Worcester Property News 18/08/2011

8/6/2019 Worcester Property News 18/08/2011

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Jump in your 4x4 and head intthe country for some characteThis week is barn conversion week in Property News, as Mike Pryce discovers there are plenty of gems in this part of th

ITS time again to clamberinto the 4x4 and take atrip along the lanes ofWorcestershire in searchof country character,

plenty of beams and lovelyviews.

Of course you dontnecessarily need a fourwheel drive, just an ordinarycar will do, but when youjoin the county set it helps tolook the part.

In this partof the worldthere areplentyofconversions of formerfarmbuildingsto chose from, sohereis a quartet, starting withMiddleBarn,a spacious homein a small development in thevillage of Little Witley, about

ten miles west of Worcester.With attractive brick

elevations the barn has fineviews across its gardens andover the countryside beyond.

Approached over a sharedprivate drive, the barn hasits own hard standing andturning area plus garage.

A large reception hall leadsthrough to the mainaccommodation whichincludes an impressive openplan sitting and dining roomcomplete with a wealth ofexposed timbers and fineInglenook fireplace fittedwith a wood burning stove.

A kitchen breakfast roomhas recently been refittedwith attractive cream plainpanelled Shaker type units

beneath dark granite effectworksurfaces. Fittedappliances include an electricoven with inset hobandextractor over,dishwasherandinset sink unit anddrainer.

Set off from the kitchen is

a useful study area alongwith a utility room.

The first floor has four wellsized double bedrooms,including a master and guestbedroom both en-suite.There is also a well fitted

family bathroom and all butone of the bedrooms enjoythe fine views to the rear.The barn has hardwoodpanelled doors throughoutwith sealed unit doubleglazed windows. A shared

private tarmac drive leadsfrom the lane and in turnonto the gravelled drive atthe front of Middle Barn.

At the rear the propertyhas a large and variedgarden with fine views.

THREE MORE OF A KIND: BARN CONVERSIONS IN WORCESTERSHIRE

BUYERSINFO

PRICE: 425,000AGENT: FISHERJOHN SANDERSCALL: 01905 72

THE WAIN HOUSE

THE Wain House is a deceptively spacious detachconversion with character accommodation in a glo

location at the end of a no through road in the villfive miles west of Worcester.The property stands in good sized gardens that aentertaining and adjoin open fields providing a plebackdrop.The accommodation comprises an entraliving room with a woodburner, a conservatory, a kbedrooms, a bathroom and a cloakroom.The property has wood double glazing and oil-firedheating. It stands in attractive lawned gardens witshrub and flower borders. Adjoining the conservadecked area with balustrade providing a pleasant a table and chairs and from here leads to a largerfrom which views over the adjoining countryside cenjoyed. A gate leads through to a hard standing PRICE: 255,000; AGENT: PHILIP LANEY AND JO01684 575100

THE HAYBARN

THE Haybarn at Bransford, three miles west of Worcester, is adetached oak barn conversion with a wealth of exposed oakbeams and attractive landscaped gardens.The accommodation includes four double bedrooms, abathroom and two en-suites.There is also a lounge, a feature dining-hall, a kitchenbreakfast room, a cloakroom and utility room.The property has a double garage and parking for eight ormore cars.PRICE: 495,000; AGENT: HALLS; CALL: 01905 611066

OAK BARN

OAK Barn in Hospital Lane, Powick, is a conversion of old farmbuildings at the former Home Farm, midway between Worcesterand Malvern.The accommodation, which has plenty of exposed beams,comprises an entrance hall, a combined sitting room and diningroom with full length windows to the front and French doors tothe rear, plus a kitchen/breakfast room with integratedappliances and a utility area off.There is a master bedroom with en-suite shower room, twofurther bedrooms and a family bathroom.The property has a fully enclosed rear garden, with a lawn andpatio, two allocated parking spaces and a further communalgarden area.PRICE: 249,950; AGENT: ALLAN MORRIS; CALL: 01905612266

PROPERTY NEWS

PLENTY TO CHOOSE FROM: Middle Barn is a spacious home in a small development in the village of Little Witley, about ten miles west o


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PROPERTY NEWS

Handsome property

in conservation areaHIGH Walls is a handsomeproperty in a conservationarea in the village ofWhittington, just south ofWorcester.

Set in private grounds it hasan entrance hallway, a loungeand a kitchen/dining roomwith a utility/pantry.

On the first floor there are

three bedrooms and a familybathroom. The property has alandscaped garden with shapedlawns and mature borders,trees and shrubs, a patio areaand tarmac dr iveway.

It is enclosed by high wallsand hedging.

The double garage has beendivided and is currently used

as a games room and storageroom.

The property further benefitsfrom gas central heating, andsome double glazing.

BUYERS INFO

PRICE: 365,000AGENT: REEDS RAINSCALL: 01905 619904

A THREEbedroommodern-stylemid-mews

property, 341Bath Road lies tothe south ofWorcester citycentre with theM5 only a coupleof miles away.

The groundflooraccommodationcomprises anentrance porch,an entrance hall,a lounge, akitchen/diningroom and aconservatory. Onthe first floor thelanding leads tothree bedroomsand a bathroom.

The propertyhas gardens tothe front andrear, off-roadparking and agarage.

There is alsodouble glazingand a gas centralheating system.

Mid-mews near the M5

PRIVATE: High Walls is a handsome property in a conservation area in the village of Whittington.

MODERN-STYLE HOME: 341 Bath Road lies to the south of Worcester city centre.

BUYERSINFO

PRICE: 169,950AGENT: YOURMOVECALL: 0190523456



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Thursday, August 18, 2011 PROPERTY NEWS

BAY FRONTED SEMI

IN THE CITY

A TRADITIONAL-style bayfronted semi-detachedproperty, 10 Grove Crescentlies in the St Johns area ofWorcester.On the ground floor it has astorm porch leading into anentrance hall, a sitting roomwith a feature fireplace, adining room, a kitchen and alean-to style conservatory.While on the first floor alanding leads to threebedrooms and a bathroom.The house has gardens to thefront and rear with a garageand driveway providing off-roadparking.The rear garden has a lawnwith hedge and fenceboundaries.

PRICE 169,950; AGENTYOUR MOVE; CALL 0190523456

PROPERTYPROFILE

TAPENHALL House at

Porters Mill, betweenWorcester and Droitwich, isa striking Georgian house,grade two listed and datingback to the early 1800s.

The current owners havelived there for about 23 yearsand over that time haverefurbished the property,which has a new roof.

The house is full oforiginal features andtherefore has muchcharacter. There isdecorative architraving tothe doors of the drawingroom, dining room andprincipal bedrooms, finefireplaces, wonderful floorswith black and creamflagstone tiles to the hall,red quarry tiled floors and

flagstone floors to the rearhall and utility, withexposed wooden floors to thefirst and second floors.

The solid oak front doorhas stone steps to it and aglass fanlight above. Thereception hall has cream andblack stone tiles with animpressive staircase.

The drawing room enjoys

the far reaching views asdoes the dining room.

The kitchen has atraditional feel with itsAlpha (Aga style) range

cooker. On the first floor themaster bedroom has theimpressive outlook acrossthe valley.

Bedrooms two and three

have traditional fireplaceswith raised grates. Bedroomthree has a wardrobe/cupboard with an intricatelycarved door and surround.

On the second flo

bedrooms, two of have further tradfireplaces.

A detached gardbeen built in keepthe main house. Ttwo garages with store to the side.

The main gardenlarge lawn that geaway from the hoborders the orchapaddock to the en

Paths lead throuwoodland which bfield below.

To the south eashouse is a wonderwith a water featucentre.

To the south of tgardens is a padd

was a former orchThe paddock gendown to the field, bordered to the onthe river Salwarp

Grade two listed buildinis striking Georgian hom

STRIKING: Tapenhall House at Porters Mill is situated between Worcester and Droitwich.

BUYERS IN

PRICE: 795,000AGENT: KNIGHTCALL: 01905 723

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Thursday, August 18, 2011

NewHomesNewsAROUND THE DEVELOPMENTS

Helping hand on the ladder

PROPERTY NEWS

TAYLOR Wimpey is set to help

first time buyers in Eveshamget on the property ladder byoffering the Governmentsnewly-launched FirstBuyscheme on a range of homesacross the region.

FirstBuy, which was unveiledin the Chancellors Budgetearlier this year, supports firsttime buyers who could nototherwise afford to buy becauseof the large deposits nowrequired by mortgage lenders.

FirstBuy works through ajoint loan of 20 per cent fromthe Homes and CommunitiesAgency (HCA) and TaylorWimpey, which means thateligible purchasers only need toput down a five per cent depositand obtain a 75 per cent loan-to-value mortgage. The loan is

repayable at the end of the 25-year mortgage term or whenthe property is sold.

To be eligible, purchasersmust be first time buyers andthe total household earningshould be less than 60,000.

Taylor Wimpey is offeringFirstBuy on a collection ofthree bedroom properties at itsLavender Field development in

Evesham. Anne Wallace,regional sales and marketingdirector for Taylor WimpeyMidlands, said: FirstBuy

enables us to work closely withthe Government to help morepeople in the region buy theirfirst home.

An increase in the number offirst time buyers entering themarket is also good news forthose further up the chain.

We believe that this schemewill make all the difference tothose who can afford the

monthly repayments on amortgage but not the heftydeposit. With only 80 per cent ofthe propertys value to finance,

buyers will have access to awider choice of mortgageproducts and more competitiveinterest rates.

For further information, visitLavender Fields, call 0845 6725185 or log ontotaylorwimpey.co.uk/lavenderFor information on FirstBuythrough Taylor Wimpey visittaylorwimpey.co.uk/FirstBuy.

SETTLED: To be eligible, purchasersmust be first time buyers.

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NewHomesNewsAROUND THE DEVELOPMENTS

PROPERTY NEWS

M

ANY peopledream ofwaterside livingin an idyllic

location, close toa beautiful historic city andsurrounded by stunningviews.

Well for Kate Jones thisdream became a realitywhen she found her perfectapartment at Taylor WimpeyMidlands Diglis Waterdevelopment in Worcester and she liked it so much thatshe persuaded her parents tomove there as well!

Already living in a smallterraced house in Worcestercity centre, Kate felt sheneeded more space and sowent to find out more aboutthe apartments being builtat Diglis Water. Having seenthe show apartment anyinitial reservations were

gone and Kate knew shedfound her dream home. Infact, she was so impressedby what she saw that shebought off-plan and couldntbe happier with her decision.

Kate said: The locationwas what first attracted meto Diglis Water as it is righton the river front, and nearto the canal basin which is abeautiful area.

I had a few doubts aboutbuying off-plan at first butafter seeing the showapartment, which is similarto the apartment I bought,my mind was made up.

Being able to see how myhome could look was a hugehelp to me and in fact, thelayout of my apartmentturned out to suit me even

better than the show home!The second bedroom was

so spacious that Ive endedup turning the masterbedroom, which has afantastic balcony, intoanother living room givingme more space to enjoy.

After Kate moved in, herparents came over fromWales to visit her new home.

They were so impressed bythe development and Katesapartment that, with a littlepersuasion from theirdaughter, they too decided tomove to Diglis Water!

Kate said: My parents

have lived in the same housein Wales for over 60 years sothe decision to move wasreally big. When they cameand saw my apartment theyfell in love with it as muchas I did and, as Ive beentrying to persuade them tomove closer to me for a longtime, this was the perfectopportunity for them to doso. I dont think it wouldhave been as easy toconvince my parents ifTaylor Wimpey hadnt beenso helpful. The staff atDiglis Water really pushed

the boat out and between

them and the estate agentsin Wales, my parents found abuyer within two days! Thecustomer service has beenwonderful at Diglis Waterand the development is veryaccessible for those who areless abled

Overall it has been apleasure moving with TaylorWimpey I would definitelyrecommend them.

Kates parents movedusing Taylor WimpeysEasymover* scheme which isdesigned to help those whoare struggling to sell their

current home. Once youvereserved your plot, TaylorWimpey, with the help ofpre-selected estate agents,

will help you find a buyerusually within four weeks ofgoing on the market.Everythings arranged foryou, the bill is picked up andyou pay no moving costs**.

Diglis Water, which haswon an NHBC QualityAward and a Seal ofExcellence Award, issituated where theBirmingham and Worcestercanal meets the river Severnand has breathed new lifeinto Worcesters riverside.Currently available is arange of stunning one andtwo bedroom apartments,three bedroom penthousesand three and four bedroomtownhouses.

Anne Wallace, regional

sales and marketing directorfor Taylor WimpeyMidlands, said: Itsfantastic that Kate and herparents have now moved inand are making the most oftheir magnificent newhomes and were delightedthat their home buyingexperience with TaylorWimpey has gone sosmoothly.

As Kate highlights, wehave many options for househunters who are strugglingto move, so why not pay us avisit to find out more?

Prices currently start from144,995 for a one bedroomapartment, 174,995 for a twobedroom apartment, 184,995for a three bedroomtownhouse and from 459,995

for a three bedroompenthouse with stunningviews over Worcester.

For further informationand to view a fantasticvirtual tour of thedevelopment, visit themarketing suite and showhomes on Diglis Dock Road,which is easy to find offDiglis Road, call 0845 6724033 between 10am and 5pmdaily or log ontotaylorwimpey.co.uk/diglis.* Subject to terms andconditions.** Subject to certain plots.

Diglis Water is afamily affair forKate and parents

RIGHT MOVE: Kate Jones with her mum Vera at Diglis Water.

Accommodation

to Let

Houses & Flats

to Let

Land For Sale

Premises to let

Rooms To Rent

worcesterneThursday, August 18, 2011TO LET

Comfortable house.Fully refurbished,

3 bedrooms, two bathrooms.

Part furnished. Central location

for City Centre - Arboretum.Employed only, references.

GCH, DG,

Sorry no pets/ smokers.

Immediate occupancy.675 per month

plus deposit

Tel:01299 832888 or

07703 485828

HALLOW S/C QUIET ANNEX

Part u/f, NSH, Dbl bed, lounge,

kitchen, shower, w/c. Profs &

N/S, parking. 410 pcm

01905 640140

BARBOURNE

maisonette Dpcm excl. 07

TWO STUDENT BEDSITTERSSt John's area, quiet family

house, CHDG, internet access,N/S, 65 per week inc

01905 423640

3 BED 3 STOREY MODERNHOUSE

East Worcester.DG,CH,Parking,No pets.Refs

needed. 700 pcm.2 BED MODERN FLAT.

DG,CH,Parking. 5 mins CityCentre. No pets. Refs needed.

550 pcm07814 247500

3 BED E.O.T HOUSE

Aconbury Farm, WR5 1SN.

Garage & 2 parking spaces.

Cloakroom, lounge/diner, patio

doors to garden, cul-de-sac.

Unfurnished. 725 pcm excl.

725 deposit.

07870 316412

FARMHOUSE SHARELeigh Sinton. Non smoking

Professional req.60 per week

01886 832230

BLACKPOLE/ WARNDONRefurbished rooms from

50per week inc bills.Good facilities

01905 457658/ 07866 521941

ONE BED U/F FLAT

Parking, close to city

495 pcm

Telephone 07947 777017

CITY CENTRE TOWN HOUSEDouble room. All mod cons. 2

bathrooms. No DSS. 400 pcmall inc.

01905 764228 / 07855 781906

LARGE

PER

Ba

2 doub

2 reception.

garde

2 sharin

Avai

0190

FOR RENTBeautiful 2 double bedVictorian mid terrace house,

within easy walk to City Centre.Unfurnished plus kitchen

appliances, 2 receptions, GCH,private courtyard garden,

available immediately575 pcm 12 months min,

no DSS, no dogsJim 07737 024376

ROOM TO LET

Quiet house, single room,

ground floor, off road parking,

C/H, doulble glazing, garden.

80 pw, inc bills.

07813 943433

HOU

St Johns, Wo

semi, C/H,

garag

6

0781

STURainbow Hparking, D

room,07967 21504

ST JOHNSDouble Rooms/in refurbishedhouse, garden/parking. From

300 pcm all incl.07870 367316

T

1 Bed sel

Blackpole

lounge, kitch

tral heating,

0755

MODERN ONE BEDROOM

GROUND FLOOR APARTMENT

TO LET

Close to local amenities with

parking.

550 per month.

Ready Sept. 30th. 2011.

Tel: 07930 411717

BATTENHAL

contained fla07903 19347

BattenhallDouble and single rooms to let

in a shared house.48 single, 60 double.

For details: 01905 357452

ST JOHNS

Rooms to let with parking.

From 280 pcm all inc.

07791 451020

2 BED MEWS HOUSE

In quiet location between K1 &

K2. GCH, Parking.625 pcm

07813 673811


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Thursday, August 18, 2011 PROPERTY NEWS

WARNDON VILLAGES, WORCESTERUnfurnished two bedroom property with hall,lounge, kitchen, bathroom with shower, frontgarden only and allocated parking.575 pcmTOWN & COUNTRY 01905 610710

FORT ROYAL HILL, WORCESTERSelf contained first floor apartment with hall,lounge, dining room/bedroom, kitchen, twobedrooms and bathroom. Unfurnished.650 pcmSIMPLY LETS 01905 612818

CALDY AVENUE, WORCESTERUnfurnished one bedroom unusual coachhouse style apartment with central heating,driveway parking and a garage.525 pcmPREMIER PLACES 01905 616616

HAMILTON ROAD, WORCESTERMid-terrace property cose to city centdining room, kitchen, bathroom, showthree bedrooms, heating and courty550pcmSIMPLY LETS 01905 612818

COBHOUSE BARNS, WICHENFORDBarn conversion with hall, cloakroom,breakfast kitchen, spacious lounge, threebedrooms, en-suite and parking. Unfurnished.725pcmSIMPLY LETS 01905 612818

SANSOME COURT, WORCESTERBeautifully presented one double bedroomapartment with built-in storage, shower room,kitchen, lounge, patio courtyard and parking.550 pcmPREMIER PLACES 01905 616616

WORCESTERA mid terrace property comprising split levellounge, dining area, kitchen, bathroom, threebedrooms, double glazing, central heating.565 pcmTOWN & COUNTRY 01905 610710

DIGLIS COURT, WORCESTERUnfurnished town house with entrandouble bedrooms, bathroom, en-suitgas central heating and secure alloca695 pcmPREMIER PLACES 01905 616616

LettingsNewsHOMES OF THE WEEKS

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LettingsNewsHOMES OF THE WEEK

PRIMROSE HOUSE, WORCESTERVery spacious apartment with two doublebedrooms and secure gated parking on the edgeof the city.650 pcmMARTIN & CO 01905 619890

WARNDON VILLAGES, WORCESTERWell presented and pet friendly four bedroomdetached house with fantastic links to the M5and close to Worcestershire Royal Hospital.895 pcmMARTIN & CO 01905 619890

REGENT HOUSE,WORCESTERModern and spaciousthree bedroomtownhouse withkitchen diner,playroom/study, builtin wardrobes, gardenand parking825 pcm

HILLS ESTATE AGENTS01905 723545

BARBOURNE, WORCESTERRecently updated two bedroom contemporaryapartment in a converted period building on thenorth side of the city675 pcmMARTIN & CO 01905 619890

BRITANNIA ROAD , WORCESTERSplit level one double bedroom flat with lounge, re-fitted kitchen, double bedroom, study, bathroom,shower and parking space495 pcmHILLS ESTATE AGENTS 01905 723545

THE number of newtenants looking forrental accommodationhas grown by 15 percent in the secondquarter of this yearcompared to the sameperiod last year,according toCountrywide, the UKslargest lettings andproperty services Group.

Leading local lettingagent Taylors took partin the UK-widequarterly researchwhich found thatdespite marginalincreases in new rentalproperties coming tothe market, demandcontinues to outstripsupply with an averageof five tenantscompeting for eachavailable rentalproperty.

High demand hasresulted in tenants

snapping up propertiesin a record nationalaverage of 13.3 days half a day quicker thanthe same period lastyear. In the WestMidlands area, therewere 7.2 tenants foreach available propertyin the second quarterthis year, up from sixin the first quarter.

Properties weresnapped up in anaverage of 11.7 days,down from 12.1 in thefirst quarter of theyear. Countrywide,which operates over1,300 estate agency andlettings offices acrossthe UK, also uncoveredsome significantchanges to the types ofproperties available torent, measuring aninflux in theavailability of largerfamily homes across

the UK. Nationally, 3+bedroom propertiesnow account for 41 percent of all rentalproperties, comparedto less than a third ofproperties in thesecond quarter lastyear (32 per cent),suggesting that sellersmay be looking to letout their unsold family

homes and investorlandlords may begrowing theirportfolios with thisprofile of property asthey respond to tenantdemand for this type ofaccommodation.

Louise Winnall,lettings negotiator atTaylors Worcester, said:Whilst future houseprice movementsremain uncertain andthe mismatch of buyerand seller expectationcontinues, we are

seeing landlord voidperiods fall and expectthis high level ofdemand to continue.Were seeing elevatedtenant demand in theWorcester andBromsgrove areas.

Viewings are atrecord highs and thereis still an average offive tenants competing

for each availablerental property soalthough the location,price and condition ofthe property remainimportant, propertyundoubtedly remains asound investment forthose hoping to takeadvantage of hightenant demand.

If you are interestedin renting or letting, orrequire any propertymarket and financialservices advice, contactTaylors on 01905 20934.

PROPERTY NEWS

Tenant demand continuesto outstrip supply in city



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Thursday, Augus

LettingsNews

LANDLORD Assist, thenationwide tenant evictionand rent collection firm, isurging landlords to carryout regular testing onelectrical equipment inrented properties.

Every year over 30 peopleare killed due to faultyelectrics in the UK, andaccording to governmentfigures almost 60 per cent ofall accidental fires in UKhomes are caused by faultyor misused electricalappliances.

For landlords it isimportant that they carryout regular checks onelectrical equipment asrented properties tend toreceive more damagethrough general wear andtear.

The number of electricalappliances in rentedaccommodation has risenover the last few years aslandlords try to target

young people andprofessionals with modernfurnishings and appliances.

Subsequently, PortableAppliance Testing (PAT) hasbecome an increasinglyimportant part of alandlords res ponsibility.

Although there isnt alegal obligation for

landlords to haveprofessional checks carriedout on the electricalappliances, they mustensure that all electricalequipment supplied as partof the tenancy is safe underthe Electrical Equipment(Safety) Regulations.

Without carrying out

regular tests, landlordscould be found to have failedto take reasonable steps toensure the safety of theirtenants, and leavethemselves liable to fines,imprisonment andinvalidation of theirproperty insurance.

Graham Kinnear,managing director atLandlord Assist said:Nearly all fires caused byelectrical appliances can beprevented by regulartesting. Landlords mustunderstand their legalobligations when it comes toelectrical safety in theirrental properties. Failure tocheck the condition ofelectrical appliances can puttenants in serious dangerand result in prosecution.

Landlord Assist providesadvice and services tolandlords and letting agentsthroughout the UK and canbe contacted on 08707 662288.

ACCORDING to city-basedlettings agency PremierPlaces, the Governmentsfirst time buyer initiative haslimitations and is unlikely toimpact on the lettingsmarket.

While many propertyowners might be rubbingtheir hands together at theprospect of a revitalisedproperty market, PremierPlaces warns that thescheme is only likely tobenefit house builders andthere is unlikely to be a realimpact on the lettingsmarket locally as theincentive only applies to new-builds.

The Governments new

Firstbuy Direct initiativehelps first time home ownerspurchase new properties byproviding them with a 25 percent deposit 10 per centfrom the Government, 10 percent from the house builderand the remaining five percent to be provided by thepurchaser themselves.

Eligible individuals will

receive the 20 perdeposit in the forinterest free loanrepayable when tis sold.

By launching initiative the Govhoping to kick-stdevelopment of nand protect jobs construction indu

Initial feedbacof our tenants, thlooking to get thon the housing lasuggests that thewelcome the initextended to all pand not just newthis severely restchoice of where t

explained Julia Wdirector at PremiMrs Williams w

However, if houfall further, as sopredict, these Goloans could be seirresponsible lenfirst time buyersthemselves in a dposition.

PROPERTY NEWS

First time buyinitiative has li

Landlords reminded of their

electrical safety obligations

TEST: It is vital to regularly check electrical equipment.

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Thursday, August 18, 2011

LettingsNewsPROPERTY NEWS

Buy-to-let is sound investmenLANDLORD Assist, thenationwide tenant evictionand rent collection firm,believes market conditionsfor professional landlordshave never been better as thedemand for rental propertiesshows no signs of slowingdown.

Since the recession thedemand for rentalaccommodation has soared,as would-be buyers havestruggled to get on to theproperty ladder.

This has allowed buy-to-letinvestors to charge recordrental returns andexperience shorter voidperiods than ever before.

Although conditions in theproperty market are now

beginning to show slowimprovement, Stephen Parry,commercial director atLandlord Assist, believes therental market will remainbuoyant and an attractiveproposition for investment.

He says: Recent datashowed that a third oflandlords have been able toincrease the rents they are

charging on their portfolios.This, coupled with

increased tenant demandand the fact that themajority of professionals arenow estimated to be in

rented accommodation for adecade before they buy aproperty, means the situationfor landlords is likely toimprove even fur ther.

Favourable market

conditions have promptedmany lenders to return tothe market to launch freshmortgage deals to attractnew landlords into themarket and encourage

existing landlords to expandtheir portfolios.

Managing director atLandlord Assist, GrahamKinnear, said: The numberof mortgage products

available to buy-toinvestors has doubthe onset of the dorents have peakedtenant demand is time high.

With such ideallandlords should fconfident about thprospects over themonths.

Paul Hughes, resanalyst at Landlorsaid: Low intereshuge demand fromsensible pricing anchance of capital makes buy-to-let ainvestment.

Add to this the rannounced changduty, aimed at enc

institutional invesis easy to understaare excited about prospects for the m

Landlord Assist advice and informlandlords and lettthroughout the UKbe contacted on 08or via their websitlandlordassist.co.u

SOUND INVESTMENT: Buy-to-let is popular as tenant demand soars as would-be buyers struggle to get on the property ladder.

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Worcester Property News 18/08/2011

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Transcript of Worcester Property News 18/08/2011