Hereford Property Times 09/06/2011

44
Trereece House, Llangarron, Ross-on-Wye, Herefordshire Agent: Fox Grant Offers: £1,375,000 Call: 01531 637341 TREREECE House is a beautifully restored grade II-listed farmhouse. This delightful L-shaped stone house dates from the 15th century with C16th and C17th additions. The house combines immense character and charm with modern comforts, creating an ideal family house surrounded by landscaped gardens and grounds of approxi- mately 6.14 acres. Internally the property is well laid out and displays impressive exposed beams, period fireplaces, flagstone floors, fine carved oak doors and architraves and com- prises a reception hall, a drawing room, a dining room, a study, sit- ting room, a kitchen with informal dining room plus a boot room. There is a laundry/dog room and a cellar with ample cool storage. The bedroom accommodation consists of five good sized bed- rooms and three bathrooms. The master bedroom suite includes a luxurious bathroom. Linked to the main landing is the granary sitting room with full height ceiling and secondary stair- case. This room incorporates may period features and allows versatil- ity of use. The property benefits from a gen- erous gravelled parking area beyond which is a substantial newly built garage block. External steps lead up to two store rooms above. Opposite is an attractive restored traditional stone stable with dovecote. The gardens and grounds form an important part of this property. The owners have planted an array of specimen trees and shrubs to compliment the beautiful setting. The land is divided into four fenced paddocks laid to pasture. Andrew Grant ......... 4,5 Andrew Morris ................ 7 Arena Lettings ....... 40,41 Arkwright Owens ....... 37 Balfours with Berringtons .................................. 37 Barry Bufton ................ 33 Brightwells ................ 20 Brightwells Lettings ...... 35 Cobb Property ............. 21 Connells .................. 15 Flint & Cook ....... 24,25,38 Fox Grant ................ 28,29 Hayes ................. 30,31,32 Jacksons International 2,3 John Amos ............. 16,17 Knight Frank .............. 44 Maitland Rachel ...... 42,43 McCartneys ............ 12,13 Morris Bricknell ........ 8,9 Nicholas Craddock ...... 18 Nigel Ward ................... 33 Northwood ................. 27 Parrys ....................... 26 R G & R B Williams ..... 37 R M Caldicott ........... 39 Russell Baldwin & Bright ............................. 10,11 Sunderlands & Thompson ................................ 22,23 Stooke Hill & Walshe .... 14 Watkins & Thomas .... 6,39 Williams ....................... 19 INDEX Also search for property online at our website, herefordtimes.com/homes Dating from 15th century Vaulted dining hall Glen Oaks, Edwyn Ralph, Bromyard, Herefordshire Agent: McCartneys Offers: £495,000 Call: 01584 811999 GLEN Oaks is an impressive four bed- roomed, country residence finished to a high standard. The property benefits from under floor heating throughout and compris- es an entrance hall, a dining hall with oak flooring and a vaulted ceiling. The lounge has an inglenook fireplace and the kitchen/breakfast room is fit- ted with oak units, a Rangemaster cooker and integrated appliances. There is a cloakroom/WC, a utility and a study. The galleried landing gives access to the master bedroom with en-suite bathroom, a second bedroom with en- suite facilities, two further bedrooms and a family bathroom. Outside is a double garage and the gardens have lawned areas to both sides of the drive with various trees. The rear garden has lawns and a paved patio area ideal for alfresco din- ing on those summer evenings. 59 THE PROPERTY GUIDE FOR HEREFORDSHIRE, MID-WALES AND SOUTH SHROPSHIRE For professional advice on advertising on the property pages, call our dedicated team on 01432 845803

description

Hereford Property Times 09/06/2011

Transcript of Hereford Property Times 09/06/2011

THE PROPERTY GUIDE FOR HEREFORDSHIRE, MID-WALES AND SOUTH SHROPSHIREAndrew Grant ......... 4,5 Andrew Morris ................ 7 Arena Lettings ....... 40,41 Arkwright Owens ....... 37 Balfours with Berringtons .................................. 37 Barry Bufton ................ 33 Brightwells ................ 20 Brightwells Lettings ...... 35 Cobb Property ............. 21 Connells .................. 15 Flint & Cook ....... 24,25,38 Fox Grant ................ 28,29 Hayes ................. 30,31,32 Jacksons International 2,3 John Amos ............. 16,17 Knight Frank .............. 44 Maitland Rachel ...... 42,43 McCartneys ............ 12,13 Morris Bricknell ........ 8,9 Nicholas Craddock ...... 18 Nigel Ward ................... 33 Northwood ................. 27 Parrys ....................... 26 R G & R B Williams ..... 37 R M Caldicott ........... 39 Russell Baldwin & Bright ............................. 10,11 Sunderlands & Thompson ................................ 22,23 Stooke Hill & Walshe .... 14 Watkins & Thomas .... 6,39 Williams ....................... 19For professional advice on advertising on the property pages, call our dedicated team on 01432 845803

INDEX

Dating from 15th centuryTrereece House, Llangarron, Ross-on-Wye, Herefordshire Agent: Fox Grant Offers: 1,375,000 Call: 01531 637341 TREREECE House is a beautifully restored grade II-listed farmhouse. This delightful L-shaped stone house dates from the 15th century with C16th and C17th additions. The house combines immense character and charm with modern comforts, creating an ideal family house surrounded by landscaped gardens and grounds of approximately 6.14 acres. Internally the property is well laid out and displays impressive exposed beams, period fireplaces, flagstone floors, fine carved oak doors and architraves and comprises a reception hall, a drawing room, a dining room, a study, sitting room, a kitchen with informal dining room plus a boot room. There is a laundry/dog room and The property benefits from a generous gravelled parking area beyond which is a substantial newly built garage block. External steps lead up to two store rooms above. Opposite is an attractive restored traditional stone stable with dovecote. The gardens and grounds form an important part of this property. The owners have planted an array of specimen trees and shrubs to compliment the beautiful setting. The land is divided into four fenced paddocks laid to pasture.

a cellar with ample cool storage. The bedroom accommodation consists of five good sized bedrooms and three bathrooms. The master bedroom suite includes a luxurious bathroom.

Linked to the main landing is the granary sitting room with full height ceiling and secondary staircase. This room incorporates may period features and allows versatility of use.

Vaulted dining hallGlen Oaks, Edwyn Ralph, Bromyard, Herefordshire Agent: McCartneys Offers: 495,000 Call: 01584 811999 GLEN Oaks is an impressive four bedroomed, country residence finished to a high standard. The property benefits from under floor heating throughout and comprises an entrance hall, a dining hall with oak flooring and a vaulted ceiling. The lounge has an inglenook fireplace and the kitchen/breakfast room is fitted with oak units, a Rangemaster cooker and integrated appliances. There is a cloakroom/WC, a utility and a study. The galleried landing gives access to the master bedroom with en-suite bathroom, a second bedroom with ensuite facilities, two further bedrooms and a family bathroom. Outside is a double garage and the gardens have lawned areas to both sides of the drive with various trees. The rear garden has lawns and a paved patio area ideal for alfresco dining on those summer evenings.

Also search for property online at our website, herefordtimes.com/homes

60 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 2

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 3

THE HEREFORD TIMES, Thursday, June 9, 2011 61

62 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 4

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 5

THE HEREFORD TIMES, Thursday, June 9, 2011 63

64 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 6

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 7

THE HEREFORD TIMES, Thursday, June 9, 2011 65

66 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 8

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 9

THE HEREFORD TIMES, Thursday, June 9, 2011 67

68 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 10

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 11

THE HEREFORD TIMES, Thursday, June 9, 2011 69

70 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 12

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 13

THE HEREFORD TIMES, Thursday, June 9, 2011 71

72 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 14

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 15

THE HEREFORD TIMES, Thursday, June 9, 2011 73

74 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 16

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 17

THE HEREFORD TIMES, Thursday, June 9, 2011 75

76 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 18

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 19

THE HEREFORD TIMES, Thursday, June 9, 2011 77

78 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 20

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 21

THE HEREFORD TIMES, Thursday, June 9, 2011 79

80 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 22

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 23

THE HEREFORD TIMES, Thursday, June 9, 2011 81

82 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 24

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 25

THE HEREFORD TIMES, Thursday, June 9, 2011 83

84 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 26

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 27

THE HEREFORD TIMES, Thursday, June 9, 2011 85

86 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 28

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 29

THE HEREFORD TIMES, Thursday, June 9, 2011 87

88 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 30

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 31

THE HEREFORD TIMES, Thursday, June 9, 2011 89

90 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 32

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 33

THE HEREFORD TIMES, Thursday, June 9, 2011 91

Three-bedroomed cottage

Appealing features give home special characterBakery Cottage, Kilpeck, Hereford Agent: Sunderlands & Thompsons Offers: 275,000 Call: 01432 356161 BAKERY Cottage is a detached three-bedroomed three-year-old cottage, offering many appealing features which cleverly combine to give the feeling of old character, with fireplace, Aga, bay windows, oak beams and oak flooring. The property benefits from oil-fired central heating and double glazing and comprises an enclosed porch, a hall, a cloakroom/WC, a sitting room and family room. The kitchen/dining room is fitted with a range of light wood units and a large oilired Aga for cooking and hot water. There is a useful utility room and a study/fourth bedroom. First floor accommodation consists of a family bathroom and three bedrooms,

two with en-suite shower rooms and all with fitted wardrobes.

Although the gardens to the rear are small, they are cleverly landscaped.

To the front of the cottage is a wide parking area and an area of lawn to one side.

92 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 34

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 35

THE HEREFORD TIMES, Thursday, June 9, 2011 93

Orchard and views

Well renovated cottage

Church House, Clifford, Herefordshire Agent: McCartneys Offers: 395,000 Call: 01497 820778 CHURCH House is a detached, three-bedroomed country cottage which benefits from oilfired central heating, stunning views and planning permission for an extension to incorporate a fourth bedroom, an

en-suite and a utility room. The property has been fully renovated and finished to an extremely high standard with a newly fitted kitchen and bathroom. The accommodation comprises an entrance hall, a living room, a dining room, and a kitchen/breakfast room. The first floor landing gives access to a WC, three bedrooms and a family bathroom.

There is also useful loft space. Outside, the property is approached via a single track lane leading to a gated driveway. There is a large kitchen garden, seating area, large well stocked borders, a small orchard backing on to open farmland and views towards the Black Mountains. Early viewing is highly recommended.

94 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 36

herefordtimes.com

People making plansLATEST HOMES AND LAND IN YOUR CHOSEN AREA AT herefordtimes.com

SEARCH MORE PROPERTY 24-7

Herefordshire Council weekly list of planning applications receivedALMELEY: Change of use from holiday cottage to residential dwelling for Mr Stephen Dick at Orchard Barn, Upcott. BREDENBURY: Two-bedroomed bungalow to provide on-site accommodation at existing animal sanctuary for Mrs Jill Rollo at Goatsgalore Animal Sanctuary, Wicton Lane, Winslow. BRILLEY: Replacement with a new single-storey rear extension and a two-storey side extension, proposed fine furniture and wood turning workshop and garage set in existing grass mound for Mr Geoffrey Briden at Hillside, High Holborn Lane. Replacement of outbuilding with singlestorey extension for Mr and Mrs F Colman at Wyeside Cottage, Whitney-on-Wye. BROMYARD AND WINSLOW: Demolition of existing fivebedroomed house, two onebedroomed flats, annexe, one one-bedroomed flat over garage and two-car garage, erection of three three-bedroomed detached houses and three two-car detached garages together with access and parking facilities for Mr Nigel Cable at Highwell Meadow, 36 Highwell Lane. BURGHILL: Proposed access and turning improvements to existing access point for Mrs Heather Trapnell at High Grove, Tillington. Fell one Corsican pine at The Acorns for Mr Nigel Butterworth. CANON PYON: Planning permission to replace extant permission DCCW2008/0510/F, proposed erection of a twostorey extension to provide additional living accommodation, for Mr H Harries at The Rafters. Single-storey extension for use as utility room for Mr R Linnard at Bowkers Cottage. COLWALL: Overlaying existing retaining wall with railway sleepers and steel

columns for Dr G Marshall at Beacon Lodge, British Camp Road. CRADLEY: Proposed change of use of existing outbuilding to ancillary accommodation for Mr Russel Good at The Nupend. Proposed subterranean dwelling and associated landscaping pond and access for Mr and Mrs Cottam at Halesend, Storridge. CREDENHILL: Single-storey extension for Mr and Mrs R Jones at East Cottage. CUSOP: Proposal for erection of stone-clad retaining wall structure (retrospective) and a new timber-clad workshop and store for Mr Kirby Dean Richards, land at Victoria Terrace. DINEDOR: Variation of conditions 16, 18, 19 to extend the opening hours of previously approved CE2000/0009/N for the owner at Rotherwas Waste Management Site, Chapel Road. EYE, MORETON AND ASHTON: Demolition of wall to open blocked-up doorway for Mr David Coope at Berrington Hall. GOODRICH: Proposed twostorey extension for Mr Charles Laughton at Coppertops. HAMPTON BISHOP: Crown reduce four cypress, one hazel and one sycamore by 50 per cent, fell two cypress for Mr M Williams at Eightlands. HEREFORD; Demolition of existing garage units and erection of new workshops and fuel tank for Mr Simon Lewis at Hereford Ambulance Station. Erection of carport and store for Mr Brian Davies at 33 Link Road. Single-storey extension to form porch, garage, kitchen and WC with alterations to access and parking for Mr S Jones at 9 Audley Crescent. Mobile building for pre-school and extension for additional space for Ms Jo Davidson at Trinity Primary School. Conversion of three existing units facing Grandstand Road into residential dwellings and the construction two new dwellings situated to the rear of the site

fronting Highmore Street for Mr John Moxley at 100, 100a, 100b Grandstand Road. Two non-illuminated fascia signs at first floor level for the owner at 6 Trinity Square. Change of use to taxi office and erection of two radio aerials for Mr John Jones at 1A Imperial Business Centre. Non-material amendment to planning permission DCCE2008/3030/F for proposed amendments to the approved scheme design for basement conversion for Mr John Price at 20 St James Road. Non-material amendment to planning permission DMS/110231/FH for proposed first-floor window on south east elevation for Mr and Mrs John Foreman at 102 Westfalling Street. Fell one cherry tree situated in the playground at Whitecross Day Nursery. Non-material amendment to permission DMS/110736/FH to provide a small balcony to bedroom over the approved garage with an increase in height of the west side wall to act as a screen for Mr and Mrs N Williamson at 30 Hampton Park Road. 25 per cent crown reduction on four yew trees situated on front garden boudary with Folly Lane for Mr M Hutchinson at 5 Hatterall Close. HOPE MANSELL: Replace two windows for Mrs Meri Mayhew at Streete House. KINGTON: Single-storey domestic extension for Mr David Jackson at Upper Bradnor, Stanner Road. LEA: Extension and alterations including improved vehicular access for Robert Kerr at Lea Line Bungalow. LEDBURY: Change of use of former communal residential facility to use class A3

(food and drink) including alterations to Homend frontage and kitchen extension for Mr Adam Teper at Turner Court. Change of use from A1 shop to B1 (6), research and development of products, for Mr Roger Allsop at Hill House, 2 Bye Street. Change of use from kitchen and bathroom showroom to new and used car sales and servicing for the owner at 99 New Street. Non-material amendment to DMNE/093210/F for internal room planning amendment with resultant amendment of window positions, amendment of roofline for the owner at former garages, Fox Lane. Fell one conifer for Mrs Helen Johnson at 140 The Homend. LITTLE BIRCH: Proposed two-storey extension and change of use of land for Mr and Mrs A Godding at Shirley Cottage. LITTLE COWARNE: Addition of one underground service to existing line for the owner at electrical line at Shortwood, Pencombe. LITTLE DEWCHURCH: Proposed dwelling and access for Mr Morris at land adjacent to Lancresse. LOWER BULLINGHAM: Convert garage into study/playroom for Caroline Carmody at 26 Warwick Road, St Claires Croft. MARDEN: Change use of part of barn to office and the provision of four car parking spaces (retrospective) for T Jones at Small Ashes Farm. Alter roof by raising ridge height and fitting two dormer windows to rear, erection of singlestorey side extension, replacement porch for Continued on page 95

herefordtimes.com

PROPERTY TIMES ~ 37

THE HEREFORD TIMES, Thursday, June 9, 2011 95

Lovely conversionContinued from page 94 Mr Dale Collett at Stoney Croft. Remodelling and reroofing of kitchen and lobbies, installation of wood pellet boiler and associated steel flue for Mr R Hawnt at Ashgrove Farm. MATHON: Proposed building to house seven horse stables with a tack room and feed store, formation of a manege, use of land for horses for Mr H Cowell at Thumpers Patch. MUCH COWARNE: Retrospective permission for polytunnel, proposed polytunnel and general storage shed for Mr Colin Hadley at Moreton View, Burley Gate. MUCH DEWCHURCH: Proposed two-storey and single-storey extensions for Mr Chris Scarth at Wenmal Cottage, Orcop Hill. MUCH MARCLE: Non-material amendment to planning permission DMS/102708/FH, two-storey and first floor extension to property and two-storey extension to rear of garage to amend roof design to rear elevation of garage/annexe for Mrs Kathy Hunt at Serendipity House, Rushall. PIXLEY: Certificate of lawfulness for existing use, the use of one field for 10 caravans to be sited and used throughout the year, fields two and three for accommodating 45 touring caravans or tents all year round and occasional rallies, together with a toilet block, shower room, campers cabin and store to meet with the requirements of model site licence conditions for Mr Andre Riga at Pixley End Caravan and Camp Site, Trumpet. ROSS-ON-WYE: Repairs to roof coverings and rainwater drainage systems, re-render front elevation with lime render, repairs and replacement of windows to front elevation for Mr David BruceKingsmill at 5 and 6 High Street. Construction of 32-bed care home for the elderly for the owner at Ross Court Care Home. Fascia and projecting sign for new retail unit for Mr K Coften at 5 Gloucester Road. Fell four Western red cedar for the owner at St Joseph, Walford Road. WESTON BEGGARD: Proposed repairs and alterations to two existing outbuildings (part retrospective) for Mr Charles Probert at outbuildings at Purlbrook Farm. Proposed erection of two dwellings for Mr Jonathan Evans at Penyard Holt. WHITCHURCH: Retrospective application for siting of mobile home for residential occupation associated with equine business on part industrial part agricultural land for Miss Karen Harris at Losito Stud, Harris Lodge. WITHINGTON: Proposed change of use of land from agricultural yard to domestic curtilage of Sonas House including retention of existing buildings for Mr Martin King at land rear of Sonas House. Long Barn Cottage, Ordis Court, Sutton St Nicholas, Hereford Agent: Flint & Cook Offers: 329,950 Call: 01432 355455 THIS is a lovely, detached barn conversion, quietly located on the edge of the village. The property was converted approximately 20 years ago and retains a wealth of exposed timbers. It has oil-fired central heating and comprises an entrance hall, cloakroom/WC, a large lounge with an open fireplace and feature bread oven door, a dining room, a kitchen/breakfast room with a range of oak effect units and a utility room. The first-floor landing has doors to three bedrooms and a family bathroom. Outside, a path leads to a parking area flanked by lawn with numerous shrubs and trees. There is a further gravelled parking space to the side of a double garage which has two sets of double doors, useful attic space and

Beautiful ex-barnpart light and power. The main garden is mainly laid to lawn and enclosed by mixed and beech hedging. There is an ornamental pond and well stocked beds.

96 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 38

herefordtimes.com

New service

Find defects before buying, house-hunters are warnedMANY homebuyers take a risk by relying entirely on the valuation of a bank or building society to find out any defects in the homes they plan to buy. Richard Sexton, a director of e.surv, part of LSL Property Services, says: The lenders valuation will establish what a home is worth and its approximate state of repair. It wont necessarily reveal all the problems which can trigger some hefty repair bills after the buyers move in. When prices were soaring, this didnt matter so much. Buyers could sit tight, wait for prices to climb and eventually get their money back. In todays tighter, slower market, serious defects could see some buyers losing substantial sums when they resell. So e.surv is backing a new RICS Condition Report in the hope that its affordability will encourage more consumers to get a private survey instead of relying solely on the lender's valuation. The new report costs from around 200, approximately 150 cheaper than the Homebuyer Report. Sexton says: By making a private survey more affordable, we hope to fill a clear gap ers solicitors but it wont include fault advice or a market valuation. Sexton says: Anything that offers consumers an alternative to relying on a lenders valuation is welcome. Too many buyers dont realise a lenders valuation isnt really designed to spot potential repairs and defects. It is people buying more expensive properties who tend to opt for a private survey, while the less well-off avoid the added expense. Our Condition Report has broader appeal, especially to those on tight budgets. It isnt as comprehensive as a Building Survey or RICS Homebuyer Report, but it still covers the fundamental aspects of a private survey. If it catches on, the new report could also generate vital work for surveyors. Their profession has been devastated since the housing market downturn began in 2008 partly because many buyers are taking legal action against them because they believe they were wrongly advised to pay too much. The plunge in housing market turnover has also slashed demand for surveys.

Above: Dont rely solely on a lenders valuation rather than a survey, homebuyer report or new condition report. in the market. Eight out of ten buyers currently fail to arrange private surveys, and it costs an average 1,800 in repair costs for unidentified defects when they move in. If more people take out a survey, fewer are likely to suffer the heartache of shelling out hundreds and even thousands of pounds to repair defects a survey would have found. The Condition Report offers a traffic light coding system to rate individual aspects of a home, and highlights defects needing attention in an easy to understand format. It also provides advice to buy-

herefordtimes.com

PROPERTY TIMES ~ 39

THE HEREFORD TIMES, Thursday, June 9, 2011 97

More people renting than ever

Landlords urged to consider longer letsMANY tenants including young professionals on good salaries are asking for longer lets as they wait out the mortgage famine by settling into a rental property they like, says London letting agents Ludlowthomspon. Ludlowthompson says 71 per cent of lets it has agreed so far this year have been for two years or more, with nearly half (44 per cent) for three years or more. The agency says that renters who would traditionally enter the housing market as firsttime buyers are turning to longer lets of up to three years in some cases, as they tire of lenders reluctance to produce funds necessary to get on them on to the bottom rungs of the housing ladder. Stephen Ludlow, director of Ludlowthompson, says: Young people find it very tough to get on the property ladder. Many are now opting to wait out the mortgage famine by renting for longer in a property they like. One legacy of the credit crunch could be that the UK housing market moves closer to the European model, where longer lets are seen as the norm. Demand for longer lets has leapt in the last few months. Two or three-year contracts used to be a tiny part of the market but now they are much more widespread. A lot of tenants are trading up by renting nicer or more expensive properties because they know they will be renting for longer than originally planned. They pay more for a property they like with the knowledge they will not have to move every year. The most sought-after properties are typically attractive two-bedroom homes with good commuter links, and they are being snapped up for periods of two or more years at an unprecedented pace. Much of the demand is from young professional couples. Recent Government data confirmed a growing proportion of people are renting rather than buying. Some 3.4 million households are occupied by private tenants, up nine per cent in a year, and by 37 per cent on five years ago. Ludlow says: A growing proportion of the UK population is now in private rental accommodation and many want the security of a longer rental tenure. Many landlords like the security of long lets because they reduce void periods and alleviate the uncertainty of changing tenants. Ludlow says: Many tenants bring their own furniture, which is great news for landlords who let their properties largely unfurnished, saving money and the hassle of refreshing furniture between tenants. However, Ludlowthompson says tenants should always check with landlords before making any time-consuming or expensive redecorations. In some cases, landlords will contribute to the cost. Ludlowthompson also says that some tenants are using long lets to negotiate a Above: Young professionals are increasingly renting for longer as they wait to get on the favourable rent. Ludlow adds: If you are com- property ladder because of low mortgage availability. peting for a property you really like, an offer to sign a longer lease might well sway the landlord, and there may be scope to negotiate a slight discount on the rent. Ludlowthompson explains that usually neither the tenant nor the landlord is able to sever a tenancy agreement until six months before it is due to expire, when there is normally a break clause.

98 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 40

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 41

THE HEREFORD TIMES, Thursday, June 9, 2011 99

100 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 42

herefordtimes.com

herefordtimes.com

PROPERTY TIMES ~ 43

THE HEREFORD TIMES, Thursday, June 9, 2011 101

102 THE HEREFORD TIMES, Thursday, June 9, 2011

PROPERTY TIMES ~ 44

herefordtimes.com