Lynne Lancaster, Head of Estate Agency at PFK looks at the current state of affairs in today's market. The government's mini-budget weakened the pound and the result of that was that mortgage lenders immediately withdrew their fixed rate products. Nationwide immediately put plans in place for 'new' fixed rates however this obviously brought a ...
Lynne Lancaster of PFK Estate Agency looks at the human side of buying and selling a home. In the days before technology invaded estate agency - flooding it with helpful and sometimes not so helpful 'proptech' – estate agents kept buyers' details written down sometimes on cards that were stored in plastic boxes. These were called hot boxes an...
The government has confirmed that a decision on an application for an underground mine that would be located on a brownfield site south-west of Whitehaven will be made on or before 8 November 2022. A decision on the application, which was the subject of a Public Inquiry in September 2021 was expected on or before 17 August 2022. Th...
PFK Estate Agency, Keswick, are delighted to announce the appointment of Catherine Armstrong. PFK Keswick's Branch Manager, Hannah Sims (left), will soon be going on maternity leave and PFK are pleased to announce that Catherine Armstrong (right) will take on the role as Manager for the Keswick office during Hannah's leave. Catherine has ...
Almost four months have now passed since Natural England published updated advice with regards to water pollution and more specifically Nutrient Neutrality causing significant disruption to planning application submissions across Cumbria. So where are we now? Honestly, not a lot further forward! We know that Cumbria is one of the worst affected are...
Our Carlisle team have just released their brand new SUMMER newsletter! Click here to give it a read. We hope you enjoy it!
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...
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...
At the end of March 2022, all of the Local Planning Authorities in Cumbria received 'Nutrient Neutrality Notifications' from Natural England in relation to rivers and waterbodies in the catchments of Protected Habitat Sites. Natural England have issued this advice where Habitats Sites are in an unfavourable conservation status and additional nutrie...
Penrith Farmers' and Kidd's PLC (PFK) are delighted to announce the appointment of a new non-executive director. Ian Lancaster was appointed to the Board in February 2022. Ian, born and bred in Cumbria, has his own Chartered Accountancy firm in the city of Carlisle. He is married to Jayne and has three sons, aged 27, 25 and 20. Alongside his accoun...
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...
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...
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 ...
At PFK we have throughout our 145-year history always been passionate about property, dedicated to customer service and proud of our people. We saw frenzied market activity throughout 2021 with just under £180 Million worth of property and land transacted through PFK and we continue to record even higher levels of buyer demand which is driven by a ...
PFK have been helping farmers, landowners, developers, rural businesses and individuals in all aspects of rural development for over 145 years. Our planning services encompass new residential development and agricultural workers dwellings, agricultural buildings and permitted development rights, local and agricultural occupancy conditions, lawful d...
There has been plenty written recently about planning for the future given the changes which are pending in the agricultural industry, but one type of planning which seems to be in short supply is the planning on how to pass on your farm to the next generation. In a recent survey carried out by NFU Mutual, it found that 52% of farmers surveyed did ...
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Whilst it is no doubt nice to be able to look back on what, for many, has been a successful year in the farming calendar, with all commodity prices showing significant gains on recent years, as everyone in agriculture is aware, this shouldn't mask the changes that we all face in terms of the pending start to the reduction in the payments received u...
DEFRA have launched the Farming Investment Fund. The Fund is made up of 2 strands – The Farming Equipment and Technology Fund and The Farming Transformation Fund. The grant is aimed at providing farmers, growers, and foresters with support to invest in the things which will improve productivity and help improve animal health and welfare and r...
Optimising use of organic manure not only benefits soil structure and health, but can also save a small fortune in artificial fertilizer costs. With nitrogen prices spiralling ever upwards at present and reaching heights which make you wince, now is the time to look to ensure you are making optimal use of the organic manure which you produce on you...
