London Market Update
Tom Gladwin : 08 October 2010
THE SUMMER MONTHS WERE VERY POSITIVE FOR THE PARKHEATH LONDON SALES OFFICES. We continued to give our clients the correct advice in terms of pricing and marketing, and did not resort to the practice employed by some other agents of quoting over-inflated prices to gain instructions. This only serves to make a property stale and tainted to the buying market when it is subsequently reduced to the correct level. To get the maximum price for your property, it is crucial to market it at the correct level to begin with. Prime areas of London once again seem to be acting independently to the rest of the country. Almost daily we hear that property prices are softening, have fallen, or are even about to crash. This is certainly not the case in Belsize Park. South Hampstead and West Hampstead; I cannot state this clearly enough! The local property market maintained its strength as we moved from spring into summer, due largely to a lack of stock. Although this stock is now growing it still does not come close to fulfilling demand. In the niche, village areas covered by Parkheath there are a finite number of highly covetable properties. This ensures that demand - and prices - remain strong. The rental market is also gaining momentum. The spring and early part of the summer were very active, but the historically strong months of July and August were a little quieter due, on the whole to lack of stock. As we moved into September we recorded record months for both New Tenants and our Renewals departments. I am anticipating the next 3 months to be very strong on both sales and lettings as people work to hit their deadline of moving into a new home for Christmas. We seem to be less affected by the forthcoming government cuts, and actually we are experiencing an increase in confidence and optimism. As always we are working to help you to achieve your property goals.
Parkheath More Than Triples Its Fundraising Target For North London Hospice
Annette Ross : 01 October 2010
PARKHEATH MANAGING DIRECTOR Tom Gladwin rallied his troops in a determined effort to raise funds for a local charity, and exceeded all expections Whilst the 5K Belsize Fun Run may not be quite on the scale of the London Marathon or the Great North Run, the enthusiasm of those taking part in it easily matches those more venerable institutions. Belsize Eco Week has become a much looked forward to event in the local calendar, and the 5K Fun Run through the streets of Belsize Park is a particular highlight. Blessed with good weather and following an impromptu warm up session given by local fitness instructor Denis Dehaney, the teams from Parkheath, along with around 50 other runners, were smartly off the blocks at 2pm Saturday September 25th for the start of the race. Annette Ross, Head of Lettings at Parkheath’s Belsize office, explains ‘This is our second year of sponsoring the event, and we were determined to raise funds for a charity which has recently touched the life of one of our negotiators. She told us how North London Hospice has been an incredible support for her and her family during a very difficult time, and when we found out that 80% of the Hospice’s funding needs to be raised from fund-raising efforts and donations we all agreed that we would run as fast and as hard as we could on their behalf ‘. With practically all of the staff of the Parkheath London offices pledging to take part, fund-raising began in earnest, and the total amount raised of just over £3,000 is more than triple the target they had set themselves. Continuing contributions are welcome. Visit Parkheath’s fundraising page at www.justgiving.com/parkheathbelsizefunrun
