Thursday 29 November 2012

The Land of Opportunity


With the summer behind us Richard Killoughery of Christies takes a look at how the property market is shaping up this autumn.

Some commentators consider that the property market is still over-valued by up to 20%.  And that somehow it is tenuously suspended above reality by the slender threads of easing, very low interest rates and a little market traction generated from central London.  These people predict a hard landing. But is that very likely? 
Although there are doomsayers who predict more falling property prices theirs is an overall view and each region will behave differently: there may well be enough activity to ward off further slippage.  There certainly seems enough life in the market generated by those making non-discretionary sales and purchases.  If this continues until the banks and other lenders finally sort themselves out and do what they are supposed to do, then another bump should be avoided.
But where is the activity that we do have coming from? Buying and selling property in this market is certainly not the exclusive province of the fortunate: it is the exclusive province of the determined.  Few, in any part of the market, who don’t need to move home are doing so.  But there seem to be plenty of people whose lives and circumstances are leading them to buy property.  It is this group that is keeping the market as buoyant as it is, and these who in time will no doubt be very pleased that they acted when they did, as this is a market of certain opportunity. To all those politicos who insist we have a housing crisis this may all come as a big surprise.  They need to accept the fact that what we really have is a crisis of mortgage lending coupled with low confidence - it’s the economy, stupid.  In some respects a housing crisis may even be preferable to the perfect storm we have now.  Which is why our leaders may be calling it that.
For those determined souls who are coming into the market there are some pitfalls to beware of. Sellers with too ambitious an asking price and unreasonable expectations in the prevailing conditions will really find things tricky.
Buyers should remember that while the market favours them it does not favour them completely. Realistic offers will be treated, at worst, with polite encouragement.  Unreasonable offers will not.
But treat buying, selling and others – including us estate agents if you will! - with a little understanding and there really are some great deals to be done, even in this market.  If you are determined, then welcome to the land of opportunity.

Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.

www.christiesworld.com



Crystal Balls


Nick Churton of our Mayfair Office predicts what will happen to predictions concerning the property market next year.
It is the time of year when some in the property game are tempted to look into their crystal balls and predict what will be happening in the market in the year ahead.  A quick look at how correct last year’s crop of predictions from industry spokesmen faired shows how dubious making predictions is. These outpourings won’t change anything and are pretty soon forgotten – if they were ever remembered in the first place.
What really affects the market is confidence and that’s something that is impossible to predict. Confidence doesn’t come from an upbeat industry or government prediction. It creeps unseen and unnoticed into the national psyche.
Borrowing remains difficult and new home starts remain limited. We are at a forty-year low in private home ownership and we don’t know when, if ever, this will change. The national economy is more than ever tied to the behaviour of other countries and regimes that we have little or no control over – any more than we seem to have over our own financial institutions. There are so many unknowns today affecting the market that prediction seems pointless.
Yet our Mayfair members have seen better trading for the fifth year running since the banking crisis.  Are homebuyers choosing to enter the market because national circumstances suggest they should?  Hardly.  It is because personal or family circumstances suggest they must.
Market excess is when discretionary buyers sense the opportunity for a significant short-term capital gain. A balanced market is when buyers need a property as a home first and perhaps a long-term investment second.  Right now we are in a more balanced market.  Some predictions suggest that it will not be until 2019 when we re-attain the heady days of high property values that were encouraged by delinquent lending.  We should all be careful for what we wish for.


Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.


Latest Local Property Market Price Index from Christies


The latest Christies House Price Index, using the most up to date reliable data from the Land Registry, confirms that property in the local area continues to represent an outstanding investment.

Medium and long term gains are exceptional. Based on past performance anyone looking to buy a property in the coming months will be very encouraged to see that prices have risen by 35% over the previous ten years and by an astonishing 168% over the previous 15 years.

What is perhaps even more impressive is that prices have risen by 2% since the start of 2012. Remarkably, in spite of the down turn in the property market since 2007/2008 prices are still within 4% of the level reached 5 years ago.

The comparison is based on the average price of all local properties sold including flats, maisonettes, all types of houses and bungalows. Figures for October & November are not yet available - the Index will be revised as soon as the data is released so please check this page regularly for any updates.

Date............Average Price.........Average Price May 2012.......YEARS............INCREASE
Sep-97..............£93,438..........................£250,531...........................15.....................168%
Sep-02............£186,236..........................£250,531...........................10.......................35%
Sep-07............£261,303..........................£250,531............................5.........................-4%

Over the years, and particularly in recent times, demand for properties in Cheam and the nearby areas, such as Sutton, Ewell, Epsom, Banstead and Kingswood, has increased dramatically. Much of this demand is due to the location of the properties we sell, which are ideally situated on the fringes of London, bordering rural Surrey greenbelt countryside with picture postcard villages and market towns full of rich heritage and character.

Buyers flood into the area to take advantage of a wide range of leisure and shopping amenities. The local schools are nationally renowned and attract large numbers of enquiries, ensuring that property sale levels and prices have remained well above quoted national averages.

Cheam Village has a flourishing local community with many popular cafés, restaurants and varied independent shops and businesses; this, coupled with many high street names, creates an enviable mix of retail and food outlets. Combined with excellent road and rail links, demand for property remains constant and represents an exceptional investment.

Christies have an unparalleled understanding of the area and are dedicated to ensuring customers are always informed – not just on the property market and prices ,but also the area and amenities. When looking at buying a new home, we believe it is imperative that our purchasers are fully informed about all aspects of the potential move.
Your estate agent should be able to answer any of your questions regarding this. We are proud to represent this area and convey that passion to anyone looking to move here.

Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.

www.christiesworld.com



Two Heads...



On the basis that two heads are better than one, then one hundred heads are a great deal better still. Andrew & Jeremy Richardson of Christies recently joined other highly regarded estate agents at the annual Mayfair Group conference at the prestigious RAF Club in London’s Piccadilly to add their experience and know how to one of the most important meetings in the property calendar.


The estate agency world moves so fast nowadays. Information and the flow of it have turned a rather slow-working, paper-ridden business into a lightning fast service that uses all the latest technology. But there are still important factors between yesterday and today that have not changed, like the crucial responsibility of helping clients with their most financially important assets.


Technology, national and international marketing, working together, photography and advertising were discussed during a lively and thought-provoking afternoon. The Mayfair Group represents over 450 offices worldwide including over 300 offices throughout the UK.

Firms from all over the UK, and several from Canada and the USA, were represented. 

Andrew Richardson of Christies says, "This conference is very important and next year’s is already in the diary. Working together is what sets the Mayfair Office Group apart. Being local experts is important, but so too is working together with the best in the business across the UK and overseas. The Mayfair Group conference brings all this amazing property expertise together with one aim – how we can all work better, smarter and more successfully for our clients."

Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.

www.christiesworld.com



Voting for Christmas


With Christmas fast approaching Richard Killoughery of Christies takes a look at how the property market is shaping up as we approach the holiday season.

In these austere times, especially in the run up to Christmas, it is quite natural to want to get the best deal going, particularly on big-ticket items. And there is no bigger ticket than property.


There are lots of ways to try to get a good deal when buying or selling a property. A favourite is to attempt to buy a house for less than it is worth. Would you sell your property for less than it is worth? No you wouldn’t. And neither will anyone else in their right mind. Another way is to try to get someone to buy your own home for more than it is worth. Would you pay over the odds for a house?

But what is a property really worth? That is an emotive question that always has a subjective answer. Nowadays a fun thing to do is to look up the value of the property in which you are interested on one of the many internet property portals. You may be delighted at the stated low value - until you look up the value of your own property. It is then that you discover what a complete farce it all is. Because the value of an individual property can’t be determined through some clever algorithm.

Yes, value is influenced by recent local sales, details of which can be stored on a database. But value is also determined by appearance, proportion, condition, orientation and running costs. It is determined by décor, cleanliness, smell and feel. It is determined by places to put things like cars, clothes, vacuum cleaners, empty suitcases and children. Then there are the neighbours, the nearness to local schools, shops and public transport, the view, the garden size, the state of the market and the desire of the buyer. These issues can’t be quantified by data that can be stored on a database. Even in a street of identical houses one side of the street or one end of it is usually more desirable than the other – and therefore more valuable. But an algorithm doesn’t know that. Sentimentally put, it is one’s heart that knows the value of a property. And commercially put, it is an experienced estate agent who is best placed to advise.

And it is estate agents too that are in the minds of dealmakers. Of course we all like to get a bit of a bargain – especially at the moment. But there must be limits. Some sellers seem all too happy to put their most valuable asset in the hands of an inexperienced and/or cut-price firm of estate agents or an online lister. Why would they do that? Thousands and even tens of thousands of pounds are at stake in the sale of their property. It is like turkeys voting for Christmas. A cut-price surgeon doesn’t seem a very good idea for one’s health medically, and likewise a cut-price estate agent may not be very good for one’s health financially. Estate agency is one of those areas where, for relatively little extra cost, there is a greater likelihood of a much larger return, not to mention valuable reassurance during a difficult time. And remember, unlike surgeons, estate agents don’t get paid at all unless their clients agree with the results! Sometimes economies can be false - few more damaging than in property.

So there you have it. Try and cut corners and your move will rarely be anything other than a headache. Don’t cut corners and your move may still be a headache but you could end up with more money in the bank or a better roof over your head. It’s your vote.

Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.

www.christiesworld.com



Friday 10 August 2012

On your marks . . . get set . . . go!


A global sporting event may be upon us, but for some this summer matters of even greater personal significance are happening closer to home. Nick Churton of our London Mayfair Office puts things into perspective.


This August there will be a great deal of huffing and puffing going on in East London. There will be running and jumping, throwing, swimming, rowing, diving, sailing and cycling - plus much more.
But for some, who won't actually get much closer to a stadium than their sofas, there will be another demanding prize to compete for this summer – a new home. Competitors won’t be representing their country but they may well be representing their families.

Like top-flight sport, house buying takes a great deal of preparation. It is not an easy undertaking. It takes the long distance stamina of a Mo Farah and sometimes the sprint speed of a Usain Bolt. It takes the versatility of a Jessica Ennis, the grit of a Steve Redgrave, the tactics of a Ben Ainsley and the agility of a 16-year-old Russian gymnast, named Olga. Buying a home is not as pretty as Tom Daley in a 10-metre dive or perhaps as explosive as Chris Hoy in the velodrome. But winning this discipline - and it does take discipline - means dedication, planning and some sacrifices.

Winning the perfect house is a great personal achievement. But unlike so many sports there are no silver and bronze medals for being a runner-up. There is not even a gold medal for winning. But, besides satisfaction, comfort, safety, investment and shelter, there is one other prize for the winner - he or she can choose to plant a laurel in their new garden.

Whether you are competing for gold or for a new property this August, we wish you well.


Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.


Friday 13 July 2012

Property continues to represent a sound long term investment

The latest Christies House Price Index, using the most up to date reliable data from the Land Registry, confirms that property in the local area continues to represent an outstanding investment.


Medium and long term gains are exceptional. Based on past performance anyone looking to buy a property in the coming months will be very encouraged to see that prices have risen by 42% over the previous ten years and by an astonishing 179% over the previous 15 years.

What is perhaps even more impressive is that in spite of the down turn in the property market since 2007/2008 prices are still within 2% of the level reached 5 years ago.

The comparison is based on the average price of all local properties sold including flats, maisonettes, all types of houses and bungalows. Figures for June & July are not yet available - the Index will be revised as soon as the data is released so please check this page regularly for any updates.

Date............Average Price.........Average Price May 2012.......YEARS............INCREASE
May-97..............£88,562..........................£247,512...........................15.....................179%
May-02............£173,446..........................£247,512...........................10......................42%
May-07............£252,907..........................£247,512............................5.......................-2%

Over the years, and particularly in recent times, demand for properties in Cheam and the nearby areas, such as Sutton, Ewell, Epsom, Banstead and Kingswood, has increased dramatically. Much of this demand is due to the location of the properties we sell, which are ideally situated on the fringes of London, bordering rural Surrey greenbelt countryside with picture postcard villages and market towns full of rich heritage and character.

Buyers flood into the area to take advantage of a wide range of leisure and shopping amenities. The local schools are nationally renowned and attract large numbers of enquiries, ensuring that property sale levels and prices have remained well above quoted national averages.

Cheam Village has a flourishing local community with many popular cafés, restaurants and varied independent shops and businesses; this, coupled with many high street names, creates an enviable mix of retail and food outlets. Combined with excellent road and rail links, demand for property remains constant and represents an exceptional investment.

Christies have an unparalleled understanding of the area and are dedicated to ensuring customers are always informed – not just on the property market and prices ,but also the area and amenities. When looking at buying a new home, we believe it is imperative that our purchasers are fully informed about all aspects of the potential move.
Your estate agent should be able to answer any of your questions regarding this. We are proud to represent this area and convey that passion to anyone looking to move here.


Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.


Saturday 30 June 2012

Greed Works


Nick Churton of our London Mayfair Office takes a look at what makes the property market go round.

When Michael Douglas as Gordon Gecko in the 1980s film, Wall Street, said, "Greed is good" it seemed a rather shocking statement.

Well, greed is rather good in property. Greed works. Greed – or to put it more gently, ambition - fires the market. It is people’s ambition, however humble or grand, that makes them seek new homes for themselves, their families, their jobs, their asset bases, their pets, their toys, their lifestyles or their statuses. It was ever thus.

But ambition also maintains the status quo. The ambition of a purchaser to buy a property for as little as possible keeps in check the ambition for a seller to achieve as much as possible. In this respect greed works because it forces realism into the market and provides a platform for deals that are acceptable to all sides - albeit sometimes grudgingly. In a way the friction of conflicting greed provides the heat that ultimately forges market value.

The trouble comes when one side is more ambitious than the other – a little too greedy than is good. Greed tempered by reason is one thing. Blind greed is quite another. An unrealistic offer is as useless as an exorbitant asking price. Both get nowhere.

This is a time of greatly conflicting property market reports. Some commentators say that prices are still going down – great for buyers - while some say prices are creeping up – great for sellers. All, somehow, blame the current economic conditions. But they miss the real point.

Despite the Greek, Spanish and Italian fiscal precipice, the Euro Zone conjecture, the lack of discernible growth in the UK, the ambiguous US economy, the Arab Spring, the booming London luxury property market, global trade protectionism, the drought, the wet weather, the Olympics or the Duchess of Cambridge’s wellies, if a purchaser makes a reasonable offer, and a reasonable seller accepts it, both will achieve their ambitions – even in this market and despite what else is going on in the world. That is the point.

On the face of it an estate agent’s job is to sell property. In reality it is to manage the expectations and ambitions of buyers and sellers - reasonable or otherwise - to achieve agreeable results for both sides. After all without that no one is going anywhere - however ambitious he or she is!


Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.


Thursday 14 June 2012

Beware of Greeks Bearing Debts



The media is full of economic woe but Nick Churton of our Mayfair Group Network’s London Head Office finds that the UK property market is anything but downbeat.

The Euro zone is in crisis. We really are in a quandary over austerity versus growth. The French disagree with the Germans and the British disagree with everybody. What is one to think or do?

In central London there is little doubt over what many mainland Europeans are doing – including wealthier Greeks. They are piling into residential property in our capital. Whilst we are not exactly cocking a snook at our Euro-cousins, we do at least have a property market that seems to provide an attractive haven for money in these difficult times.

Our local experience, while not quite reflecting the market in central London, is of increasing activity since the second half of last year. Property is trading, and for the right property at the right price it is trading well. This is contrary to media commentary and speculation.

Within the residential property sector there is the growing realisation that nothing will ever be quite the same. Perhaps we are at a moment in history, like the industrial revolution, when everything changes forever through this financial revolution.

And we are not out of the woods by a long chalk. The Euro zone problems, Greek and Spanish debt and the further pressure these may bring to our own banks - already coy about lending money - will create further challenges. But overall there seem two very good places to be at the moment. One is in Britain and the other is in property.

Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.



Friday 4 May 2012

House Prices Remain 'Rock Solid'

The latest Christies House Price Index, using the most up to date reliable data from the Land Registry, confirms that property in the local area continues to represent an outstanding investment.

Medium and long term gains are exceptional. Based on past performance anyone looking to buy a property in the coming months will be very encouraged to see that prices have risen by 46% over the previous ten years and by an astonishing 187% over the previous 15 years.

What is perhaps even more impressive is that in spite of the down turn in the property market since 2007/2008 prices are still 1% higher than they were 5 years ago.

The comparison is based on the average price of all local properties sold including flats, maisonettes, all types of houses and bungalows. Figures for April & May are not yet available - the Index will be revised as soon as the data is released so please check this page regularly for any updates.

Date............Average Price.........Average Price Mar 2012.......YEARS............INCREASE
Mar-97..............£86,292..........................£247,512...........................15.....................187%
Mar-02............£169,129..........................£247,512...........................10.......................46%
Mar-07............£246,216..........................£247,512............................5.........................1%

Over the years, and particularly in recent times, demand for properties in Cheam and the nearby areas, such as Sutton, Ewell, Epsom, Banstead and Kingswood, has increased dramatically. Much of this demand is due to the location of the properties we sell, which are ideally situated on the fringes of London, bordering rural Surrey greenbelt countryside with picture postcard villages and market towns full of rich heritage and character.

Buyers flood into the area to take advantage of a wide range of leisure and shopping amenities. The local schools are nationally renowned and attract large numbers of enquiries, ensuring that property sale levels and prices have remained well above quoted national averages.

Cheam Village has a flourishing local community with many popular cafés, restaurants and varied independent shops and businesses; this, coupled with many high street names, creates an enviable mix of retail and food outlets. Combined with excellent road and rail links, demand for property remains constant and represents an exceptional investment.

Christies have an unparalleled understanding of the area and are dedicated to ensuring customers are always informed – not just on the property market and prices ,but also the area and amenities. When looking at buying a new home, we believe it is imperative that our purchasers are fully informed about all aspects of the potential move.
Your estate agent should be able to answer any of your questions regarding this. We are proud to represent this area and convey that passion to anyone looking to move here.

Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.


Thursday 3 May 2012

Normal Service is Resumed

It is the height of the moving season and Nick Churton of Christies Mayfair Group London Office takes a look at how the property market is shaping up this spring.

Here we go again. Double dip. What will the property market do now? When will it ever get back to normal? Well, the mortgage lenders are still being difficult and the conveyancers seem to be taking forever to process sales. Buyers are being especially choosy and, bizarrely, some are even letting the internet influence what they should pay for a property rather than the market.

Some sellers still think it is 2006 with prices to match. Surveyors are ever more cautious. These are everyday issues that affect all those involved in buying and selling property. Plus there are the other annoyances like Stamp Duty changes, and confused and conflicting reports made by industry ‘insiders’ in the press. What should a sensible buyer or seller do? 

The answer is to forget all of the above and get on with your move. If you wait for things to get back to normal you will wait forever because there is no normal in property. We are where we are now. Tomorrow may be better or it may be worse. But who really knows. So make the most of it now and move on. Don’t look back.

There may be ups and there will certainly be downs along the way. But the best advice from the people who understand the property market most of all – estate agents - is don’t wait for things to get back to normal. This is normal, or as normal as it gets.

Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.


Planning the Future


Following the recent government announcements on planning Christies take a look at how they may effect future housing development.

The government’s new planning proposals have had a rough ride over the past few months - and rightly so. Early drafts were not promising and they threatened disjointed, short sighted and self-serving policies that may have put decisions in the hands of disjointed organisations, short sighted people and self-serving business concerns. But all is not yet crystal clear. The phrase ‘sustainable development’ seems to have caused confusion in many, including some of the politicians and planners themselves. If it means we will now build homes that people will be proud of in fifty years then that sounds like good sustainability. But if it means homes of which we will be so ashamed we will tear them down in several decades – as we have with so many from the 1960s - then that, patently, is unsustainable development. 

The final draft however has been met with guarded and grudging approval – even from bodies such as the National Trust and Friends of the Earth. The policy of Brownfield first must be right. To make use of urban regeneration while protecting our countryside wherever and whenever possible still provides enormous opportunities for much needed house building. Where rural development is considered let us hope that planners are mindful of their duty to our heritage. It is our children who will have to live with their decisions, as we have had to live with many poor decisions made by their predecessors. 

Bringing new life into rural communities is important and modern technologies like broadband can attract people who will live and work in a community and not just sleep in it. The government wants to concentrate more on reviving our flagging town centres and less on out of town retail parks. They could be too late for that. 

The public may have moved on a step or two further than government thinking - as is sometimes the case. So an enlightened vision on how we could bring mixed use to struggling town centres, including residential development, may be a way to move forward. But whatever the future brings at least we now have a planning policy that, broadly speaking, people can get behind and which will enable planners to get planning and builders to get building. 

All we need now are the mortgages to help buy what is built. But the government did not mention anything about that . . .


Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.


Monday 26 March 2012

Market Comment – 2012 Budget Special


Spare a thought for the poor millionaire now forced, through this 
year’s UK Budget, to pay more for the privilege of using central 
London’s booming luxury property market as a safe haven for his 
investment funds, away from unhealthy currencies. 

Spare a thought also for home-grown millionaires in other UK property hot spots.  They too will be caught in this new 7% Stamp Duty trap of the Chancellor’s making.  Any attempting to escape is futile – tunnelling under the higher tax barrier through the means of an offshore or foreign company has been stopped by way of a massive 15% Stamp Duty. 

Will this have much impact on the property market generally?  Not really, as the early introduction of these measures leaves no room for a mansion-tax-beating rush to buy, and this is a one-off measure aimed at those who really should be able to afford it.  So the impact on sector values should be negligible.  All in all this new measure will probably be met with a sigh of resignation rather than a decision to spend a million or two less, just to avoid the extra tax.  

But do expect to see fewer houses on the market at £2.1 million and more at £1.99 million.  And, who knows, perhaps this top level of stamp duty could even become a trendy new status symbol for the wealthy.

Of greater significance is how the Budget affects the rest of the property market.  Apart from the small tax benefit to the lower paid there seems little in the Budget to stimulate much greater activity, save for a few small pieces of new legislation that somehow fit into the jumbo jigsaw that is our nation’s fiscal recovery.  But perhaps the Chancellor has taken the view, “physician heal thyself”.  Under the radar of the British property press (which is none too sensitive) the market in many places has quietly been perking up.  There have been rumours of first time buyers – tempted out of hiding before the end of their own special tax relief; also, even one or two mortgages have been granted.  

Up and down the country many estate agents cautiously report increased sales figures.  This means several things: buyers are on the move and agents are valuing reasonably.  Most importantly, sellers are listening to reason rather than the little voice of avarice that we all have, but which needs to be mastered when selling property in sluggish conditions. 

The government’s move to relax the building rules in rural areas could vie for attention with the Budget.  This should be of concern to everyone as it is our heritage which could be under threat of concrete.  Visions of bulldozers parked on the village green will cause outrage. And when developers, who through the Budget will now receive some extra funding for new homes, meet head to head with Britons-in-bloom there will be strife.  And there should be.  But this relaxation may bring new life to struggling rural communities as well as providing much needed housing.  So it will be very much up to local planners to prevent a 1960s style architectural catastrophe.  Also the public will need to demand thermally efficient, economical, affordable but stylishly attractive and appropriate homes which will sit comfortably in a rustic environment.

So, the verdict on the 2012 budget, as far as the property market is concerned, seems to be neutral.


Please contact either Andrew Richardson, Jeremy Richardson or Richard Killoughery on 020 8643 7777 to get moving or email us at sales@christiesworld.com.