News

Help to register for Basic Payment Scheme online with free service

Stags are offering a free BPS registration and assessment service to assist with this process. Individual ‘drop in’ appointments will be available at a selection of Stags local offices throughout January where a local member of their team will register you on Rural Payments Agency online system. They can also provide general advice on the scheme, and any Greening requirements which may apply on your holding during the appointment.

Drop in appointments are free, but booking is essential. To book an appointment please, call 01392 439046. 

 


 

City housing market - supply and demand

Rightmove suggested asking prices may have come ‘off the boil’, owing to rising buyer caution and an increase in properties coming on to the market.  More regions saw prices fall than rise month-on-month and London, which has been considered the engine of price growth, recorded a 0.5% monthly decrease in asking prices.  

What about the Exeter city market?

Exeter is experiencing a surge in growth, outperforming most locations across the UK for job creation, with significant planned economic and retail developments and increased availability of employment land, the Exeter economy is in a strong market position to grow further.  The demand for housing is extremely high within the city with emphasis on buyers searching up to a value of £500,000 and a larger number with budgets up to £250,000.  Demand currently outweighs supply within these regions of price and noticeably, when a property receives multiple offers, the end result falls favourably upon the home owner with offers, on occasion, exceeding their asking price.  More buyers are placing themselves in a position of being a ‘cash buyer’ by selling and taking a rental property while they wait for their ideal purchase to come to market.  Buyers and sellers are still highly motivated by the change in their lifestyle or employment; upsizing, downsizing, job relocation or the desire to be within the city or a move to a surrounding village.  For city homeowners, looking to capitalise on this demand, now is the time to consider selling. 

Exeter offers an extremely wide and diverse selection of homes ranging dramatically in price from the mid terrace Victorian of around £200,000 to in excess of £1,000,000 for a centrally located town house.  All regions of the city remain extremely popular with the established residential areas still in high demand, whether by price brackets, schooling or walking distance to quality amenities.  Over 60% of properties are owner occupied with a further 20% privately rented properties, which provides a healthy market for buy-to-let investors.  Exeter continues to thrive as a productive city both in business and culture, expanding to keep up with demand.  In brief, the city market continues on a strong path and further, more quality properties across all sectors are required to match the current high demand. 

Frank Kelsall, Property Valuer, Stags Exeter Office
 


 

Lively Plymouth is the place to be

 Plymouth has changed beyond recognition over the last few years, but far too many people still discount it. It is a city that has exceptional facilities and attractions for everyone. As an environment to live in, or close to, it has more to offer than any other in the South West. It has the most incredible scenery – The Sound, the South Hams, Dartmoor, the rolling hills of the Tamar Valley and South East Cornwall, and the Rame Peninsula. The latter described in London’s influential Time Out magazine as “Cornwall’s ‘forgotten corner’ is one of the country’s most beautiful areas”. 

 If you have not visited Royal William Yard you are missing out.  

Varied and reasonably priced housing stock which includes City, coastal and moors. 

An enlightened buyer also commented earlier this year “This is another Bristol, but in more attractive surroundings”. If you have not visited Plymouth recently, please do!