Professional Documents
Culture Documents
gets people
home by Gavin and Jonathan greeted by Gavin and
from Jonathan Wright Estate Jonathan Wright and present-
Agents. ed with flowers and cham-
A Mr and Mrs Dovey sold pagne.
their bungalow through
onto ladder
Jonathan Wright Estate Right: Gavin Wright presenting cham-
Agents just before buying one pagne and flowers to Mr and Mrs
of the brand new apartments Dovey.
CHANCELLOR George
Osborne’s budget claims to
have tackled the re-balanc-
ing of the economy but
what does it mean for
home owners and property
market in general?
The main news is for first
time buyers who are to be
helped on to the housing
ladder with the offer of a 20
per cent loan on the price
of a new build with a five
per cent deposit.
This is an important step
by the Government to help
stimulate the lower end of
the property market
which, in the past few
years, has slowed almost
to a stop.
Joint buyers with a com-
bined income of less that
£60,000 will be entitled to
receive this loan with no
payback due until the
sixth year when rates will
start at 1.75 per cent, rising Above: George Osborne’s
each year thereafter by initiative to help with home-
one per cent over inflation. buyers’ deposits has been
This initiative will be wel- broadly welcomed by the
comed by the housebuild- housebuilding industry.
ing industry which will
promote the opportunity to and Parker said: “Fixed
new market entrants. rate alternatives may well
These buyers will benefit prove a more attractive
from the ability, effective- option to first time buyers
ly, to ‘fund’ a 25 per cent under the proposed
deposit and secure a 75 per scheme on the 75 per cent
cent mortgage, borrowing mortgage element.
at rates significantly below “That said, buyers at any
those available where level need to consider a
higher loan-to-values are likely increase in interest
involved. rates generally over the
Any improvement at the next two years and their
bottom of the market will ability to cover increased
feed through to the higher mortgage costs.
levels and facilitate a high- “We may well see more
er rate of turnover gener- properties coming to the
ally, which will benefit market and this in turn
people who have been con- may squeeze values as sup-
sidering a move. ply threatens to outstrip
Mark Wiggin at Strutt demand.”
90 THE HEREFORD TIMES, Thursday, March 31, 2011 PROPERTY TIMES ~ 40 herefordtimes.com
Qualified service
Licensed to help
buyers and sellers
JONATHAN Wright Estate whom they will get the best
Agents is proud to have service when marketing their
received its licence from the property.
National Association of Estate “No-one would knowingly use
Agents (NAEA). an unlicensed taxi driver.
A licenced estate agency Neither should they use an
branch means consumers are unlicensed estate agent.
guaranteed that at least one “In a difficult economic time
agent within that branch is it is important for anyone plac-
qualified in residential proper- ing a home on the market to
ty sales, either through a for- use a professional, knowledge-
mal qualification or through able agent. NAEA members
length of membership of the know their local area and
NAEA. This qualification licensed by the NAEA?’.” know their local market. That
requirement is unique to Currently there is no barrier is very important to con-
NAEA licensed estate agents – to anyone setting up and prac- sumers.”
the only licence of its kind in tising as an estate agent. There The new licence will also
the UK property industry. is no legal requirement for guarantee the agency is cov-
At its launch in the House of estate agents to obtain the new ered by required amounts of
Commons in November, the licence, leaving consumers professional indemnity insur-
licensing scheme was given with a clear choice over ance. They will also undertake
the backing of housing minis- whether they choose a licensed 12 hours of continuing profes-
ter Grant Shapps and shadow or unlicensed agent. sional development every
minister Alison Seabeck. Peter Bolton King, chief exec- year, commit to keeping up to
Mr Shapps said: “By ensuring utive of the NAEA, said: “I am date with industry develop-
they enjoy the trust of people delighted to confirm that ments and be bound by the
buying and selling homes, Jonathan Wright Estate NAEA’s rules of conduct.
estate agents will inject Agents is now fully licensed” The NAEA represents around
greater confidence and move- “We would like all sellers and one in three estate agents in
ment in the housing market. buyers to ask their prospective the UK. It aims to get as many
“In future anyone looking to agents, ‘Do you have an NAEA members as possible licensed
buy a home or sell theirs licence?’. If they don’t, they by June 2011. All of its mem-
should ask the simple question should ask themselves bers can be found by visiting
of their estate agents: ‘Are you whether that’s the agent from naea.co.uk.
herefordtimes.com PROPERTY TIMES ~ 41 THE HEREFORD TIMES, Thursday, March 31, 2011 91
Five-bedroomed detached
Stunning views
the ground floor of the Shobdon Oaks offers an
Frampton comprises two exclusive collection of just
generous living rooms – one 35 luxury homes which
with French doors opening back on to open fields, are
onto the rear garden – an up to 2,000 square feet in
Myrtle Cottage, Lea prise a dining room, a mod- open plan contemporary size, priced from just
Bailey Hill, Ross-on- ern fully fitted kitchen with kitchen with dining area £299,995 for a five bedroom
Wye, Herefordshire a Belfast sink, a study, an and utility room, a study property.
Agent: Flint & Cook inner hall, a and a handy cloakroom. Also available is the
Offers: £325,000 cloakroom/WC, a spacious Upstairs are five good fabulous four-bedroomed
Call: 01989 562009 lounge with an inglenook sized bedrooms, two of President show home which
fireplace and a ground which benefit from en comes fully furnished and
Above: The Frampton five-bedroomed house.
MYRTLE Cottage is a spa- floor bathroom. suites, and a modern main sold as seen.
cious and attractive The first floor landing has bathroom. canvas that gives potential location.” The development provides
detached cottage with far- doors to three bedrooms. A detached double garage buyers an opportunity to For those interested in the the best of both worlds – a
reaching views to May Hill The gardens are a major and two parking spaces explore each room and get a Frampton and are wanting stunning countryside set-
and the Malvern Hills. feature of the property and complete this home, avail- feel for the size and the lay- to move but struggling to ting within easy reach of
The cottage is situated in a extend to approximately able from just £329,995. out of the home. sell their existing property, Ludlow (13 miles), Hereford
superb elevated position 0.38 of an acre. There is a Anne Wallace, regional “The Frampton is ideal for Taylor Wimpey is offering (19 miles), Worcester (45
overlooking the village of double detached garage, a sales and marketing direc- growing families or upsiz- its popular part exchange miles) and beyond.
Lea and offers character wood store, a garden shed tor for Taylor Wimpey ers in need of a more spa- scheme, subject to terms Fordetails, call the market-
three-bedroomed accom- and a green house. Midlands, said: “It can be cious home. and conditions. ing suite, open Thursday to
modation which benefits This super property difficult to imagine what a “And priced under £330,000 Anne explains: “Under the Monday between 10am and
from oil fired central heat- should be viewed to fully home is going to look like it provides plenty of house scheme Taylor Wimpey 5pm, on 0845 672 3917 or
ing. appreciate what it has to based on just the floor plans for your money – especially buys your current property visit taylorwimpey.co.uk/
In brief the cottage com- offer. so the view home is a blank as its set in such a desirable taking the stress out of the shobdonoaks
92 THE HEREFORD TIMES, Thursday, March 31, 2011 PROPERTY TIMES ~ 42 herefordtimes.com
herefordtimes.com PROPERTY TIMES ~ 43 THE HEREFORD TIMES, Thursday, March 31, 2011 93
94 THE HEREFORD TIMES, Thursday, March 31, 2011 PROPERTY TIMES ~ 44 herefordtimes.com