Hunters Newsletter April 2014


Welcome to our April Newsletter.

Every month, we bring you updates and comments on the property market as well as tips and ideas for selling, letting, buying or renting.

Hunters Managing Director Kevin Hollinrake comments on the recent budget review from a housing perspective and we look at some of our favourite gardens to host and Easter Egg Hunt!

If you have stories or news to share, please get in touch. Email marketing@huntersnet.co.uk or follow us on Twitter - @YO1_Marketing.

Enjoy the read!
Hunters Marketing


Budget Breaks Bolster the Housing Market

Hunters Managing Director, Kevin Hollinrake comments;

"The extension to the Help to Buy scheme was very welcome in last weeks Budget, but the biggest news for the housing market came in the form of future changes to pensions. The chancellor made the shock announcement that new pensioners would no longer be forced into buying an annuity (an insurance policy that provides a fixed rate of return for the rest of the savers lifetime) but instead could choose to draw down the full amount of their pension pot and invest in wherever they choose. Many will feel that buying a buy to let property is a tangible investment, provides solid income return and the potential for capital growth and, unlike an annuity, it can be passed onto their children. We believe that this will help underpin the property market for many years to come.

Of course, the Government will also be the winners as some of the money will be taxed upon draw-down, probably at their prevailing income tax rate. The losers seem to be the annuity providers, some of which have seen their share price halve since the announcement.

For more information, we would strongly recommend speaking to your financial adviser."

Let us know what you think…follow us @HuntersHomes or @kevinhollinrake



Sir Clive Woodward OBE attends Hunters Annual National Conference

We were delighted to have Sir Clive Woodward OBE as the headline speaker at our second annual National Conference on Friday 21 March at York Racecourse. As England’s Head Coach at their victorious Rugby World Cup 2003 and the Team GB Director of Sport at London 2012, Sir Clive Woodward OBE has had a fantastic career on and off the sporting field and gave an inspirational talk on ‘The DNA of a Champion’.

He also met with Easingwold School Headmaster Phil Benaiges and pupils from the school in support of Hunters' continued efforts to raise funds for the campaign to build a new community sports centre and a 3rd generation full-size football pitch at the school.

Sir Clive and Kevin Hollinrake, Managing Director of Hunters Property Group, both former pupils of the school, met with current  pupils and Mr Benaiges, where they learnt how the new facilities will encourage and develop pupils’ ability and passion for sport.

Over 200 Hunters representatives attended the conference, symbolising the recent growth of the company which now has market presence in all of the UK’s biggest cities including Birmingham, Manchester, Liverpool, Middlesbrough, Leeds, Leicester and Hull and over 30 branches throughout London and the south east. Stoke on Trent, Consett in County Durham, Hereford and Plaistow in East London are some of the most recent Hunters branches to open as well as an international partner in La Manga Club in the Murcia region of Spain. There are plans to open further branches in the coming months and throughout 2014 in locations across the UK including Warrington, North Shields, Birmingham and several sites across London.

Hunters plan to have 140 branches by the end of the year and over 500 branches in the UK in the next five years.




A look at the market in…West Hampstead

Director of Hunters West Hampstead, Gideon Gold reports a changing marketing over the last year and a very positive start to 2014, saying,

“Since May of last year, we have seen the market change dramatically. A real lack of supply against demand has driven prices up around 10% in the last year with some roads achieving &1000 per square foot.

The beginning of 2014 has seen more multiple offers and buyers constantly outbidding each other whilst the beginning of March has seen a surge in supply and demand remains as strong.

Properties are being sold without going on the market, sold within an hour and sold on the first day of marketing. The key is having enough properties to sell at the present moment to meet the demands of the ready and waiting buyers we have. We could certainly do with more properties - it really is a great time to sell".

For a free valuation in your area, please contact your nearest Hunters branch today.



Thinking of Letting?

Glynis Frew, a Director at Hunters reports good news for both potential tenants and landlords.

“In January the average cost of renting a home decreased by 1.7% to &800 per month. However, despite this monthly drop, rental amounts are still an average of 2.4% higher than the same time last year.

We can also report that the average age of a tenant increased during the past 12 months by 1.8% to 33.9 years and the length of time tenants are living in their rented homes is extending. This month’s data shows that they lived in their previous rented home for an average of 21.4 months - 5.6% longer than those in January 2013.

The combination of increases in age and previous tenancy length of new tenants shows how renting is a preferred choice for many families and professionals.

In short, more people than ever are renting a home in the UK. A National Landlords Association survey of 1,111 members shows that 31 per cent expect the market to be good, possibly very good, during the rest of 2014 with 27% buying an additional investment property.”

If you have a property to let or are thinking of moving to a new rented home, click here to find a lettings expert at your nearest Hunters branch.



Hunters expands its London reach with new office in Plaistow, East London

We are excited to continue our expansion in the capital, where Sanjeet Kapoor has  most recently opened a Hunters office in Plaistow. Situated in the London Borough of Newham, Plaistow offers fast transport links into the heart of the City, making it a sought-after area for commuters as well as savvy investors looking to cash in on the area’s regeneration.

Andy Bushell, Sales Director at Hunters Property Group, said: “Since 1992, we have grown rapidly, both organically and through acquisitions, to become the UK’s fastest-growing independent estate agency network with over 100 branches nationwide. To widen our reach in the London market is extremely exciting, particularly in an area of regeneration which is set to become one of the capital’s next hotspots.”

Sanjeet Kapoor joins the Hunters network after managing a successful estate agency franchise for Bairstow Eves in Enfield. Having worked within the estate agency industry for over 20 years, Sanjeet, born and bred in Plaistow, brings a wealth of existing industry skills and local property knowledge to Hunters. Alongside Sanjeet is a highly experienced team of four branch managers, all of whom join Hunters following careers with some of the capital’s most established estate agents.

Sanjeet Kapoor, Master Franchisee of Hunters in Plaistow comments; “Plaistow is one of the most buoyant and relatively untouched markets left that is within close reach of London. On the fringes of the City, the area is currently undergoing a full regeneration project, making it a wise investment as well as an inviting place to set up home thanks to its central location, wealth of property types and locality to the shopping, entertainment and leisure pursuits of Stratford.

As a team, we are looking forward to putting Plaistow firmly on the map, supporting the local community with all of their property needs as well as those looking to move into east London who have been priced out of neighbouring areas. With the continued support from the Hunters Estate Agents network, we aspire to expand our team and our reach by opening further offices in east London and Essex in the future.”

If you’re interested in finding out more about the services that Hunters Estate Agents Plaistow has to offer, call the team on 0207 474 23450207 474 2345 or visit the branch at 272 Barking Road, Plaistow, London E13 8HR.




Magnificent gardens for an Easter Egg Hunt

No matter how big or small your garden is you can create a fun and enjoyable trail amongst the plants, parkland, rockery and vegetable patches. Kids love to explore so make it educational with an Easter quiz or incorporate fun games amongst the chocolate treats! Your home-made trail doesn't have to be expensive either. Use little baskets, buckets or bags and bright coloured wrappers or even get the children to make their own packaging with their own Easter pictures before they start.

Here are some of our favourite gardens currently on the market - we think they would play host to the ultimate Easter Egg trail!

How about Moor Road, Hunmanby for starters? Surrounded by sweeping gardens and countryside with paddocks of approximately four acres, there are endless hiding places for the Easter bunny! There are mature trees, shrubs and flowers to the borders with various hedged boundaries, an orchard, rockery, patio and large detached green house!
The landscaped gardens at the Hawthorns, Eaton Bray are lined with tree borders and established flower beds, making a great place for an Easter trail. Or how about the superbly maintained garden with mature herbaceous borders, lawn and paved patio area at this property in Salmon Street, West Hampstead?

Do you have the perfect garden for an Easter Trail, general family fun or al fresco entertaining? Please email your pictures to marketing@huntersnet.co.uk



Have you carried out your Legionnaires Risk Assessment?

Did you know that due to changes in the Health and Safety Regulations all Landlords must carry out an assessment on the water system of their rental property to check for the potential risk of Legionella.

Legionella can be found in hot & cold water systems and the main area of risks are showers, taps and can even be found in a dishwasher and washing machine. These risk assessments need to be carried out every 2 years to identify and eliminate potential risks to your tenants.

Hunters are proactively contacting landlords and tenants to arrange the necessary assessments.  If you would like further information on this please contact us, or if you have recently carried out a risk assessment on your property please forward a copy to maintenance@huntersnet.co.uk.



Landlords! Are you clued up on energy rating improvements?

Did you know that as of 2018 if your property’s Energy Rating is an F or G you wouldn’t be able to continue renting out the property without carrying out costly energy saving improvements? Schemes have been made available by the Government to ensure these home improvements are as cost effective as possible. Hunters has met with providers who have funding in the following schemes;

The Green Deal is a government initiative to improve energy efficiency in UK households offering energy-saving home improvements such as loft, cavity or solid wall insulation, double glazing, a new boiler or even a 'micro-generation' system such as solar panels. The cost of the improvements are then attached to the property and repaid through the utility bill.

Eco - Energy Company Obligation is for the big six energy suppliers which works alongside the Green Deal to offer affordable warmth and provide heating and insulation improvements for low-income and vulnerable households.

If you would like us to check the Energy Rating of your rental property or give you more information on the schemes available then please contact the Maintenance Department on 01904 756150 or email maintenance@huntersnet.co.uk 

Please note that if you do proceed with any energy saving improvements to your property a new Energy Performance Certificate will be required.




Now taking entries for our June auction

Our auctions team are currently taking property entries for our upcoming auction which takes place at York Racecourse on 25th June. So if you have a property to sell that has maybe failed a survey, the sale has just fallen through or you have a property in poor condition, the auction route may be exactly what you need. These types of properties sell very well through auction and all buyers have a fair chance of purchasing with the best price possible achieved.

The auction process offers both the buyer and seller a definite timescale to complete the transaction. Contracts are exchanged on the night and completion takes place within 28 days. Properties often achieve much higher values than their published guide prices due to the determination of individual bidders to acquire a particular lot.

We offer free auction appraisals – we will give you the advice and information you need to achieve a sale at the best price.

Contact the auctions team today or request your catalogue and take a look at the properties available for our next auction



Add some sparkle to old furniture

Restoring old pieces of furniture is a cost effective way of transforming the look and style of a room, whether it’s an existing piece that you already own or a cheap buy at a car boot sale or vintage or charity shop. All you need to do is choose your piece of furniture, prepare it and then paint it!

To create a nice neat finish, ensure that you sand down existing paint and varnish. Apply a layer of primer followed by your desired colour and finally a coating of wax to seal.

Click here to read more about creating a Shabby Chic look for your home.




Categories