Our Carlisle team have just released their brand new SUMMER newsletter! Click here to give it a read. We hope you enjoy it!
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Rents grow at fastest annual rate in 16 years Average asking rents outside London hit another new record of £1,126 p/m, up 3.5% vs. last quarter and 11.8% vs. last year:Average asking rents outside London have jumped 19% (+£177) in the two years since the pandemic started, the same growth in rents that took eight years pre-pandemic to reach.This qu...
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Events in the property market are largely controlled by turnover and turnover affects prices - up or down. There are major events like world wars and global pandemics and inconvenient events like fuel and food shortages, interest rate increasing and cost of living rises. But it might surprise you to learn that the events which so often drive the pr...
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As we head into spring, Lynne Lancaster of PFK Estate Agents looks at what's required to win the race to buy a home. Markets are forever in flux. So our handling of markets must be flexible. We can buy, hold or sell in the stock market depending on conditions. In a fruit and vegetable market we can buy the freshest produce early in t...
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The Bank of England have today issued a consultation on changing the affordability tests for large mortgages in the wake of the global financial crisis. Whilst house prices continue to increase is this the right way forward? Lynne Lancaster Head of Estate Agency at PFK said "We are seeing some clients who are looking for larger mortgages find thems...
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Even seasoned estate agents say that there has rarely been a property market like this. "Property prices rising at pre-banking crisis levels", "Properties for sale - numbers lowest in decades", say the press in reaction to comments made by lenders, property websites and other interested parties. Moving might not be complicated for buyers who don't ...
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My friends in the Midlands tell me that the housing market there has recently been all but frantic. Perfectly ordinary houses (their words, not mine!) attracted numerous viewings almost as soon as they were listed. Was it the urge to benefit from the tail-end of the Chancellor's reduction in stamp duty, even though it was already partially wi...
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Who doesn’t love spending time in the great outdoors? Be it near or far, when the weather is good, there is nothing better than taking time to enjoy t...
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Penrith Farmers and Kidd’s PLC are pleased to announce the appointment of the new Penrith Estate Agency Manager, Daniel Brown. Daniel began his career...
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Penrith Farmers and Kidd’s PLC are pleased to announce the appointment of the new Carlisle Estate Agency Manager, Tessa Milner. Tessa lives in Greysou...
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Lesley from our Whitehaven team looks to a genius to make some sense of a property market, the like of which we haven’t seen since the 1980s. What Isa...
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Admiral Nelson is revered for winning the naval battle of Trafalgar more than 200 years ago but he is also famous for disobeying his orders! He once ...
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We know there’s a property boom when adverse events that might otherwise have knocked the market off course fail to do so. Whilst we entered into Lock...
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Properties up to £500,000 will benefit with stamp duty holiday being extended until 30th June and then from 1st July until end of September stamp duty...
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According to the Nationwide, January 2021 saw a house price growth of 1.8%, the highest growth since November 2018. Mortgage lenders are also saying ...
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A Stamp Duty e-petition has raised over 100,000 signatures and therefore MPs and the Government will now debate the stamp duty deadline and consider t...
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In light of the recent lockdown announcement I am sure we are all now considering & contemplating how 2021 will pan out. 2020 was a challenging ye...
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Estate and Letting agents continue to operate in tier 4 and house moving (sale or rental) can continue. PFK, since March 2020 have had safe measures i...
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Lynne Lancaster gives some important advice for all those rushing to buy or sell a property by 31st March next year.When time is short, as it now is i...
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The housing market and Estate Agents will continue to operate during lockdown. PFK will continue to work and help our customers buy, sell or rent. Ful...
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