Welcome to the latest edition of the Thistleblower.
It’s been interesting talking to my many colleagues who are involved day to day in property transactions in this part of North Hampshire.
There is a feeling that values have started to flatten out; hardly surprising given extremely strong increases over the last year.
So where are we headed? The Bank of England has stated that interest rates will rise but earlier this month voted to retain the current 0.5% rate which has been in place for five years. However, there are clear indications that the rate will increase possibly this year, more likely next.
Our view is that values will remain at current levels until there is a significant improvement in the number of properties coming to the market. There will always be exceptions to the rule but our general advice to home owners looking to sell, is to do so now – we don’t believe we will see further material changes in values - either way - for the remainder of the year.
Ed Mackenzie Smith
Managing Director
With a great location just outside Farnborough town centre, Queensgate, which features an enticing range of energy efficient family homes and apartments in a landscaped setting, has been incredibly popular. Johnson House is the last collection of apartments in this phase of the Queensgate and 66% of the apartments are already reserved… Continue reading →
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Every now and then, something truly remarkable comes to the rental market; this is one of those occasions. This stunning detached family home was constructed in 2006 by renowned house designers, Huf Haus. These bespoke homes crafted in wood and glass are specially created in Germany after a lengthy consultation process with the initial buyer… Continue reading →
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Over the recent months I have sat in my office in Hook which is located in a superb position in Hook Village Centre, and as my clients visit me I have realised how important having an office located on the high street … Continue reading →
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Within the rural village of Eversley are many country and period properties. One of which is Firgrove Manor that dates back to 1736 and subsequently converted into stunning apartments in 2004. Within this classic building we have a charming one bedroom top floor apartment that combines Georgian charm with contemporary living to create stylish and spacious living. … Continue reading →
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Demand for property is still outstripping supply; one contributor is the tenancy for potential sellers to hesitate to go 'on market' until they find a suitable property to buy. However the most successful property transactions are often where a buyer has been secured before a client looks for their next home. This may sound a complex way to do it but with the right Personal Client Manager to manage the process it doesn't have to be, and our clients can search for their next property with confidence… Continue reading →
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We have recently Sold this family town house on Elvetham Heath and have demand for similar properties. If you are thinking of selling please contact us for a valuation and Market Appraisal.
SOLD: This three bedroom town house is ideally located within walking distance of Elvetham Heath primary school and Elvetham Heath centre and provides comfortable accommodation for the family. Continue reading →
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We were starting to wonder if this unprecedented demand for rented accommodation could continue as once again we have experienced another record breaking month for new tenancies. We had some concerns that the stock level of available properties to rent would fall as some landlords decided to sell their investment properties taking advantage of the rise in house prices, but it seems there have been an equal number of new landlords coming to the market and buying investment properties. … Continue reading →
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In an elevated position on the fringes of Farnham and Aldershot this property, within walking distance of Aldershot Train Station, is an ideal landlord investment opportunity. The substantial detached Victorian house is currently in use as a bedsit with an apartment on the 2nd floor, though it could be converted back to a family home with generous reception rooms, period features and a large rear garden. Continue reading →
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Mackenzie Smith have been having great success with the increasingly popular Open House Event service offered. At the moment there seem to be Open House Events happening every weekend, resulting in many property sales for our clients. Plus Open House Event this weekend... Continue reading →
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The bunting is up, the visitors arriving, what would make a more typical English Summer Village Festival than a spot of rain! It may have been wet but spirits weren’t dampened by the downpour at Hartley Wintney Village Festival, which … Continue reading →
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The property market is moving so quickly at the moment it can be challenging to keep ahead of it, a property you look at one morning could be sold or let that afternoon, and that can put the pressure on. There are a few ways to reduce the pressure including making sure you are registered with us and following and liking us on social media, so our news and newly available properties come straight to you … Continue reading →
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Historically when the housing market is doing well with increased demand and house prices rising, the lettings market usually takes a bit of a hit until the housing market cools back down and then lettings picks back up again. Demand is still high for rented accommodation but it is important not to get carried away and set the rent too high as an empty investment property is not a good investment… Continue reading →
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Send your photographs of Fleet, Church Crookham, Crookham Village and Elvetham Heath to win £250 in Mackenzie Smith Estate Agents Photography Competition. Perhaps taking a casual stroll along the tranquil waters of the Basingstoke Canal, a leisurely walk around the … Continue reading →
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