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Estate Agency Update From Lynne Lancaster

February 2021 News Estate Agency

According to the Nationwide, January 2021 saw a house price growth of 1.8%, the highest growth since November 2018.  Mortgage lenders are also saying they saw an increase in…

Estate Agency Update From Lynne Lancaster
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Estate Agency Update From Lynne Lancaster

February 2021 Estate Agency

According to the Nationwide, January 2021 saw a house price growth of 1.8%, the highest growth since November 2018.  Mortgage lenders are also saying they saw an increase in mortgage applications and approvals, all of which is encouraging and it doesn’t end there.  PFK continue to see new instructions gain an enormous amount of interest and therefore buyer confidence appears to be back!  In fact, it would be fair to say that demand is currently outweighing supply as we see people want to move and therefore certainty is definitely replacing uncertainty. The news of the extended Stamp Duty Holiday to 30th June 2021 should also encourage home movers.

PFK are a team of local people who are property experts and our aim is to help our customers on their property journey from beginning to end.  We have our own in-house marketing team who are able to provide professional drone videos, photographs and targeted social media campaigns in order to put your property in front of a specific audience and achieve the best results.  Quite often our marketing campaigns on social media and to our registered buyers provide us with a list of buyers/tenants before going live to the wider market!  However, it is not about selling your property quickly it is about marketing your property right, finding a buyer that suits you and achieving the best price – that is the most important factor!  When PFK agree a sale or a rental, we are there with our customers until we achieve signed contracts and this has been especially important within the last year.  It was suggested in the last 3rd quarter of 2020 half (52%) of house sales in England and Wales fell through before completion.  So, having an agent who is keen to find you the best price and then progress the sale after it is agreed is essential and an important tool in the PFK package.  We use our experience, enthusiasm and customer service to make sure there is an end result – we don’t just leave it with the property lawyers, we actively help and assist where we can.

If you are considering selling, renting or buying and you want an agent who is proactive and works for you, then contact your local PFK expert who will be able to assist you in relation to your property journey.

PFK continue to be here to support our customers safely in a way that’s convenient for them.  That can be in person, over the phone, by email or via video appointment.  We will continue to make sure we protect our staff and customers.

Lynne Lancaster, Head of Estates. 

PFK February Newsletter

February 2021 Estate Agency Land agency Planning

A very warm welcome to our newly launched quarterly newsletter, which we see as being a vital way of communicating with existing and future clients, and our fellow professionals. Estate Agency…

PFK February Newsletter
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PFK February Newsletter

February 2021 Estate Agency Land agency Planning
A very warm welcome to our newly launched quarterly newsletter, which we see as being a vital way of communicating with existing and future clients, and our fellow professionals.

Estate Agency

During 2020 PFK Estate Agents had an exceptionally busy year with both sale & rental of properties.
The start of 2021 saw the unfortunate increase in CV19 cases, new variants and that has led to a reduction in new properties coming to market.  However, what we continue to see is strong activity and demand from buyers and tenants choosing to move to our area looking for a better work/life balance, altered lifestyle, retirement or holiday homes.  So, we see ourselves in a position of demand outweighing supply and as we start to see cases reducing, more vaccinations take place then more people will have confidence to step into the market.PFK have a team of local people with a huge amount of experience whose aim is to help our customers on their property journey.  We also have our own in-house marketing team who are able to provide professional drone videos, photographs and targeted social media campaigns in order to put your property in front of a specific audience and achieve the best results for our customers.  Quite often with our ‘coming soon’ campaigns we have a list of proceedable buyers/tenants before going live!
So, if you are considering selling, renting or buying then contact your local PFK expert who will be able to explain how they can assist you and what recommendations they would make in relation to your property journey.Instructing an agent is simple but making sure you have instructed the right agent is vital.
PFK continue to be here to support our customers safely in a way that’s convenient for them.  That can be in person, over the phone, by email or via video appointment.  We will continue to make sure we protect our staff and customers and we also believe that the property market in our region will continue to remain active:

Land Agency

Following a busy end to 2020, the team at PFK Land Agency are looking forward to an even busier 2021.

The preparation for the 2021 grass letting season has commenced to ensure that all arrangements are made for agreements starting in March and April. Grazing licences can be, and in a lot of cases are, renewed each year, particularly where a good relationship is established between both land owner and grazier. PFK Land Agency typically organise more than 250 grazing licences each year with most commencing in April.

The team are also looking towards the Basic Payment Scheme (BPS) claim window opening in late March, which stays open until mid-May and allows land owners to claim rural grants based on the amount of land they are in possession of. This is an extremely busy time for the team, given the small window of time that the claims can be made.

The selling season for farms and land is also fast approaching, with the spring typically being the busiest time for new listings of land and property. The early months of the year are spent gathering information in preparation for sales, so that listings are launched as soon as they are looking their best in the springtime.
If you are considering selling your land or property in 2021, now is the time to get in touch to ensure it is launched at the best possible moment to attract maximum interest.

2021 promises to be another eventful year at PFK Land Agency and the team comprising David Stout MRICS, Jo Edwards MRICS, Abi Wass, Jess Knight, Joan Williams and Angela Byrne are very much looking forward to what it brings.

We wish all clients past, present and future the best for the forthcoming year and if we can be of any assistance, please don’t hesitate to get in touch on 01768 866611 | landagency@pfk.co.uk

Planning & Development 

Our Planning Specialist, Kayleigh Lancaster, recently celebrated 4 years at PFK. Throughout her time at PFK, Kayleigh has been instrumental in securing planning permission for a wide range of landowners, developers, house builders, businesses, and individuals. Kayleigh’s 2020 highlight was securing planning permission for a new tourism development within the Hadrian’s Wall World Heritage Site. This included the redevelopment of traditional stone barns and the siting of camping pods.

Naomi, our Graduate Planner, is currently working on her Assessment of Professional Competence in order to gain chartered membership of the Royal Town Planning Institute. Since joining PFK in 2018, Naomi has begun to build up her own caseload and has been the lead consultant on a wide range of applications and projects.

Kayleigh and Naomi are also available to assist with any enquiries about land and development whilst our Land Specialist, Janet Flintoft, is on maternity leave. We are looking forward to welcoming Janet back in the summer.

St Cuthbert’s Garden Village
This year we are excited about working with new and existing clients on plans for St Cuthbert’s Garden Village. St Cuthbert’s Garden Village is an ambitious proposal for south Carlisle that includes the development of up to 10,000 new homes, new employment opportunities, community facilities and a new southern link road. Carlisle City Council published their Masterplan for the village in November 2020, highlighting areas within and surrounding Cummersdale, Durdar, Brisco and Carleton that will provide new residential development. If you or anyone that you know owns land to the south of Carlisle, please do not hesitate to get in touch with either Kayleigh or Naomi to seek further advice.

Business as Usual
This has been the most challenging start to any year in recent history; however, Planners have already demonstrated and continue to demonstrate flexibility and proactivity in responding to these challenges, both in terms of ways of working and in implementing those measures that are needed to support societal changes during and post pandemic.

All of the Local Planning Authorities in Cumbria have maintained and even improved their services through the transition to digital delivery. As LPAs continue to progress planning applications, PFK Planning and Development are best placed to advise you on any planning or development queries. Please do not hesitate to contact us on 01228 586805, or email planninganddevelopment@pfk.co.uk.

Lynne Lancaster, Head of Estate Agency, looks ahead to 2021.

January 2021

In light of the recent lockdown announcement I am sure we are all now considering & contemplating how 2021 will pan out. 2020 was a challenging year for everyone – those…

Lynne Lancaster, Head of Estate Agency, looks ahead to 2021.
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Lynne Lancaster, Head of Estate Agency, looks ahead to 2021.

January 2021

In light of the recent lockdown announcement I am sure we are all now considering & contemplating how 2021 will pan out.

2020 was a challenging year for everyone – those who suffered due to the virus, those who lost their jobs/businesses, those on furlough and those who continued to work.

When the property market closed in March 2020 and agents stopped operating, we all tried to predict what would happen on our return.  When the market reopened and we saw a huge surge in activity as people reviewed their lifestyles, where they lived, looking for more outside space and homes with suitable space to work from, we were all taken aback and suddenly very busy.

We closed 2020 looking forward to a return in January, new beginnings, helping people move and endeavouring to help those get their sales across the line before the stamp duty holiday comes to an end. However,  buying, renting or selling a property is not about a tax advantage, it is about new beginnings, about building a home for one’s self or family and it is about investing in the future.

We have outstanding NHS personnel and medical scientists putting us well on the road to Covid recovery and we now know that the Brexit trade talks have come to one resolution or another.  So, as government guidelines allow Estate Agents to work in this lockdown and buying, renting or selling can continue, PFK are here to support our customers safely in a way that’s convenient for them.  That can be in person, over the phone, by email or via video appointment.  We will continue to make sure we protect our staff and customers as best we can and we also believe that the property market in our region will continue to remain active through 2021.

Take care, stay safe and contact PFK should you have any queries in relation to buying, renting or selling in Cumbria.

Lynne Lancaster – Head of Estate Agency 

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Estate and Letting agents continue to operate in tier 4.

December 2020

Estate and Letting agents continue to operate in tier 4 and house moving (sale or rental) can continue. PFK, since March 2020 have had safe measures in place in line…

Estate and Letting agents continue to operate in tier 4.
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Estate and Letting agents continue to operate in tier 4.

December 2020
Estate and Letting agents continue to operate in tier 4 and house moving (sale or rental) can continue. PFK, since March 2020 have had safe measures in place in line with government guidelines.
 
Appointments can still go ahead, so please contact our offices who will be happy to help you. 
 
Carlisle – 01228 558666 – carlisle@pfk.co.uk
Cockermouth – 01900 826205 – cockermouth@pfk.co.uk
Keswick – 017687 74546 – keswick@pfk.co.uk
Kirkby Stephen – 017683 71235 – kstephen@pfk.co.uk
Penrith – 01768 862135 – penrith@pfk.co.uk
Whitehaven – 01946 695535 – whitehaven@pfk.co.uk
 
Appointment in branch is by pre-booked appointment only. 

Escape To The Country

December 2020 Blog Estate Agency

At the start of the coronavirus lockdown those with second homes in the countryside were quick to relocate to take advantage of the increased space and greater freedom the countryside…

Escape To The Country
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Escape To The Country

December 2020 Estate Agency

At the start of the coronavirus lockdown those with second homes in the countryside were quick to relocate to take advantage of the increased space and greater freedom the countryside has to offer.

As lockdown eased, this translated into significant demand for rural properties. According to Rightmove, enquiries increased by 126% during June and July of this year, particularly for those looking to make the move from larger urban areas to the countryside.

With the demand for larger rural properties increasing, prices have risen due to limited supply, with even more modest country homes being highly desirable. Rural properties with paddocks or a field will be particularly desirable as they can attract a mixed-use stamp duty saving. And for those not able to move to the countryside, the demand for homes with good sized gardens will increasingly attract a premium.

Relocation to the countryside offers many benefits, including the opportunity for a better work-life balance with increased possibilities for flexible and home working meaning it is no longer a key requirement to live within easy commuting distance of a place of work.

Cumbria and the Lake District are perfectly placed to strike this balance, with an outstanding natural environment and excellent transport links to larger urban centres by road and rail.

At PFK we are experts in our local market and supported by in-house expertise in planning and land agency, we are perfectly placed to make your rural property dreams a reality.

There has never been a better time to escape to the country!

James Harrison, Carlisle office sales negotiator. 

 

Here are a few of our best rural properties currently on the market with our Carlisle office…

https://pfk.co.uk/property/40-bank-end-thursby-carlisle-cumbria-2199809/

https://pfk.co.uk/property/the-cottage-wigton-wigton-cumbria-2266338/

https://pfk.co.uk/property/kelora-longtown-carlisle-cumbria-2274906/

https://pfk.co.uk/property/plot-4-kings-view-north-end-burgh-by-sands-carlisle-2109541/

https://pfk.co.uk/property/ravenswood-kirkbride-wigton-cumbria-2325505/

https://pfk.co.uk/property/27-coopers-close-high-hesket-carlisle-cumbria-2103533/

 

Lessons Learned

November 2020 Blog Estate Agency

As the second wave of Covid-19 affects lives, Paul Doyle, Manager of our Carlisle Estate Agency office looks at what's forecast for the property market. One thing that…

Lessons Learned
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Lessons Learned

November 2020 Estate Agency

As the second wave of Covid-19 affects lives, Paul Doyle, Manager of our Carlisle Estate Agency office looks at what’s forecast for the property market.

One thing that has proved to be resistant to Covid19 is the property market, which has if anything fed off the pandemic.

Looking back at the spring lockdown, it seemed to act as an incubation period as coronavirus fuelled people’s desire to move to larger homes, often in more relaxed locations.

Now we are faced with an open-ended second lockdown that will affect individuals, families, many businesses and our way of life. The question is what will happen to this bull property market that, according to Nationwide, has seen prices growing at their fastest rate for five years?

One area of public and commercial activity not to have been locked down this time is the property market. So, the answer seems straightforward; it will be business as usual – with all the necessary social distancing measures adhered to of course.

We know that these extraordinary market conditions can’t last forever. But these second-wave precautionary measures might even act to further fan the flames of the current market.

Completion by Christmas is often the aim when buying or selling property in the autumn. But now there is another target date, March 31st: this is the day the stamp duty relaxation measure is due to end. Buyers will be racing to find properties and complete purchases to avoid extra expense – money they could use for deposits or improvements to their new homes.

Of course, the Chancellor may postpone the cut-off date, or best of all discontinue this unpopular and opportunistic windfall tax altogether. But if he does neither strap yourself in – it’s going to be a hectic five months.

Fortunately, if there is one thing we learned how to do during the initial lockdown it was to work successfully in a highly unusual and demanding property market. Now we will continue to use that experience to ensure that our buyers and sellers can move, not just when they want to but also when they need to.

Open

November 2020 News Estate Agency

The housing market and Estate Agents will continue to operate during lockdown. PFK will continue to work and help our customers buy, sell or rent. Full guidance is still being…

Open
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Open

November 2020 Estate Agency

The housing market and Estate Agents will continue to operate during lockdown. PFK will continue to work and help our customers buy, sell or rent. Full guidance is still being clarified however safety has and continues to be our number one priority in order to look after our staff and customers.

Contact us if you have any queries.

PFK Cockermouth Office COVID-19 Update

October 2020 News Estate Agency

As a precautionary step to protect our staff and customers, we have temporarily closed our Cockermouth office due to a positive COVID-19 test in line with government advice and…

PFK Cockermouth Office COVID-19 Update
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PFK Cockermouth Office COVID-19 Update

October 2020 Estate Agency

As a precautionary step to protect our staff and customers, we have temporarily closed our Cockermouth office due to a positive COVID-19 test in line with government advice and guidelines.

We apologise for any inconvenience caused. You can contact our staff who are working remotely by phone or email.

Cockermouth: 01900 826205 – cockermouth@pfk.co.uk

Whitehaven: 01946 695535 – whitehaven@pfk.co.uk

PFK will continue to provide the best service possible at all times, therefore if you have any concerns please do not hesitate to contact us.

Take care and stay safe.

What goes in to selling your home at PFK.

October 2020 Blog Estate Agency

Many people think Estate Agents just put their property on Rightmove and bobs your uncle, but it’s so much more than that. Here at PFK we take pride in…

What goes in to selling your home at PFK.
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What goes in to selling your home at PFK.

October 2020 Estate Agency

Many people think Estate Agents just put their property on Rightmove and bobs your uncle, but it’s so much more than that.

Here at PFK we take pride in every property we put on the market, from the first initial photo taken to create your perfect property listing. We have a dedicated admin team that work hard behind the scenes to prep you a flawless Rightmove and website listing along with a bespoke brochure for your home. We also have an in-house marketing team that make sure your home is in front of as many eyes as possible on social media and other digital platforms.  Our bespoke videos are second to none and admired by one and all.

The sales team are on hand to help guide you through the process, arranging viewings, negotiating the deal to get you the best price possible and It doesn’t end there once your home is sold. We have a dedicated sales progression team that follow your sale through to completion making sure everything is on the right track for you.  During these current times that Is more Important now than ever before.

We also have experts in Planning, Land Agency and Surveys who can also advise you on any questions you may have.

Making property simple Is our mantra and we are here to guide you every step of the way.

Lynne Lancaster, Head of Estate Agency. 

Loo Rolls And Other Flying Objects

October 2020 Blog Estate Agency

As we head for autumn and further Covid restrictions, Lesley, manager of our Whitehaven team assesses the state of the property market. So many people are asking us about the…

Loo Rolls And Other Flying Objects
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Loo Rolls And Other Flying Objects

October 2020 Estate Agency

As we head for autumn and further Covid restrictions, Lesley, manager of our Whitehaven team assesses the state of the property market.

So many people are asking us about the property market at the moment. To provide some perspective, we often answer the question with a question. We ask, “Do you remember back in March, how loo rolls became difficult to find as they were flying off supermarket shelves?”

“It would be hard to forget,” most people reply.

So we say, “That’s what’s happened to property: houses are flying off our books.”

While the country was in lockdown, no one could envision what would happen to the property market next – including us. We couldn’t predict the strength of public demand for changes in surroundings and lifestyle. We couldn’t know how people would react to isolation, sudden changes in working practices and the resulting opportunity to commute less often but therefore further – providing the chance to buy a larger suburban or rural house and garden.

Now, after several months of the most extraordinary market most of us can remember, we have experienced the combined effects of the Covid and Brexit bounces, the relaxation of stamp duty and low-interest rates.

Many first and second-time buyers and sellers won’t remember the days when the market was on fire like this; when there were multiple offers on houses for sale, prices were spiralling upwards, and property was selling almost as soon as it came on to the market.

But we remember those days. We remember them very well. That is why we are highly experienced and skilled in dealing with this unexpectedly buoyant market.

For those thinking of buying before the end of the stamp duty reprieve, we recommend doing so now. Why? Because neither we nor anyone else, including the Chancellor, knows what’s going to happen next. Another national lockdown – if there were to be one – might only temporarily suppress this strong market and drive even more people to want to move. But big questions remain about the market in 2021.

High unemployment, a negative Brexit trade deal, tighter mortgage criteria and the end of the stamp duty relaxation, could turn off the tap that was so dramatically turned on in July.

Only time will tell. But in the meantime what we do know is that property is flying and we are here to help buyers and sellers fly with it.

 

Lesley Waugh, Manager of PFK Whitehaven team. 

 

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