hats may also be removed within any enclosed external seating area within the Royal Enclosure Garden.

The customisation of top hats (with, for example, coloured ribbons or bands) is not permitted in the Royal Enclosure.

Children (admitted on Friday and Saturday only)

Girls (aged 10-16) should be dressed for a formal occasion.  Smart summer dresses are suggested.  Hats, headpieces or a fascinator may be worn but are not compulsory.

Boys (aged 10-16) should either dress in accordance with the gentlemen’s dress code (as set out above); or alternatively may wear a dark-coloured lounge suit with a shirt and tie (whereupon no hat is required).

Overseas Visitors

Overseas visitors are welcome to wear the formal National Dress of their country or Service Dress.

Serving Military Personnel

Serving military personnel are welcome to wear Service Dress or equivalent.

Grandstand Admission

The Grandstand Admission ticket at Royal Ascot provides similar access facilities to those offered throughout the year. It provides excellent facilities and viewing areas at Ground Level and Lawn Level.Grandstand Admission customers can watch the Royal Procession and the racing action from the lawns in front of the Grandstand. The Pre-Parade Ring, Parade Ring and track are both within a short walking distance, by crossing the Concourse in the main Grandstand.

There are a variety of places to eat, drink and bet – from the bookmakers in the betting ring to the totepool and betting shops in the main Grandstand. Customers in this area do not have access to the upper levels of the Grandstand. Unlike the race meetings outside of Royal Ascot, there is not the opportunity to upgrade your ticket.

Other highlights of a Grandstand Admission ticket include:

Over 1,000 free seats are available from which to view the racing
Big Screen TVs on the Plaza Lawn
Military Band performing in the Parade Ring before the Royal Procession each day
Traditional sing-along around the Bandstand after racing on each day. Free song books provided
Food outlets selling a variety of value for money cuisine options.

Grandstand Admission Dress Code

Please note: The dress code below is new for 2012. 

A Grandstand Admission Style Guide has been produced for the first time this year and helps to bring to life some examples of the kind of outfits that are expected at Royal Ascot. Click Here to view.

Ladies

Ladies within the main Grandstand enclosure are encouraged to dress in a manner as befits a formal occasion.

Ladies are kindly asked to take particular note of the following:

A hat, headpiece or fascinator should be worn at all times
Strapless or sheer strap dresses and tops are not permitted
Trousers must be full length and worn with a top that adheres to the guidelines above (i.e. strapless or sheer strap tops are not permitted)
Jackets and pashminas may be worn but dresses and tops underneath should still comply with the Grandstand Admission dress code
Midriffs must be covered
Shorts are not permitted.

Gentlemen

Gentlemen are required to wear a suit with a shirt and tie.

Children

Girls(17 or under) should be dressed for a formal occasion.  Smart summer dresses are suggested.  Hats, headpieces or a fascinator may be worn but are not compulsory.

Boys aged (13-17) should wear a suit or jacket with a shirt and a tie.  Younger boys (12 or under) should be dressed smartly but are not required to wear a jacket or tie.

Silver Ring

With a less formal atmosphere, the Silver Ring at Royal Ascot is a separate admission area that does not provide access to the Parade Ring or the main Grandstand. The Silver Ring still provides an excellent position to watch the Royal Procession and the racing action. There are a variety of places to eat, drink and place a bet.

Other highlights of a Silver Ring ticket include:
•    Over 2,000 free seats available from which to view the racing
•    Big Screen TVs
•    Live music entertainment each day
•    Lawned area with many bars and food outlets including a Pizza Express.

Silver Ring Dress Code

Whilst we encourage racegoers to wear smart clothes no formal dress code applies except that bare chests are not permitted at any time.

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Apr
20

Cranberry Cottage

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A stunning home which has been extended and upgraded to offer spacious and adaptable family accommodation of an excellent specification throughout, situated in a very popular location. Four bedrooms, three bathrooms, drawing room, dining hall, play room, kitchen/breakfast/family room, utility room, garage, south east facing rear gardens. Cranberry Cottage is a rare find, providing a perfect combination of individual external character and the best of modern living, both in terms of floor plan and quality of finish; in our opinion this is most definitely an opportunity not to miss.


A superbly modernised extended characterful property with luxurious bathroom suites and a stunning open plan kitchen/breakfast/family room, situated in a prestigious leafy residential road in Virginia Water.

Cranberry was extensively modernised and extended in 2011 by the current owners. The property is now presented for sale in immaculate order throughout with a stunning kitchen/breakfast/family room with an enormous roof lantern flooding the room with light. The accommodation is well arranged and adaptable to different uses being largely on the ground floor. The enormous kitchen/breakfast/family room is the hub of the home and creates instant appeal to anyone walking into the property. On the first floor is a large master suite with a very generous luxurious bathroom.

To the front of the house, the property is approached over a gravel driveway providing ample parking for several cars. There is a large expanse of patio across the rear of the property with steps up onto the well maintained lawn. The rear garden is particularly private from the adjoining houses and faces south east to the rear.

Virginia Water
Price Guide £1,295,000
Detached House

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Apr
19

Luke Donald relishing BMW PGA Championship defence

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Luke Donald ranks the BMW PGA Championship as the biggest tournament outside the Major Championships and cannot wait to defend his title at Wentworth Club next month.

The Englishman beat Lee Westwood in a play-off last year to not only claim the coveted trophy but rob his compatriot of the World Number One spot, a position he held for 40 weeks as he enjoyed the most successful season of his career.

This season the World Number One title has seesawed between Donald and Northern Irishman Rory McIlroy, but the 34 year old knows that if he can produce a similar performance over Wentworth Club’s iconic West Course to 12 months ago, he will return to the pinnacle of the Official World Golf Ranking.

Speaking to journalists via conference call from his home in Chicago, Donald said: “The BMW PGA Championship is the best event we play outside the Majors on The European Tour. Obviously the Majors come first. Those are the events I’m looking to try to win at the top of the list, but Wentworth isn’t far behind.

“For me it has a special, personal feeling too, because I grew up so close to it. I came as a kid a few times to watch and I have some special memories having won there as well. There’s a sentimental factor.

“I had a few wins last year, but I think Wentworth was the most fun and the most enjoyable because I got that World Number One ranking. It just all seemed to happen for a reason that week, at the flagship event of The European Tour, going against Lee who was World Number One and doing it in front of lots of friends and family. Especially having grown up just down the road, it was very special.

“It’s a bigger event with the world class field that it attracts, and you always get up for those big events. I’m extremely excited to go back there and defend.”

Donald admits that his victory in 2011 was all the more satisfying because it was Westwood he came up against – and beat.

“Who better to take down than the Number One player?” he said. “And the fact he happened to be British and English, that made that one much more satisfying.

“If I’d been going against a lesser name, the win still would have been special, but in terms of going head to head with Lee, it was a special one. Right now we have so many guys who are ranked highly. We are always trying to get one over the other.

“We do have good relationships off the course, so on the course, certainly we are trying to beat each other.”

Donald’s preparations for the BMW PGA Championship, from May 24-27, will focus on his short game, which last year was a significant factor in him becoming the first player to top The Race to Dubai and the US PGA Tour Money List in the same season.

“At the beginning of the year in the off season, I worked quite hard on my golf swing specifically, trying to get my driving a little bit more consistent,” he added. “And I have seen some improvements in that, hitting 80 per cent of the fairways at Augusta and quite a few last week on a very tight course. I’m seeing a lot of improvement in terms of accuracy and controlling it off the tee.

“Sometimes when you work on one part of the game, another part suffers a little bit. My short game has not been as sharp. I’ll certainly be ramping up my short game efforts in the next few weeks to get ready to defend at Wentworth and ultimately the next three Majors.”

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Apr
16

UK property asking prices hit record high, says Rightmove

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Asking prices set by sellers putting their homes on the market have reached an all time high, latest figures reveal. Typical asking prices in England and Wales rose 2.9 per cent in April to reach £243,737, according to Rightmove.

This is 0.5 per cent higher than the previous record set four years ago in May 2008, the property index shows. Both London and the South West have recorded new price peaks this month.

An immaculately presented, beautifully extended and modernised family home, superbly situated at the end of a private no through road, siding onto the 12th fairway of the east course at Wentworth. A delightful and private location. Master bedroom with en-suite bathroom, guest bedroom with en-suite shower room, three further bedrooms, family bathroom, drawing room, dining room, study, family room, kitchen/breakfast room, utility room, double and single garage, delightful south facing gardens of approximately half an acre. Guide Price £1,495,000 Freehold

Asking prices in the capital have risen by 2.1 per cent to £464,944, and in the South West by 5.8 per cent to £270,735.

However, the national average is being boosted by the ‘London effect’, Rightmove said, with homeowners in the capital hiking their asking prices by 14.9 per cent since May 2008.

By contrast, sellers’ average asking prices in the rest of the country have fallen by 4.3 per cent over the same period.

“Those deciding to sell in the south are looking a lot more confident in their pricing power,” Rightmove director Miles Shipside said.

But he added that local market conditions vary considerably.

“While the overall prospects of a seller achieving a record price are higher in London and the South West, doing your research on your own local micro-market is essential to gauge what type of property is in demand, how quickly it is selling and how close to the asking price is being achieved,” he said.

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Apr
13

UK property tax increase impacting on £2 million market, consultants believe

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The decision by the UK government to increase property stamp duty on certain properties has had some impacts sales but a cautious market prevails across the board, according to real estate consultants. Last month’s increase of 2% in stamp duty above the £2 million mark resulted in some frantic price reductions in order to attract a buyer or secure a deal.

A superb traditional style family home built in 1998, on the sought after Wentworth Estate within easy reach of the shopping parades and Wentworth Golf Club, with a delightful mature level garden, triple garage and ample parking. Guide Price £2,250,000 Freehold

In the country, buying agents, Middleton Advisors witnessed a property available for two months at £2.25 million being reduced below the higher rate threshold on the 29 March.

‘The 2% rise in SDLT above £2 million will have a more significant impact on property valued at £2 to £3 million than more expensive property. You will see the pricing change at this level to compensate for the increase,’ said Tom Hudson, managing partner at Middleton.

‘At a higher level the purchaser is better equipped to soak up the change. I think once the dust settles, it will simply bring the UK property tax levels in line with other countries,’ he added.

Independent property consultants, Rawlings Property Consulting, also saw the impact of the stamp duty rise and hurried through an exchange of contracts on the eve of the budget with a property in First Street, London SW3, achieving the full asking price of £2.6 million.

‘The London property market continues to be struck by a lack of stock dictated by a fear in the job market and caution in the financial sector making borrowing difficult. So when a good quality property priced sensibly comes to the market, the serious among the few buyers are swooping,’ explained managing director, Juliet Rawlings.

Rawlings has exchanged on four properties in as many weeks. A top floor flat with views on the Old Brompton Road went under offer within four hours after just three viewings, including Italian, German and English nationalities, eventually selling to the Italians for the full asking price of £1.35 million

Also a modern mews house in W2 and a penthouse with roof terrace in Battersea SW11 exchanged at the full asking price within weeks of each other.

‘The market is still very difficult at the £850,000 to £2 million level. If we don’t get that shifting, we won’t get the move ability higher up the scale. Currently the market is dictated by caution and with current low interest rates people can afford to stay put,’ added Rawlings.

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