Hunters News July Edition

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New Tricks With New Bricks

New build property was once considered a luxury, something only the wealthy could afford.

… Over the past decade it’s become an affordable option for many.

“One of the main benefits of buying a new home is being able to tweak it to your liking,” says Kevin Hollinrake.

“Most builders give design options - be it the positioning of a downstairs cloakroom, number of built-in storage cupboards or the garden layout - and it’s rewarding to be able to give your input. It really makes the home feel special.”

If your new home is part of a development there’s often a real feeling of community and camaraderie to be found. After all, you’ll all be moving in at around the same time and are often at similar life stages, such as parenthood or retirement.

With the current economic climate potential buyers of new homes often find themselves with the upper hand in negotiations. Builders need to sell to move onto their next development, so may be willing to negotiate on price or offer upgraded items - such as kitchens and bathrooms - at no extra cost.

You may also find yourself saving money on your energy builds, with modern green building techniques, such as solar panels on the roof, bringing bills down.

We currently have some stunning and interesting new build properties on the market.  Click here to view the Chichester just released at the Staynor Manor development, Selby.

Hunters Charity Golf Day Raises £8000

THOUGHTS of the recession were left in the bunkers at a golf day that raised a staggering &8,000 for charity an the local community.

The event at Easingwold Golf Club was a terrific day, enjoyed by all.The proceeds will be split between Henshaws Society for the Blind - which has a college in Harrogate - St Monica’s Hospital in Easingwold and York Against Cancer.

25 teams of four players entered; with LSL The Bondsmen - who own several estate agency chains - were the overall winning team.

Kevin Hollinrake, managing director of Hunters, said: “It was a fantastic day and the amount we raised was phenomenal.

“The golf course was in superb shape and the club gave Hunters great support in organising the event.

“Every time we hold a charity event I’m bowled over by the support we receive from businesses and residents. We may be in recession, but thank goodness it’s not stopped people looking at the bigger picture and supporting good causes.”

The event also included a charity auction, with lots including dinner cooked in your home for a party of eight, donated by the award-winning Durham Ox at Crayke. Sponsorship from new home builders Redrow, conveyancing company Live and commercial property experts Get Busy Living enabled plenty of prizes to be on offer, including the chance to win a brand new car on the 11th.

Hunters Auction Results Best Ever, Exceeding the National Average By 15%

Every year Hunters Auction Department records an increase in the number of properties going under the hammer.

“I think the popularity of television programmes such as Homes Under the Hammer have played a huge part in demystifying the auction process,” says Hunters director and auctioneer John Waterhouse.

“There was a time that selling by auction was seen as the last resort for a property that wouldn’t sell. That really isn’t the case anymore. Sellers like the idea that there’s a date to work to - a godsend if a quick sale is needed - and the fact that once the hammer falls that’s it. There’s none of the negotiation headaches of forward chains and gazumping.

“Similarly, buyers like the fact that if they’re successful everything happens very quickly.”

Remember though, that once that hammer falls the contract is legal and binding. The purchaser has to pay a ten percent deposit there and then, and come up with the balance within twenty eight days. If you’re selling property at auction, you will need to decide with your auctioneer what your reserve price is. This is the minimum price that you will accept once the bidding starts.

At our recent auction, held at York Racecourse on Wednesday 20th July we were hugely successful and we sold 80% of all our lots, which well exceeds the national auction average.  Click to view results.

The auctioneer also has to decide what the guide price of the property should be. This isn't necessarily the same as the reserve price. The trick is to keep it low enough to entice buyers to attend the auction but for it not to be unrealistically low so that bidders are put off if the price quickly surpasses the guide.

John Waterhouse and his team at Hunters Auction Department are here to help. Call today for a free information pack for both potential buyers and sellers. A home visit and valuation of your property can also be arranged.