Hunters October Newsletter

Welcome to Autumn and our October Newsletter.

Inside this month, you can follow Hunters recent media frenzy about the smallest flat in London; read the latest market comment from our Managing Director and find out about our newest branch opening in our continuously growing network. We hope your enjoy the read.

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Wishing you autumn sunshine and a colourful month ahead.

Best Regards,

Hunters Marketing

Hunters hits the headlines with something a little on the small side…

Hunters hit the headlines BIG time with a SMALL story earlier this month. The sale of a flat no larger than a full sized snooker table had London and the media talking – was this the smallest flat in London ever? It would appear so. London press, national broad sheets, BBC Radio and TV, ITV and CNN all wanted a glimpse of the story and staff at Hunters Baker Street branch were rushed off their feet.

The one room studio apartment on the 8th floor of Prince’s Court, directly opposite Harrods in Knightsbridge, spans only 3.15m x 2.54m (10’4 x 8’4) in dimension and contains just enough room for a bed (single and preferably wall mounted!), kitchenette, shower and WC.

A Princes Court porter has worked in the building for 25 years and maintains that this particular Pied-a-Terre is just that little bit tinier than the rest of the apartments in this sought-after residence on the Brompton Road.

Matthew Fine, Director of the Baker Street branch, has never marketed a property so small, “I can stand in the middle of the room and touch the walls! This is, however, a great little buy in a premium location".

After a week of media frenzy, Hunters received over 140 requests for details, carried out over 40 viewings and had in excess of 7 offers on the table. The property sold (subject to contract), for more than double the asking price. Disappointed bidders may get another bite of the cherry as Hunters has taken on an instruction for a flat on the 10th floor of the same building. This one is surely a penthouse – measuring a few feet bigger than the snooker sized pad two floors below!

For more information contact Hunters Baker Street

Green Shoots of Housing Market Revival?

In a market that can best be described as flat, it is hard to find anyone who is prepared to talk about a housing market recovery. All the principal sources - Halifax, Nationwide etc. - are reporting prices at a similar level to 2011 and volumes are also at 2011 levels, give or take a percentage point or two. But not everything is in the doldrums; house builders are buying land again and building more homes; architects, who are always an early indicator of a revival, are busier and even mortgage lending is showing tentative signs of improving.

Mortgage product numbers are up 7% v July, direct deals up 8%; the Funding for Lending Scheme launched on 1st Aug has stimulated lenders to broaden their ranges and to sharpen their pricing and several lenders re-entered the high LTV arena during August.

Most interesting of all, US housing market activity is picking up. The market in the US was the catalyst for all the current woes; the market and prices fell off a cliff in March 2007 which then domino-ed across the rest of the world in 2008. Hopefully the recent, positive signs will bring some much needed golden autumn sunshine to the 2013 housing market rather than being a false dawn; let's wait and see.

Kevin Hollinrake
Managing Director

Hunters arrives in Liverpool

Hunters the Estate Agent acquired Countrywide Franchising Ltd, who traded as Bairstow Eves Estate Agents, just over twelve months ago and since then branches throughout the country have been transformed into the Hunters look and feel. This month we welcome Hunters Liverpool to our growing network of branches.

Mike Chrysokhou of Hunters Liverpool is delighted with the look of his rebranded branch that opened earlier this month. “Now that we are part of Hunters we are able to offer a fantastic range of new services to existing and new customers; in fact anyone thinking of buying, selling or letting. I have a tremendous team of staff who are excited about the greater opportunities that come with being part of the largest independent franchise estate agency partnership in the UK.”

Mike is passionate about the benefits that the transition brings, “As a business owner I am moving over to Hunters with total confidence. The great passion I have for providing the best service in Liverpool is now further enhanced by the marketing offered by Hunters.”

Hunters Liverpool are experts in city centre properties for sale or to let.

Hunters celebrates a decade of Investors in People accolade

This month, we are delighted to celebrate a decade of Investors in People recognition. The achievement demonstrates an on-going dedication to our customers, staff and partners and a commitment to continuous improvement of our business services. Hunters has joined a select group of 3000 organisations, representing all sizes and sectors, who have achieved this significant, 10 year accreditation milestone.

Established in 1992, throughout good markets and bad, Hunters never lost sight of its original twin ambition of offering a first class estate agency service and having lots of fun in the process. Investing in great people to deliver that service has always been at the core of the organisation’s ethos.

In 20 years, the company has grown from 1 to 126 branches nationwide and is today the UK’s fastest growing independent estate agency network. Hunters has won over 30 awards and has twice been voted Best UK Estate Agent - recognition within the industry for commitment to customer service and excellence. The first company nationally to win accreditation by the Institute of Leadership & Management and the City & Guilds organisation for its in-house Training Academy, Hunters has also featured in the Sunday Times Best 100 company list.

Glynis Frew, HR Director for Hunters has been a champion for maintaining and improving quality standards and delivering an award winning staff training academy.

She commented: “I thoroughly believe in transforming business performance through people. IIP supports us to do just that and I am very proud of our achievements over the past 10 years”.