Property Drop Issue 16

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2 LOOKING FORWARD TO 2018 2017 has been an excellent year for the property market in Monmouthshire and indeed Moon & Co Estate Agents. Demand for property has remained high all year with purchasers keen to take advantage of a vast array of excellent services the area has to offer. Chepstow and the surrounding area is a perfect location for commuters to Bristol, Cardiff or Gloucester, all within easy reach. In addition to the planned reduction and abolition of the Severn Bridge Tolls, we are confident this will serve as a further stimulus for continued growth in property market activity throughout 2018 and beyond. At Moon & Co we passionately believe in a no-nonsense, straightforward approach to all things property. We are committed to providing our clients with realistic market valuations, effective communication, a clear pricing structure, hands-on management and excellent customer service, this being reflected by the high level of repeat business from satisfied clients. Finding a home is one of the most important aspects of our busy modern lives. At Moon & Co., established in 2000, we understand that the process can be stressful, and with our professional expertise, totaling more than 185 years, together with our guidance we can help make the process run as smoothly as possible. Call any of our team to discuss your property needs 01291 629292 or email: sales@thinkmoon.co.uk / lettings@thinkmoon.co.uk Despite the constant bombardment of Brexit in every single radio and TV news bulletin and newspaper, 2017 has been an even better year for us selling properties from £150,000 to £1.5m and we are on course to do the same in 2018. Thankfully values remain stable and we have retained our record for agreeing 97% of our asking prices. In truth no-one knows what the impact of us leaving the European Union will be, politicians, bankers, businesses, or the person on the street but one thing is for sure is that we British have stamina that will deal with whatever the outcome is in a positive way and to our advantage. Why? Brexit has not stopped people buying here The reason is simple and that is that children are the highest priority for most parents and so they come here from all over the UK and the World to have the best education in both the state and private sectors for their children. They will not put their decisions or their lives on hold for the outcome of Brexit. Severn Bridge tolls - will removing them make a difference? Whilst the answer must be yes the biggest impact is likely to be on properties under the £300,000 level only because buyers of higher priced houses will probably have their tolls paid for by employers. The Bristol market This is by far more important to us here in the Monmouth area than the bridge tolls because Bristol has seen their property prices rise by more than 50% over the past four years so they have been a captive audience for us to sell to year on year. We have built up strong links with Bristolians over the years and we have linked agents there if we need them via our Mayfair Office Group. If people are buying here why wait? This is a question I regularly ask owners because for so many this Brexit unknown is a real worry for them. What is far more important is what is happening in our world locally. We are all growing older and life is too short anyway to be putting off those important life decisions like finding a smaller or larger house or moving to be closer to family. Nothing can be more important than our quality of life so maybe it’s time to be bold, selfish and British and just get on with your lives. My Christmas message Have fun with your loved ones and all those friends and family around you but for some of you don’t put next year on hold, grasp it firmly, use it effectively and make 2018 a year to remember. Phil Smith, Roscoe Rogers & Knight, 01600 713030 THE PROPERTY DROP ROUNDUP Pages 7,8 & 9 Pages 12 & 13 AGA & RAYBURN DISTRIBUTORS RANGE COOKER & WOODSTOVE STUDIO BETTY TWYFORD HOMEWARES & COOK SHOP Atlanta O’Connor Not only were we lucky enough to take a peek into Atlanta’s family home this Christmas, we are thrilled to be offering a free Design Day with Atlanta, in your own home. Be sure to enter. Local gifts Units C3 – C5 Marches Trade Park, Leominster Enterprise Estate, HR6 0QF www.twyford-cookers.com 01568 611124 A few last minute ideas for those ‘hard to buy for’ friends and family members. Something a bit different from Twyford Cookers of Leominster.
3 You have probably heard the quote: “If you do what you love, you’ll never work a day in your life” and this is certainly true for the staff at Monmouth property Bureau. This year Monmouth Property Bureau has gone from strength to strength, increasing our market share of both sold and rented properties, cementing our reputation as the “go to” agent for sales and lettings. 2017 has seen some fantastic highs culminating in our team winning the British Property Awards Gold Medal Award for customer services. Always willing to go the extra mile we have even helped one of our landlords rent their property in Croydon. We have represented some marvellous properties from modern town houses to character Barn conversions in Monmouth and the surrounding counties of Herefordshire and Gloucestershire. One of our all-time highs was selling part of the old Monmouth Dispensary, a glorious three story Georgian affair with a beautiful Jacobean style fireplace. So what can we expect for 2018? Whilst there are those in the industry who like nothing more than to talk the market down, at Monmouth property bureau we remain positive that the local property market will be stronger than ever for the following reasons. An increase in market activity is now more likely following the chancellor’s recent autumn budget offering stamp duty relief for first time buyers. We are now looking forward to a sharp increase in young homeowners in 2018 and with this in mind we are planning a special event in January to highlight the opportunities available to those looking to get on to the property ladder. The toll on the seven bridge will be reduced eventually to nothing and this is expected to generate an increase in business activity, property buying activity and overall more confidence in the region with the expectation that property values will increase. The number of new build homes expected to be released in Monmouth next year will help to free up chains making it easier for house sellers to trade as well as offering attractive investment opportunities for buy to let landlords. Interest Rates, despite the 0.25% rise, are still historically low and whilst the general forecast is for rates to move upwards they are not expected to rise dramatically and there are some excellent mortgage products to be had, speak to your financial advisor for more information. Will Brexit cast a shadow on house moving? Well the short answer is, we simply don’t know. There are house sellers who will hold back from selling because of it and equally there will be those who are rushing to sell for the same reason, but hasn’t it always been this way? From an estate agency point of view however, some things should never change. We will continue to provide more of the same quality award winning service, with competitive fees and knowledgeable staff. Monmouth Property Bureau, 01600 719183 Architect Garry Thomas anticipates we’ll see the following for 2018… Definitely smarter homes: exciting devices to transform the way we heat, light, entertain and secure our homes – all from a smart device. • More planning support for affordable self-build housing supporting local need everywhere. • More ‘golden-years’ adapted homes, built to reduce an increasing socialcare burden. • New material technology: carbon-fibre-balsa and bamboo timber products: highly sustainable. • And if that isn’t exciting enough, Brexit will turn out alright and house prices won’t fall through the floor. More from Garry on page 28. Joe Parry, Director at Fine & Country/Archer & Co Chepstow, said: “This year, we continue to see an increase in buyers in the Chepstow area, which has helped properties retain and increase their value. The market has been uncertain at times, but people still need to move, and the news of the Severn Bridge tolls continues to bring buyers from the other side of the Severn. “Looking ahead, we expect to see more sellers coming to the market in 2018 as confidence improves. We are expecting to see more people moving into the Chepstow area, particularly from Bristol. The areas of Tutshill and the A48 corridor towards Lydney are likely to be the next property hotspots as more and more buyers from Bristol seek a slice of the ‘good life’, close to the bridge.” Contact the Archer & Co team in Chepstow on 01291 626262 or in Usk on 01291 672212. New builds Throughout this issue we have an array of developments and new build homes in just about every form. From award winning national and local developers, to self builds and sites with planning. Will your new year include a new home? Pages 34 Interest rates and your mortgage Following on from the interest rate rise, information about the possible effects on our mortgages from Blestium Financial Services. www.thepropertydrop.co.uk 01600 717255 info@thepropertydrop.co.uk The icons under the properties throughout Property Drop indicate the following: Whilst every care is taken with materials submitted to The Property Drop the publisher cannot accept responsibility for loss or bathroom damage to such materials. garage/covered parking Opinions expressed in articles are strictly those of the authors. This publication is copyright and may not be reproduced in any form without written permission from the publishers. Prices and details are subject to change and the publisher can take no responsibility for omissions or errors. The inclusion of an advertiser in this paper garage/covered is not necessarily parking parking a recommendation. ©The Property Drop 2017 bedroom living bathroom etc bathroom bedroom bedroom garage/covered parking bedroom Number of bedrooms bedroom living room etc Number bathroom of bathroom bathroom garage/covered parking central heating parking living room etc bedroom living room etc living room etc reception rooms living room central etc heating central heating garage/covered parking Number of bathrooms garage/covered parking central heating central heating central heating parking parking ELECTRIC Method of central heating Covered garage parking parking Parking space
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Page 6 and 7: Sales & Lettings Agent Open 7 days
Page 8 and 9: 8 THROUGH THE KEY HOLE Christmas Be
Page 10 and 11: 10 PROPERTIES bedroom living room e
Page 12 and 13: 12 GIFT IDEAS A great family gift i
Page 16 and 17: 16 ADVICE Property Q&A Wyn Williams
Page 20 and 21: Chepstow Monmouth Usk Ross-on-Wye A
Page 22 and 23: 22 PROPERTIES Savvy buyers snap up
Page 24 and 25: FIRST CLASS HOMES IN A FIRST FIRST
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Page 30 and 31: Making estate agency make sense. Co
Page 32 and 33: 32 PROPERTIES 10 Monnow Street, Mon
Page 34 and 35: 34 ADVICE How to prepare for an int
Page 36 and 37: 36 MARKETS Autumn Budget 2017: 25 t
Page 38 and 39: 38 HOME IMPROVEMENTS The importance
Page 40: CALL: 01600 717255 EMAIL: INFO@THEP

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