After a wonderful afternoon last Saturday in honour of The Personal Agent’s 10th anniversary, we are pleased to announce the official winner of the Fiat 500!
Our special guest, the Mayor of Epsom Mr Robert Foote, picked the winner’s name and announced Mrs Mandy Moodie as the new owner of the Fiat 500. Mrs Mandy Moodie only competed a house sale with The Personal Agent a week ago!
She was thrilled to have been able to sell her house and win a new car as a bonus for choosing The Personal Agent. Here is what she wrote to us:
‘’ Thank you so very much for your news. Can’t believe I’ve won the Star Prize !!!
I’m still in absolute shock ………. ! The funny thing is I’ve always said that I would like to change my car for a Fiat 500! And now my dream can come true, thanks to the Personal Agent Happy happy happy!
SO many thanks again. I can’t thank you all enough.
Wishing everyone in the team a Merry Christmas and a happy 2015.
Fiat 500 Prize
We are very happy for Mandy and wish her all the best with her new house and new car!
The celebrations didn’t end there, other lucky people have won also marvellous prizes on Saturday:
The event took place in the Epsom Market Square where guests enjoyed champagne and canapes at The Canopy Restaurant, with many of the competition entrants in attendance and the Fiat 500 being the centre piece.
The company has expanded from a single office to three sales offices in Epsom, Stoneleigh and Ewell, and a further lettings office in Epsom. The company soon felt the need to offer a more diverse service and therefore branched out into removals and mortgage planning. The Personal Agent clients can now receive a more complete service as well as a better and simpler home moving experience.
The Personal Agent Team
After 10 successful years in the estate agency business and hundreds of homes sold, we are now looking forward to another, even more successful 10 years in the industry.
Once again The Personal Agent would like to thank all of their clients over the last 10 years. We have always said: ‘could not have done it without you’.
With the Mayor of Epsom Mr Robert Foote
On Saturday 20th December The Personal Agent will be giving away a Charles Rowbotham painting as part of our 10 Year Anniversary Prize Draw. This original 24” x 20” piece was created by the distinguished Wimbledon based painter and is one of several prizes which we’ll be giving away including a brand new Fiat 500, a Grant & Valentine Rocking Horse and a Spa Day.
The competition, which enabled people who sold their home with The Personal Agent to win one of these great prizes aimed to reward our customer’s for making the past 10 years so great for The Personal Agent.
Mr Rowbotham, who has previously been short-listed for the New Lights Art Prize in 2013 and has been featured as part of the Thompson Gallery’s exhibition ‘A View of Marylebone’, is known for his work which looks at the different aspects of daily life in the city. His works, which centre around public, urban environments, have also captured London Piccadilly, Trafalgar Square and Covent Garden.
His studio is located on Riverside Yard in Wimbledon and a full collection of his work can be found on his website www.charlesrowbotham.co.uk. Or for more information you can contact him via email at: firstname.lastname@example.org.
Last Friday the girls at our lettings branch took part in Save the Children’s charity fundraiser where everyone was invited to wear their most festive Christmas jumpers in a bid to raise money for the charity. Save the Children whose most recent appeals include helping displaced children in Syria, as well as those affected by the Ebola crisis in West Africa, organised the event to raise money for their projects in over 120 countries.
The initiative which at the time of writing has raised over £1,146,449 for charity asked people to make donations by texting WOOLLY to 70050. You can see some of the girls in the lettings office below, sporting some of their most festive knitwear.
To everyone who took part or donated money, thanks to making the world better with a sweater!
A new study has found that more than half of Landlords in the UK are looking to add further properties to their existing portfolio in the New Year.
The positive outlook for landlords has been fuelled by growth in demand for rental properties as well as rising rent prices across the country according to a study by PropertyLetByUs.
Their survey found over half of landlords saw yields of 6% to 8% in 2014, with a tenth seeing yields of over 8% while the remaining 40% saw yields of 4% or more.
In terms of equity, 1 in 3 landlords reported a loan to value ratio of 30% to 40% and with such favourable conditions in the market at present it’s not surprising that so few are considering cashing in on their properties, with only a quarter thinking about doing so.
The survey outlined that 41% of landlords interviewed said tenant demand was either growing or booming, whilst 51% said demand remained the same. Home ownership has fallen to its lowest level for 25 years, and with property prices still set to increase, tenant demand sees no sign of stopping
in the New Year and with it the increased revenues and profitability for landlords.
We are delighted to invite you to join us on Saturday 20th December for canapés, drinks and our 10th Anniversary Prize Draw. Prizes include a spa day, a hand crafted rocking horse by Grant & Valentine, a Charles Rowbotham original painting and the grand prize of a Fiat 500 car.
The Mayor of Epsom, Councillor Robert Foote, will be conducting the draw at 1:45pm but please join us from 12 noon – 14:15pm to enjoy the celebrations. The event will take place at The Canopy Restaurant under a marquee in Epsom Square.
We look forward to seeing as many people there as we can, especially those who have already been successfully entered into the draw (a full list of names can be found here). And we hope the event will be an excellent example of local companies working together to provide a great afternoon for everyone involved.
As part of our 10 Year Anniversary Prize Draw, we’re happy to announce that the runner up will receive a hand crafted luxury rocking horse made by award winning artists Grant & Valentine.
Grant & Valentine’s bespoke rocking horses are traditionally hand crafted by award winning artist Billy Grant and his grandfather Ralph Valentine. Each rocking horse is unique and can be customised to your exact specification.
Each piece is individually crafted using only traditional methods, carved from the finest selected woods. Playing with colour and tone they make their own tack, and leathers are chosen from premium Italian tanneries.
Fascinated by early British traditional rocking horses for their ingenuity, loveable personalities and nostalgic emotions, Grant & Valentines rocking horses are composed conserving their original characteristics, yet gently adding a current look.
“Timeless pleasures creating an everlasting impression” – Billy Grant
For more information on these excellent works, visit them at www.grantandvalentine.com
On Friday 5th December Stoneleigh is hosting its annual ‘Lights on Broadway’ event in which they’ll be turning on the Christmas lights and inviting everyone to enjoy an evening of late night shopping, food, drink and entertainment. ‘Lights on Broadway’ will go on until 7pm and shops including The Personal Agent’s Stoneleigh branch will be staying open to welcome anybody in late on. Along with evening shopping there will be a Santa’s Grotto, Carol Singing, Food Stalls, a Winter BBQ, a Fun Fair and plenty more to get involved in.
Entry is free and we hope to see as many of you there as we can. Details can be found in the flyer below:
The rental market is booming, there have never been more options for landlords or homes to let, so we’ve put together four of the biggest reasons why landlords have never had it so good and why anyone should be looking to break into the private rented sector.
1. Tenant Demand is Huge
The demand for rented properties is now huge, people are finding owning a home either less affordable or not suited to their lifestyle, and are choosing to rent as a result.
A recent survey by Paragon Mortgages in autumn of this year found that 41% of landlords believed the amount of people looking to rent was either ‘growing or booming’ whilst a further 50% said it was staying the same or stable.
Over half of the landlords surveyed said that tenant demand was the main reason to invest in a buy to let property right now, with some 63% of people saying they expected to see the demand for rented properties increase further in the next 12 months. This prediction is up by 7% in January when landlords were asked the same question and reflects the growing confidence that people will continue to seek out properties in the rental sector.
2. Renting is a Long-Term Choice
The decreased viability of owning a home has led more people to choose to rent their home instead. But this is not merely a stop-gap solution, research from Knight Frank and YouGov found that less than a quarter of tenants expected to stay in the private rented sector (PRS) for less than 2 years while a survey of 3,500 renters said that 32% did so because it suits their lifestyle or they don’t want to have to pay for a mortgage.
This is a marked shift in attitudes from people looking to get a foot on the property ladder to ones who are content with not having to own their home. In that same report a quarter of people said they expected to continue to rent and would not look to own a home in their lifetime, with 15% saying they would continue to get their accommodation from the private rented sector in the next 5 years.
3. Buy-to-Let Mortgages are Cheaper
Not only is demand high and people are looking to rent for longer, but UK landlords are also benefiting from falling mortgage prices and longer fixed-term rates.
The latest index from ‘Mortgages for Business’ says that short-term fixed rate deals are now being replaced by longer-term fixed rate mortgages with almost 1 in 5 of all available buy to let mortgage products now being 5 year fixed-rate deals. They say that overall, the competition felt by lenders to attract landlords is causing them to their lower their prices as well as offering more longer term fixed rate deals.
David Whittaker, managing director of Mortgages for Business says that “landlords can now choose from a pool of in excess of 700 different buy to let mortgages. Longer term fixed rates are the best option for landlords looking to protect their future income and minimise any risk associated with interest rate rises, and there are now more of these options available than ever before.”
4. The Rental Market is Growing
Private landlords now own almost 1 in every 5 homes according to the mortgage lender Paragon and they say this will expand by a further million in the next five years. Research by the intermediary lender IMLA confirm this saying that by 2032, 1 in 3 properties will be owned by private landlords.
The value of property owned by landlords in Great Britain is also set to break the £1 Trillion barrier next year as the total value of the private rented sector has now reached £930.7 billion, rising by 13.3% on last year alone. Since 2001, the PRS has expanded by nearly two million households, increasing by a massive 71.4%. London accounts for 41% of the sector’s value while the South East is the next biggest region worth around £137 billion or 15% of the sector as a whole.
The size of the PRS inside London is a major factor in the pace of growth in the overall sector’s value and despite the slowdown in rental inflation landlords have seen gross total annual returns hit a six year high of 15.1% on the back of the resurgence in property prices. Representing an average return of £27,475 per property and showing just how good landlords have got it at the moment.
If you’ve got a property you’d like to rent out, or have an existing portfolio which you’d like to have professionally managed. Contact our Lettings Branch for a no obligation valuation, or call them on: 01372 726 666.
With just 7 weeks until Father Christmas slides down the chimney, we at The Personal Agent have put together this helpful list of things to remember when moving at Christmas time. So your big move goes off without a hitch.
Christmas can be a hectic time of year at the best of times. The evenings are darker, there are presents to wrap and decorations to put up, and moving home can prove a tricky task for some.
But it needn’t be so stressful, and with our handy checklist, you’ll be toasting your successful move as you empty your stocking on Christmas day.
So with that in mind here’s what you need to remember:
1) Sell quick! This is the trickiest part of the move and you won’t be going anywhere until you’ve successfully sold your old home. For the best results you’ll need an Estate Agent who’ll invest time in getting your home advertised effectively. With our network of branches throughout Epsom, Stoneleigh and Ewell we can make sure your property gets the exposure it needs quickly and efficiently.
2) Book a Removal Company! This time of the year is busy for everyone, which is why it’s important to plan ahead and ensure things run smoothly by getting some professional help. Once you’ve confirmed your move date, book a removal company as soon as possible to help transport your belongings for a low cost, time saving solution, that will save you a great deal of hassle.
3) Stay Organised! Leave clear instructions on what you might need once you move in and exchange phone numbers with everyone who’s helping you move. Label where the spare keys are, leave out instructions for the cooker, boiler and alarms and create a folder that includes all the warranties on any utilities in the home, keeping everything clear and close at hand.
4) Tell Friends and Family! Sending out Christmas cards is a great way of letting everyone know your new address, and avoids people sending you messages of congratulations to your old postal address. If not, remember to leave a note to the people taking up your old residence so they can forward on all your mail.
5) Inform your Gas and Electricity Company! Nothing is less welcoming than entering a freezing house. So make sure you’re not without heating and electricity on Christmas by informing your energy companies that you’ve switched to a new residence. Measure the meter on your old home as well so you’re not being over-charged on your energy bill either.
6) Relax! Moving home can be tough, so why not celebrate your successful move by ordering in a takeaway and relaxing on the sofa. Tomorrow the real work can begin!
The Personal Agent is donning its cape and sharpening its fangs in time for the year’s spookiest holiday as we invite you to our newly redecorated Lettings office where you’ll find a haunted house with a frighteningly good selection of properties to let this Halloween.
Whether you’ve been tricked in the past, or are just looking for a treat on All Hallows’ Eve, you’ll find some great deals in our Lettings branch as we aim to provide you with great service, practical advice and the best rental properties around.
Having been voted number 1 lettings agent in October for the most new properties and the most available properties; our commitment to offering only the best lettings service is sure to leave you with shivers running down your spine.
Visit our lettings branch this Friday where we’ll be giving out some spooky sweets as well as some ghoulishly good property advice.