The Current Climate

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 ...

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Farm Support Schemes: Deadlines Approaching

As we move through to the final third of 2022, things are still continually evolving with regard to the new farm support schemes, and the changing BPS with us now knowing a little more than we did earlier in the year, but still awaiting details of many of the new schemes. There are some up and coming deadlines, which need not to be missed: The appl...

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Rural Property Demand Remains High

As we transition into Autumn, Jo Edwards writes why now is the best time to sell your rural property: As we move into the final third of 2022, I for one am not sure where summer has gone. Up here in Cumbria, we have been extremely lucky in that we have had a generally warm and dry summer, but have not suffered the very hot and extremely dry co...

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'Hot Box'

 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...

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Delayed - Decision on West Cumbrian Coal Mine

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...

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New face at PFK Keswick

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 ...

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Nutrient Neutrality Update - July 2022

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...

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A View from the Boundary

Whilst the recent heatwave will assist in bringing forward hay time and harvest (both of which look encouraging), commodity prices have begun to ease but still look to be well above where many would expect or want them to be. Farming, more than many industries, rarely has the luxury of certainty making budgeting at the moment quite a challenge but ...

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Summer Selling Tips, Market Updates & Much More - Summer Newsletter

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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Lettings market update, Q2 2022

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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What is important in a confusing property market?

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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Using the Local Plan or Neighbourhood Plan to Restrict Second Homes

A recent vote undertaken in Whitby has seen the community vote resoundingly in favour of imposing restrictions on second homes, with the aim of ensuring that all new homes built in area are for full-time and primary occupation. Many coastal and rural communities have experienced a significant increase in the proportion of homes in their area being ...

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Revised National Planning Policy Framework?

On Wednesday 8 July 2022, the Secretary of State for Levelling Up, Housing and Communities, Michael Gove announced that a revised National Planning Policy Framework will be published in July. This was a bit of a surprise announcement which generated much discussion within the planning and development sector. His announcement was made in response to...

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Summer 2022 Newsletter

Bringing you all the latest up to date information, our latest newsletter is now available to view by clicking the link below: https://mailchi.mp/57b37b38f764/pfk-land-agency-summer-newsletter-2022 In this newsletter, you'll find Jo Edwards' outlook on what we can expect in the coming months, why there is no time to waste when it comes to new ...

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Environmental Land Management (ELM) Scheme 2022: Sustainable Farming Incentive

 England is now in the second year of the phasing out of the current Basic Payments Scheme (BPS) and the transition to the new Environmental Land Management (ELM) schemes, these new schemes are based on the principal of 'public money for public goods', paying farmers and landowners public money for carrying out farming and land management acti...

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PFK Estate Agency in Carlisle, Cumbria

Head Office, Agricultural Hall, Skirsgill, Penrith, CA11 0DN