As of Autumn 2024, the buy-to-let (BTL) market is navigating a challenging environment shaped by various economic and regulatory factors. The landscape for landlords has become increasingly complex, leading to a mix of resilience and adaptation among property investors. One of the most significant pressures facing landlords is the rise in interest ...
Whilst we are seeing an increase in the volume of properties coming to market and some buyers appear to be taking their time to make purchasing decisions. Unique properties with no immediate competition continue to attract swift interest and quick sales. These one-off properties, often in prime locations or featuring distinctive characteristics, st...
Lynne Lancaster, Director & Head of Estate Agency at PFK finds grounds for optimism for the Autumn property market. Hush, don't mention green shoots. Those two words are guaranteed to put the mockers on just about anything. However - whisper it quietly we must - there is a stirring in the property market. Here at PFK, we are starting...
Since last year, we've been working on producing our very own bespoke PFK magazine which we're delighted to announce has arrived. In the magazine, you can find tips on selling your home, improving kerb appeal, the buying process and much more. You can view the eBook version by clicking here. Alternatively, you can pop into your local PFK branch and...
Looking for a new home with an exceptional view? We've handpicked six stunning properties that we currently have on the market, all which boast the most incredible countryside views, take a look. 1. Burr Gill, Underskiddaw, Keswick - £1,200,000 An exceptionally rare opportunity to acquire a substantial, four bedroomed detached house with stunning p...
Spring is often considered a good time to sell a property in the UK for several reasons: Improved Weather: Spring brings milder temperatures and longer daylight hours compared to the winter months. This makes it more pleasant for both sellers and potential buyers to view properties. Additionally, properties tend to look more attractive when gardens...
Whilst some experts are predicting falls of approximately 2-10% on house prices during 2024 it is also being suggested that rising incomes should help improve affordability and therefore transactions will continue. There is speculation that the base/mortgage rates may reduce further and closer to 4% which in turn will give better flexibility on pro...
In our latest digital magazine (and last of the year!) we have covered what's been happening in the property market this year, success throughout 2023 and most importantly, our predictions for 2024 and what to expect when it comes to buying, selling, renting or letting next year. To read the full newsletter, please click here
PFK are pleased to have been granted detailed planning approval to develop their own land at Mile Lane for their new Head Office facility. Andrew Green, Managing Director, confirmed "We are delighted to have worked closely with the newly formed planning department at Westmorland and Furness Council in achieving a great result that will enable us to...
Seasons gone by, we've used this famous quote in our windows, as it succinctly says exactly why this time of year is so beautiful. I was reminded of this when friends recently visited for my daughter's first birthday party, remarking on the wonderful quality of the light this autumn, revealing the minutest detail of rocky crags on distant fells and...
Non-Executive Director at PFK Robert Craig, where he contributes towards the growth of the Rural Department of business has been appointed as the new Chair of the Royal Association of British Dairy Farmers (RABDF). At the associations October Chairman's meeting on the 3rd October, Robert, the previous Vice Chair, started his three year tenure, taki...
If you need a second dwelling on your farm, do you know what is required? Being fully informed might make the difference between success and failure. Obtaining planning permission in rural or isolated locations can be interesting at best, but being poorly advised or not advised at all, is not the way to proceed. The National Planning Policy Framewo...
PFK are delighted to announce that Jo Edwards has been welcomed onto the board as a Director of PFK Rural Limited. Jo has been with PFK since 2005 and has been a very important and hardworking member of the team, we are extremely glad to be able to share her passion and expertise with the entirety of PFK. We hope that like us, you will join us in c...
On the afternoon of Thursday 27th July, PFK Rural Ltd offered for sale 214.95 acres of permanent pasture land in parish of Matterdale. Andrew Maughan from Penrith & District Farmers' Mart undertook the auction on behalf of PFK Rural and offered for sale five lots all of which were met with plenty of competitive bidding. First up was Lot 1 which...
When we compare January through to June 2022 against the same period in 2023 PFK have actually seen an increase of 6% in the volume of properties Sold subject to contract year on year. This contradicts market speculation against mortgage rate increases and confirms that property will sell as long as the asking price is realistic. We are however see...
