Source property magazine Spring 2022

2022

SOURCE Let’s find the one

Sustainability see page 8 Architecture see page 21 New homes see page 32

06

An extensive period property with far-reaching views

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A rarely available country property in a rural setting

19

15

A character farmhouse with stables, outbuildings and a large courtyard garden

A superb Grade II Listed detached cruck framed cottage

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Offering extensive accommodation retaining lovely features

A 6 bedroom country house set in 2.7 acres with a separate cottage

30 An elegant village house with impressive gardens

36

Packed with original features and set within impressive grounds

Useful insights...

08 Sustainability and future proofing 12 Selling by online auction 16 Our National Country Agency Team 21 Architecture and historic homes New Homes 31 Buying trends 40

39 43

A Grade II Listed Georgian house currently run as a successful guest house

Welcome

to the latest edition of Source Over the last few months, a new phrase has been used with increasing frequency when discussing the property market: “The race for space”. The race for space has been a result of the pandemic, and refers to a very dynamic part of the property market driven by those who have moved, or are hoping to move, further away from their usual places of work and very often into more rural or village locations to find larger houses, more land and a more rural way of life.

Alasdair Dunne Head of Residential Sector alasdair.dunne@fishergerman.co.uk

“...we have seen considerable price growth in rural properties, larger detached houses and houses with larger gardens and land”

This race for space has changed what many want from homes and by extension, the environment in which they live. This phenomenon has profoundly affected the property market and so it’s no surprise that whilst we have seen considerable price growth in rural properties, larger detached houses and houses with larger gardens and land, we haven’t seen anything like the same price growth in flats. It would seem that for many a flat just doesn’t allow them to live the sort of life they want to live. It’s this factor more than any other that has started to erode the price gap between properties in London and out of it.

As we appear to be navigating our way out of the pandemic (what a pleasure it is to write that!) we know that the changes to our working lives that were initially enforced on us, have become part of our established working patterns. For those who traditionally spent most of their time in an office, this meant working from home. Now, for those who wish to and can do so practically, hybrid working has become an enduring feature of work. It’s this change that looks set to create a permanent shift in our housing market. For many, it feels you can have two good things at the same time; unusually, you can have your cake and eat it!

It begs the question, what type of house do most people want? We know people want larger properties in quieter and more rural and remote areas, but what else is important? If you are a regular reader of Source, you may have read our articles on home-buying trends over the last

two years which have included our thoughts on outdoor living, the creation of the home office, and the desirability of a large family kitchen.

Market demand proves that we want all those things, and ideally, we want to be away from busy roads, but also close enough to main road networks to aid our commute. Not the easiest thing to achieve, and this is where we might start to suspect that once cake is eaten it is actually gone! Houses that either naturally cater for, or have been developed in line with these market demands are in huge demand and selling more quickly than we can ever remember seeing. It is for that reason that we see a key element of our service provision as investigating and highlighting the potential of a property, and in understanding what individual buyers really want so that if an obvious match isn’t immediately clear, we can illustrate what might need to happen to make it work for everyone.

So, the race for space is on, and it seems that there are ever more people ready to join in the race. If you are looking for your perfect home or if it’s time to sell, we are ready, willing and able to help. We specialise in the sale of the kind of houses that are in high demand. There is a select collection of lovely properties for you to browse through in this magazine, but please do visit our website for more.

Our team, and their contact details are on page 4.

We would be very pleased to hear from you and to offer you any advice or help that we can.

fishergerman.co.uk | PAGE 3

Your key contacts...

Ben Longstaff Derbyshire, Leicestershire, Staffordshire

Joy Brankin-Frisby Leicestershire, Rutland

Michael Harris Cheshire and North Wales

07917 064657

07918 677574

07870 961711

ben.longstaff@fishergerman.co.uk

joy.brankin-frisby@fishergerman.co.uk

michael.harris@fishergerman.co.uk

Christian Sanders Worcestershire, Herefordshire

Molly Dickson Bedfordshire, Cambridgeshire

Rachel Clipsham Nottinghamshire, Lincolnshire

07799 697791

07741 264143

07855 077152

christian.sanders@fishergerman.co.uk

molly.dickson@fishergerman.co.uk

rachel.clipsham@fishergerman.co.uk

Mitchell Glassey Staffordshire

Matthew Davis Oxfordshire, Buckinghamshire

Tom Dennes Oxfordshire, Warwickshire

07974 629834

07880 385037

07587 033061

mitchell.glassey@fishergerman.co.uk

matthew.davis@fishergerman.co.uk

tom.dennes@fishergerman.co.uk

Daniel Hayhurst Cheshire and South Manchester

Toby Harris Oxfordshire, Northamptonshire

Tom Blake Derbyshire, Leicestershire

07810 378187

07975 980745

07917 220967

daniel.hayhurst@fishergerman.co.uk

toby.harris@fishergerman.co.uk

thomas.blake@fishergerman.co.uk

Ella Pearson New Homes Agency

Richard Gadd National Country Agency Team

Matthew Allen National Country Agency Team

07580 323827

07966 481487

07810 378190

ella.pearson@fishergerman.co.uk

richard.gadd@fishergerman.co.uk

matthew.allen@fishergerman.co.uk

PAGE 4 | Source 2022

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Follow us:

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/company/fisher-german-llp

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@FisherGerman

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@fisher_german /FisherGermanLLP/

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…and where to find us 1

Ashby de la Zouch 01530 410840

centralagency@fishergerman.co.uk

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2 Banbury 01295 271555

banburyagency@fishergerman.co.uk

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Bedford 01234 823661 bedfordagency@fishergerman.co.uk

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Birmingham

Canterbury

Chester 01244 409660

chesteragency@fishergerman.co.uk

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Cwmbran

Doncaster 01302 243930

doncasteragency@fishergerman.co.uk Exeter

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Glasgow

Head Office

Hereford 01432 802545

herefordagency@fishergerman.co.uk High Wycombe

Hungerford

Knutsford 01565 757970 knutsfordagency@fishergerman.co.uk London

Market Harborough 01858 410200

marketharboroughagency @fishergerman.co.uk Newark 01636 642500

newarkagency@fishergerman.co.uk

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Newcastle

Richmond

Rossendale

Stafford 01785 257011

staffordagency@fishergerman.co.uk Southampton

Thame 01844 212004

thameagency@fishergerman.co.uk Worcester 01905 726220

worcesteragency@fishergerman.co.uk National Country Agency Team

020 7870 7799 ncat@fishergerman.co.uk

fishergerman.co.uk | PAGE 5

An extensive period property with far-reaching views Quarndon, Derbyshire

Click to find out more • • • • • • • •

Breakfast kitchen and utility room 2 reception rooms, games room Cinema room and study/snug 6 bedrooms, 4 en suite and 1 bathroom Swimming pool with shower and sauna Double garage, one bedroom annexe Gardens and grounds about 1.09 acres EPC Rating Main House: D, Annexe: C

£

Guide price – £1,650,000 Ashby de la Zouch 01530 410840

PAGE 6 | Source 2022

Click to find out more

A substantial and immaculately presented family home Acton, Wrexham

£

Guide price – £875,000 Chester 01244 409660

• • • • • • • •

Superb open-plan family/dining kitchen 3 reception rooms and home office Utility room and walk-in pantry 5 double bedrooms, 3 bath/shower rooms Double garage with store and gym Superb garden room Established gardens, woodland garden EPC Rating D

Click to find out more

A very well presented barn conversion Stanton-by-Bridge

• • • • • • • •

Open-plan breakfast kitchen Spacious reception hall, sitting room Master bedroom with en suite 2 further bedrooms, family bathroom Extensive landscaped gardens Double garage, further parking Open views to the rear EPC Rating D

£

Guide price – £525,000 Ashby de la Zouch 01530 410840

fishergerman.co.uk | PAGE 7

Sustainability and Future Proofing

Increasing energy prices and rising awareness of the environment and climate change are having a significant impact on the way we think about heating and powering our homes. The solution must lie in the use of environmentally sustainable systems, but the pathway to change is far from clear.

PAGE 8 | Source 2022

The prominence of COP26 last year helped to focus our collective conscience on our environment and steps that would need to be taken to move us towards net zero over the coming years. The conference confirmed that climate change is one of the most pressing problems we face, and that action is urgently required. Whilst governments across the world were encouraged to make pledges to reverse the worst of climate change, the average person perhaps began to think a little more about the steps that they could take to reduce their personal impact on the environment. Modes of transport seem to be an area where we can do a great deal with relative ease, but what to do about our homes feels more complicated.

15 years ago, we were starting to see houses where the owners had invested in environmental solutions for heating and energy generation. At that stage, however, most people failed to attribute any value to the systems. Most people preferred the familiarity of their gas supply or the oil tank to heat their homes.

There is a plethora of heating options available to us but selecting the right option for you and your home will undoubtedly be challenging. The most sustainable heating solutions are generally considered to be geothermal options which extract heat from beneath the Earth, using a small amount of electricity to pump fluid through underground pipes to absorb natural heat and then above ground use the natural heat to warm buildings. Critically, they generate more energy than they consume. Air source heating is based on a similar idea, and of course unlike traditional boilers, they don’t run on fossil fuels.

If a geothermal or heat pump system is a consideration for you then advice must be taken, and we would recommend that you speak to three installers to ensure you are best placed to make the right decision.

To power your homes, wind turbines and solar power are generally considered the most environmentally friendly. There are of course options to buy energy generated in an environmentally sustainable way, but if you are focused on generating your own energy then solar photovoltaics and battery storage could be a consideration. Low-cost energy generation might be particularly handy when you are considering the purchase of an electric car.

Improved insulation is also very important.

Ideally you can keep the cold out and the warmth in, and the holy grail is achieving a home that is easy to heat in winter and cool in summer. It is difficult to implement efficiency improvements piecemeal and expensive to make the changes in one hit, so forward planning and strategic investment that is tied in with key trigger points (such as moving home or renovating) can pay dividends. Better windows with double or triple glazing are great if possible but if not, then investing in the careful maintenance of traditional windows is well worthwhile and you may be able to incorporate secondary glazing.

If you’re familiar with home energy performance certificates, the latest target by the early 2030s is that all homes will have reached a minimum efficiency of grade C where feasible; a tall order for some. As you start to consider sustainable power and heat options, it’s worth knowing that most people are increasingly aware of their environmental footprint and increasingly determined to take steps to reducing it. Most will now acknowledge that there is significant added value in homes where steps have already been taken to move towards sustainable heating and power both in terms of monetary value but also in a clearer conscience.

By the end of 2022, we are on track to have over 30 million homes in the UK. As we highlight on page 32, house builders are now regulated to construct properties that will have a much lower impact on our environment than the majority of our current homes. All very well if you are the owner of one of those homes, but if not then you might want to consider the steps that could be taken to make a home more sustainable.

fishergerman.co.uk | PAGE 9

A rarely available country property, in a rural setting Staverton, Northamptonshire

Click to find out more • • • • • • • •

A 6 bedroom detached family home Detached garage, stores and parking 2 bedroom barn conversion Range of buildings and stables Q class planning for barn conversion Mature tree-lined drive Well divided and maintained paddocks EPC Rating F

£

Guide price – £1,950,000 Banbury 01295 271555

PAGE 10 | Source 2022

Click to find out more

A superbly presented and impressive family home North Kilworth, Lutterworth

£

Guide price – £995,000 Market Harborough 01858 410200

• • • • • • • •

Impressive entrance hall, sitting room Family kitchen, dining area, utility Family room with games area Master suite, dressing area, en suite 3 double bedrooms with en suite Triple garage with gym area and store Landscaped gardens, driveway and views EPC Rating B

Click to find out more

A charming detached country cottage with period features Radford, Worcestershire

• • • • • • • •

Versatile accommodation with period features Sitting room with open fire Dining room, family room and kitchen 4 bedrooms Family bathroom and wet room Gravelled driveway with ample parking Gardens and paddocks totalling 1.55 acres EPC Rating E

£

Offers over £695,000 Worcester 01905 726220

fishergerman.co.uk | PAGE 11

Online auctions “We regularly achieve exceptional results for our clients through competitive bidding, on average 23% over the guide price”

I am a relatively recent new user of eBay – I know, it’s been around for ages, what on earth have I been doing? It wasn’t until we decided to start getting rid of things we no longer needed at home, prompted by the family growing up and starting to flee the nest, that we made our first tentative steps onto the eBay platform. I love it! When we have something listed for sale, it’s great seeing the page views increasing, responding to questions and then following the bids until the auction ends. And, above all, we’ve been really pleased with the prices we’ve been achieving.

As this is an article about online property auctions, you won’t be surprised that I can draw parallels with eBay. Fisher German have a long track record of selling property, land and farm machinery by traditional auction. However we have, for some time now, been accelerating our use of the online auction method as a virtual replacement for physical auctions. We can see page views, respond to queries, and can monitor the number of buyers who have registered

PAGE 12 | Source 2022

their interest, inspected the legal pack and got themselves in a position to bid. All this allows us to report back to our clients with first-rate data on the likelihood of their property selling well on the day, something which was always rather hit and miss with physical auctions – especially if it was a miserable, rainy day! We regularly achieve exceptional results for our clients through competitive bidding, on average 23% over the guide price but with some astonishing results in recent months.

One recent sale which eclipsed all expectations was a former village school near Chesterfield – this one certainly kept my colleagues in Ashby tied up! It attracted 9,203 page views, 135 registered buyers and, after 85 bids, the timer went to zero at £388,000, an incredible £208,000 over the guide price of £180,000. This might be an extreme example, but it shows what can be achieved when buyers are bidding against each other and eager to secure a property.

Online auctions are not just for residential

Bawtry land sale Doncaster, South Yorkshire An exciting opportunity to purchase 5.36 acres of amenity woodland

SOLD

sales; they can work equally successfully for commercial lots, development land, redundant buildings or parcels of land. Our Chester office listed a very attractive block of land with achingly pretty views over the Welsh countryside and beyond to the coast – at 7.33 acres, the guide price of £50,000 seemed attractive….. and so it proved. Buyers from nearby and further afield had a tussle to secure it with the final price reaching £85,000, that’s a whopping 70% over guide.

And for the buyer, what’s in it for you? Well, you can do all your research by studying the legal pack in the online data room and when it comes to bidding, you can do so from the comfort of your own home sitting around the laptop with other family members and watch the bids being submitted on screen.

Whenever a bid is placed in the last five minutes, the timer is reset for another five minutes allowing you plenty of time to discuss your next bid with those around you. When you’re waiting to see if you’ve got it, five minutes can feel like an age!

But if you are the successful buyer, when the timer goes to zero, that’s the exchange of contracts. This offers more security than the more common private treaty sale, where getting to exchange of contracts can sometimes be quite a long and fraught process, taking typically three to four months.

We are confident that selling by online auction is a great way forward for many clients. A property doesn’t need to be falling down or condemned to qualify. Give us a call and we can talk about what you’ve got to sell and how the online auction process can work for you. While we don’t pretend that this will be the new eBay, we can see significant growth in this method of sale – be part of the success story!

£

Guide price: £25,000

Sold price: £58,250

Land at Tyn y Coed Pentywyn Road, Llandudno A rare opportunity to purchase a parcel of grazing land, suitable for grazing or equestrian use

SOLD

£

Guide price: £50,000

Sold price: £85,000

Stainsby Stainsby, Heath, Chesterfield A former village school, offering great potential situated on the edge of the village with rural views

SOLD

For further information...

If you are interested in finding out more about selling by online auction, please contact Tom Dennes on 07587 033061 or tom.dennes@fishergerman.co.uk

£

Guide price: £180,000

Sold price: £388,000

fishergerman.co.uk | PAGE 13

Click to find out more

A c17th century hall with garaging, pool house and cottage Caverswall, Stoke-on-Trent

£

Offers over £1,000,000 Stafford 01785 257011

• • • • • • • •

Sitting room and conservatory Kitchen/breakfast room and utility Family room and dining room 4 bedrooms, all with en suites 3 bedroom cottage Pool house Double garage and driveway EPC Rating D

Click to find out more

A delightful 5 bedroom Victorian former school Knightley, Staffordshire

• • • • • • • •

Dining room, drawing room and snug Kitchen breakfast room and pantry Guest WC and laundry room Office/annexe/granny flat 5 bedrooms and 4 bathrooms Barn, stables, lake and paddocks Double garage and gated driveway EPC Rating F

PAGE 14 | Source 2022

£

Guide price – £1,495,000 Stafford 01785 257011

A superb Grade II Listed detached cruck framed cottage Stoulton, Worcestershire

Click to find out more • • • • • • •

Drawing room, dining room Kitchen, utility, cloakroom 4 bedrooms (2 en suite), family bathroom Detached garage In all approximately 2,375 sq ft Gardens & grounds extending to 0.71 acres Planning permission for adjacent detached dwelling • Grade ll Listed

£

Guide price – £895,000 Worcester 01905 726220

fishergerman.co.uk | PAGE 15

National Country Agency Team The knowledge and expertise provided by your local office is complemented and enhanced by our National Country Agency Team. Specialising in the sale of complex and higher value property, the National Country Agency Team can provide additional market insight, technical expertise and guidance to chart a clear path through the myriad and often complex factors that could be influential in a sale. The team are focused on unlocking additional value by formulating, and then implementing, the best strategy to create the highest possible sale price for country houses, farms and estates.

Local and regional buyers are the largest group of potential purchasers for most properties and our regional offices will cover this group comprehensively. However, where properties are unique and in short supply, experience demonstrates that buyers often have much wider search areas. Our ability to promote and

Stuart Flint National Country Agency Team

market your property to reach a national market can add a valuable advantage to your sale.

The National Country Agency Team will be responsible for co-ordinating the London exposure of your property which is augmented utilising LonRes, recognised as the premier network and data source for over 6,000 leading agents working in London. By instructing Fisher German, you are connecting your property to the best possible network of London buyers who are relocating out of the capital, and at no extra cost to you. Current estimates suggest that the LonRes network has in excess of 100,000 active buyers, many of whom are selling in London and relocating to the countryside.

Finally, in addition to delivering the very best job, we want you to enjoy working with the National Country Agency Team; a personal and collaborative approach is at the heart of what they do.

Alasdair Dunne National Country Agency Team

Matthew Allen National Country Agency Team

If you feel that your property sale might benefit from the expert insight of the National Country Agency Team, please call 020 7870 7799 or email ncat@fishergerman.co.uk

Richard Gadd National Country Agency Team

07501 720422

07501 720412

07810 378190

07966 481487

stuart.flint@fishergerman.co.uk

alasdair.dunne@fishergerman.co.uk

matthew.allen@fishergerman.co.uk

richard.gadd@fishergerman.co.uk

PAGE 16 | Source 2022

Click to find out more

A beautifully situated small farm and potential development site Longwick, Buckinghamshire

£

Guide price – £2,000,000 Thame 01844 212004

• • • • • • • •

Attractive detached period house 4 double bedrooms Outbuildings and large gardens Potential for self-contained annexe c 6.36 hectares of land Popular location with stunning view Development land/paddock Grade ll Listed

Click to find out more

An imposing and elegant former vicarage Daresbury, Cheshire

• • • • • • • •

Porch, entrance hall and cloak room Sitting room, lounge and dining room Open-plan kitchen with breakfast area 5/6 bedrooms, 2 bath & shower rooms Box room and roof storage Mature gardens with kitchen garden and lawn Timber garage, coal store, implement store Gated entrance onto extensive parking area

£

Offers in excess of £800,000 Knutsford 01565 757970

fishergerman.co.uk | PAGE 17

Click to find out more

A charming period property offering great potential Sulgrave, near Banbury, Oxfordshire

£

Guide price – £495,000 Banbury 01295 271555

• • • • • • • •

Entrance hall with flagstone flooring Sitting room, kitchen/breakfast room Useful utility/boot room 3 bedrooms and family bathroom Single garage Gardens with countryside views Edge of village position No onward chain, circa 0.29 acres

Click to find out more

A handsome stone former rectory combined with a Welsh long cottage Llandegla, Wrexham

• • • • • • • •

Situated in a village location 3 reception rooms, 2 dining rooms 5 bedrooms, home office/6th bedroom Potential B&B or integrated annexe Traditional features throughout Off-road parking and outbuildings Extending to approximately 0.41 acres EPC Rating F

PAGE 18 | Source 2022

£

Offers in excess of £600,000 Chester 01244 409660

Extensive character farmhouse with stables, outbuildings and a large courtyard garden Ashby Magna, Leicestershire

Click to find out more • • • • • • • •

Kitchen, sitting room, formal dining room Drawing room, garden room Master bedroom with en suite 2 double bedrooms, single bedroom/ dressing room Family bathroom Impressive run of stables and stores Outbuilding with potential subject to planning Large area for parking, courtyard garden

£

Guide price – £795,000 Market Harborough 01858 410200

fishergerman.co.uk | PAGE 19

A 6 bedroom country house set in 2.7 acres with separate cottage Upper Longdon, Staffordshire

Click to find out more • • • • • • • •

Entrance hall, drawing room, sitting room Kitchen and formal dining room Utility area/boot room, study 6 bedrooms, 2 bathrooms, shower room Separate cottage with large double bedroom Driveway, store, formal gardens and terrace Stables and 2 grazing paddocks EPC Rating E

£

Offers over £1,250,000 Stafford 01785 257011

PAGE 20 | Source 2022

Architecture

Historic homes and period properties have long captivated those looking to own a house that combines a rich provenance with enduring design. Many buyers actively search for exemplar properties that clearly express the architectural vernacular of a particular period; others are less specific about era but would love to be the next custodian of an historical architectural gem that encapsulates whatever period in which it was constructed.

TUDOR

1485 to 1603

Tudor houses remain some of the most striking period properties in Britain, with both grand and modest homes having enduring appeal.

We have had the pleasure of facilitating the sale of an extraordinary range of historical properties, and here we take a tour of some of the most popular historical architectural styles for house-hunters keen to have their own piece of design history.

Larger Tudor properties are characterised by an H or E shaped floorplan and symmetrical architecture, with ornate multi-paned windows and the distinctive four-centred arch. Decorative chimney stacks and large stone fireplaces are common, and the richness of design continued internally with floor to ceiling oak panelling, ornate plasterwork, wooden flooring and encaustic tiles.

The archetypal smaller Tudor property is timber framed and often painted a characteristic black and white. These smaller properties (especially in towns or cities in which space was a premium) were built on simpler square or rectangular floorplans. Cruck framed structures and thatched roofs were common, creating a highly desirable ‘chocolate-box cottage’ style sought after by many today. fishergerman.co.uk | PAGE 21

GEORGIAN 1714 to 1830

QUEEN ANNE 1702 to 1714

This baroque style was developed in Queen Anne’s reign, where distinctive properties were typified by bilateral symmetry and a central triangular pediment, with attractive sash windows. Warm brick tones together with quoins and carvings added an ornate aesthetic to the façade without compromising the elegance of the property. Queen Anne houses were built to a smaller scale than the Georgian properties that followed and are enduringly popular period properties for homebuyers today.

Houses built by our Georgian ancestors are perhaps the most sought after.

Highly influenced by Classical and Palladian architecture, these wonderfully elegant properties were constructed to carefully considered theories of proportion and ratio, and whatever their size are characterised by sophistication and symmetry. To understand a little more about Georgian construction ratios, you may wish to research The Golden Ratio which is often considered to be the ratio of beauty!

The typical Georgian country house was situated in impressive, landscaped grounds and often built wide and low to appear striking from a distance. Constructed of brick or stone, architectural focus was on the façade and rear of the property. Large windows were placed with a focus on balance and Corinthian, Ionic and Doric columns were often a feature of the impressive entrance porches of these

properties. Internally, such properties were incredibly ornate, with delicate plasterwork, elegant chimneypieces, plus intricate stonework and marble.

Carefully proportioned windows and high ceilings created space and elegance.

However, it is not just the country houses of the era which have enduring appeal. Georgian town houses fulfilled the needs of rapidly expanding urban populations, and the terraces, squares, crescents, or circuses of architecturally cohesive symmetrical and stylish properties remain incredibly popular with house hunters today. These houses are slim and tall, with distinctive sash windows and an entrance situated on one side of the façade, often with a decorative fanlight within the doorcase.

Many such homes are Listed to protect them in their original form and as such have survived with most attractive period features intact.

VICTORIAN

1837 to 1901

The proliferation of building in the Victorian era makes Victorian properties some of the most architecturally recognisable.

However, this ubiquity hasn’t dampened the desire of buyers to find their own Victorian home, whether it be a classic Victorian terrace or a more grandly proportioned property.

The Victorian terrace property, with its bay windows and red brick construction, is instantly recognisable as being of the era. Despite not being the largest of properties, these homes tend to have high ceilings and bay sash windows, creating a light and airy feel.

Terracotta detailing to the exterior, leaded lights and stained glass, attractive tiled flooring and decorative cast iron fireplaces are some of the period features that make these homes so desirable.

Grander Victorian properties, encompassing country houses and manor houses have similar recognisable design and architectural features. Perhaps the most easily recognisable style is the Gothic revival movement which came to prominence in the second half of the 18th century and was heavily influenced by medieval structures. Dramatic vertical emphasis is achieved by employing many elements from the era such as steep pitched roofs, pointed arches, finials and ornate details. Crenellations, towers and turrets were also popular motifs of the Gothic Revival style, making properties in this style a popular choice for those who favour property with a little bit of drama.

EDWARDIAN 1901–1910

Although a brief period, Edwardian architecture can be seen as a refinement of classic Victorian architecture and its style is enduringly popular and influential. Often of red brick construction, Edwardian houses were characterised by steep pitched roofs with gable ends and decorative chimneys.

Privacy was becoming an increasing concern at the time, and so many Edwardian homes were set back from the road with a front garden. Large windows and high ceilings were retained from previous eras, providing a bright and spacious interior.

ART DECO Art Deco architecture gained popularity in the 1920s and 30s, and was typified by bold geometry and contrasting linear design with curved elements in a streamlined and clean style. Properties were often white rendered with distinctive Crittall windows creating a sleek look. Although not as prevalent as other period styles in Britain, the distinctive homes in this architectural style are perennially popular and their rarity only serves to increase their appeal.

Whatever your preferred style of historic home, this country has a rich heritage of stunning architecture, and we are delighted that we can play a small part in ensuring beautiful buildings are paired with buyers who truly appreciate them.

fishergerman.co.uk | PAGE 23

Selling success SOLD

SOLD

Tilton on the Hill, Leicestershire

SOLD

Swepstone, Leicestershire

SOLD

Brill, Buckinghamshire

SOLD

Farnah Green, Derbyshire

PAGE 24 | Source 2022

Oulton Heath, Staffordshire

SOLD

Mollington, Cheshire

SOLD

Medbourne, Leicestershire

SOLD

Moreton Pinkney, Northamptonshire

SOLD

Tixall, Staffordshire

A selection of recently sold properties SOLD

Cottingham, Northamptonshire

SOLD

Dodford, Worcestershire

SOLD

SOLD

Alton, Derbyshire

SOLD

Haddenham, Buckinghamshire

SOLD

Whitbourne, Worcestershire

SOLD

Holmes Chapel, Cheshire

SOLD

Pulford, Cheshire

SOLD

Acton Trussell, Staffordshire

Tardebigge, Worcestershire

fishergerman.co.uk | PAGE 25

Selling success SOLD

SOLD

Middleton, Northamptonshire

SOLD

Wotton Underwood, Buckinghamshire

SOLD

Belton in Rutland, Rutland

SOLD

Maidford, Northamptonshire

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Worminghall, Buckinghamshire

SOLD

Mobberley, Cheshire

SOLD

Holywell, Flintshire

SOLD

Repton, Derbyshire

SOLD

Bostock, Cheshire

A selection of recently sold properties SOLD

Plumley, Cheshire

SOLD

Westbury, Buckinghamshire

SOLD

SOLD

Long Crendon, Buckinghamshire

SOLD

Mold, Flintshire

SOLD

Epwell, Oxfordshire

SOLD

Church Lench, Worcestershire

SOLD

Tilston, Cheshire

SOLD

Chebsey, Staffordshire

Hellidon, Northamptonshire

fishergerman.co.uk | PAGE 27

Click to find out more

A beautifully presented Grade II Listed former inn Melbourne, Derbyshire

£

Guide price – £1,200,000 Ashby de la Zouch 01530 410840

• • • • • • • •

Living kitchen, garden room Sitting room and dining room Secondary kitchen and study Open-plan sitting room and kitchenette 4 bedrooms, 2 en suite, bathroom Detached one bedroom annexe, gardens Garage and gardener’s WC Grade II Listed

Click to find out more

A delightful rural family home with annexe, sitting within about 2.1 acres Threapwood, Staffordshire

• • • • • • •

Entrance hall, cloakroom, sitting room Breakfast kitchen, dining room, playroom/study Master bedroom with en suite 3 further double bedrooms, family bathroom 2 bedroom annexe Driveway with car parking space, double garage Gardens and paddock land, garden store and workshop.

• EPC D

PAGE 28 | Source 2022

£

Offers over £895,000 Stafford 01785 257011

A recently developed high-specification barn conversion Tarporley, Cheshire

Click to find out more • • • • • • • •

Superb open-plan family dining kitchen Sitting room through lounge Dining room Utility room and separate pantry, WC 4 double bedrooms, 3 bath/shower rooms Agricultural land Formal gardens and extensive parking EPC Rating C

£

Guide price – £1,175,000 Chester 01244 409660

fishergerman.co.uk | PAGE 29

An elegant village house with impressive gardens Kingston Blount, Oxfordshire

Click to find out more • • • • • • • •

Kitchen, utility room and cloakroom Dining room and drawing room Second reception room 5 bedrooms and 3 bathrooms 2 large attic storage areas Double garage Gravelled parking area and gardens Grade ll Listed

£

Guide price – £1,200,000 Thame 01844 212004

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Click to find out more

Stunning and spacious three bedroom duplex apartment Diglis Waterside, Worcestershire

£

Guide price – £475,000 Worcester 01905 726220

• • • • • • • •

Living/dining/kitchen area Mezzanine master bedroom with en suite Large ground floor storage cupboard 2 double bedrooms and bathroom Further storage cupboard Secure parking space In all, approximately 1,343 sq ft EPC Rating E

Click to find out more

Wonderful, high quality barn conversion Blaston, Market Harborough

• • • • • • • •

Commodious sitting room Live-in family kitchen Further reception room Utility, cloakroom and WC 4 bedrooms with 2 en suite, 1 bathroom Front garden and rear courtyard Ample parking EPC Rating B

£

Price on application Market Harborough 01858 410200

fishergerman.co.uk | PAGE 31

New Homes There are currently far more people who would like to move home than there are homes available for sale. This creates a dynamic market and one that requires careful planning if you are to move successfully and with a minimum amount of stress!

This increased demand for homes means that developers are not only building at an increased rate to construct more new properties, but also, they are delivering a wider variety of architectural styles to appeal to virtually every purchaser. People who perhaps hadn’t considered a new home in the past are taking a much greater interest in them now.

There are some benefits that a new home provides that not everyone will be aware of – so here is a little guide to the positives of focusing on new.

Energy efficiency and reduced bills Energy efficiency is becoming more important to all of us for a variety of reasons. Whether it’s environmental considerations, financial considerations, or something else, there is general recognition that sustainability and efficiency are very important. New homes are ahead of the game when it comes to this, when comparing them to period properties.

Very simply, building regulations include a set of standards that developers must meet in order to make the properties that they build as energy efficient as possible.

This increased energy efficiency means that energy bills will be lower than they are for older properties. In England, current energy bills for an existing property typically cost an estimated £797 per year, whilst for a new-build property it’s about 50% less at a typical cost of £390.

This differential will increase further, as new homes must comply with the latest building regulations and from June 2022 CO2 emissions from new-build homes must be around 30% lower than current standards.

This means that installing low carbon technology, such as solar panels and

PAGE 32 | Source 2022

heat pumps, and using materials in a more energy efficient way to retain heat are becoming common. These moves will not only help cut emissions but will also save you money on your energy bills.

Data from Energy Performance Certificates shows over 80% of new homes have the highest A or B ratings.

That compares to just 2.2% of existing properties. With better EPC ratings, new-build homes open up the option of green mortgages which typically offer cheaper rates.

The latest technology In line with building regulations, new-build homes typically offer the latest safety features such as multi point locks on doors and windows, security lighting, alarms, fire safety and in some cases gated entrances.

These types of measures can help to bring down the cost of your buildings and contents insurance whilst also giving you peace of mind. Technology is not simply the preserve of safety features. New-build homes often offer ‘smart home’ features for audio-visual technology, lighting and heating to name but a few.

“Builders are delivering a wider variety of architectural styles to appeal to virtually every purchaser” Creating the home you want Perhaps you’re a competent DIY enthusiast with time to enjoy renovating a property, or perhaps you’re one of the few who can secure tradesmen easily, but for many people there is a significant advantage to buying a property that isn’t going to require significant maintenance.

With new builds there is often the option to choose fittings, fixtures and perhaps even tweak the layout to meet your individual needs, so that you can really tailor your home to the style that you want. This means you should simply be able to unpack your belongings on movein day and start enjoying your new home!

It’s also worth knowing that many newly constructed homes come with a 10-year build warranty covering structural defects and developers often include additional warranties for your peace of mind.

Chain free The transaction process itself is often less hassle with a new build. If you have moved home in recent memory, you may remember that one of the key challenges is balancing your needs with the needs of the person you are selling to or buying from. If a new home is a consideration for you then buying from a developer takes out a large element of uncertainty. You will be buying a property from a business rather than another private individual, which certainly simplifies the nature of the transaction.

One of the well-known challenges of moving house is trying to get a group of people coordinated to all move house on the same day – the so-called property chain. A new home is inevitably the end of the chain, again simplifying the nature of the transaction. Some property developers are set up to buy your home, taking

it as a part exchange against the new property – again paving the way to a stress-free move.

New builds often get a bad press with stories of poor quality making the headlines. Even with the best new-build home, you can still expect snags like doors getting stuck on new carpets or a loose tile. The good news is you will get plenty of time to inspect your property and in most cases, issues are rectified within 28 days.

In reality, people opting to buy an older property will have a similar list of minor issues to tackle.

In addition to this, old homes will usually require more maintenance and renovation in comparison to newly built homes, due to their ageing features and utilities.

If you are one of the first people to move on to a new development you may be living beside houses that are under construction which can impact your enjoyment of your home for a few months. Unfortunately this is unavoidable, but it won’t be long before you see new neighbours move in and the community develop around you.

For further information... ...on anything you’ve read on these pages or to enquire about the properties featured, please get in touch with Ella Pearson on 07580 323827 or ella.pearson@fishergerman.co.uk

An advantage of buying a new build is you may have the opportunity to buy ‘off-plan’ which means buying it before it is even built.

This might sound risky, but if you’re buying in a market where property prices are on the up and more homes are needed, it can have its rewards!

Many prospective buyers prefer a property to have its own identity and features, as opposed to the blank canvas of a newly built home. If you’re more a fan of period property, take a look at our article on page 21.

Foresite

New Homes mark et insight from

COMING SOON to Knaptoft in Leicest

ershire

A superb developmen t of 13 unique luxury properties SEE PAGE 2

the experts at

National Development Team update

Fisher German

A track record to be proud of

Case studies

SEE PAGE 2

SEE PAGE 3

SPRING LAU

Recent NEW instructions

SEE PAGE 3

NEW HOMES

NCH for high specification with live-workChester development spaces

If you would like to receive a copy of Foresite, our regular new homes update newspaper, please contact Samantha Vickery.

You can either email Samantha.Vickery@fishergerman.co.uk or call 01530 446065.

KNOW HOW

Early off-plan sales success

for Meadow Rise

Beaufort Court, an exclusive developmen t by Pure Residential Commercia & l Ltd being finished offering 20 homes to an unrivalled specificatio n, located south River Dee within of the a short drive Chester City to Centre and enjoying delightful countryside views.

Each property benefits from separate live-work a garage with option of a the dedicated first floor office space enabling purchasers the perfect solution to blend life with modern workbenefiting from designed homes energy efficient

features such as and car charging air source heating points.

The developmen and 6 bedroom t comprises of 4, 5 homes which been designed have by architects Willacy award-winning Horsewood .

The properties have a vaulted glazed feature to their front elevation and internally they luxury modern boast kitchen designs quartz worktops with and integrated boiling water taps, underfloor heating and an integrated SMART home automation system.

New Homes Mov e Towards Net

We will be launching this unique developmen t early Spring, promoting the first phase of releases off plan, with the first completions expected late Summer.

Beaufort Court, Lache Lane, Chester, CH4 9AD For further information contact our Chester team now on 01244 409660

Tackling climate change is one by 2025 has of, if not the propelled the biggest challenge environmen issue of sustainabil tal ity further into the world faces. The need to produceimpact that arises from commitmen the spotlight, building and significantl t that all new reminding us maintaining y less CO2 homes are that housing homes. Recent to help the to be ‘zero has a fundament country move carbon ready’ changes to towards net governmen al role to play zero in 2025. t guidelines in reducing New homes dictates that will all new homes the produce 75-80% be expected to will powering buildings lower carbon emissions compared currently makes up 40% of the to current which set the levels so will UK’s standards in use. To achieve total energy need to be fit for the design, England for the future by this low carbon technology being highly construction developers alteration of energy and efficient with will not only buildings, following be installing low heat public consultation These changes carbon heating. a panels but will pumps and solar deliver a significant and will come into effect from uptick in the need to be making move towards pace June 2022. a away from gas of the shift using materials more energy boilers and in a The clear aim efficient way expectation the is to is that heat heat in and and make the to raise standards pumps will cut emissions. keep become the next step towards main source This will not only lower cleaner greener a of heating for most new energy cost for the families but homes paving the way built environment, also for the Future climate change support the UK’s Homes and Under the new ambitions to Buildings regulations, protect the help 2025. The intention Standard in emissions from CO2 environmen t. is that homes built to this must be around new build homes standard will The Governmen 30% lower than not need to be retrofitted current standards. t changes to Building Regulations with any additional Heating and measures or were technology announced to become in December net zero.

2021

Zero

Just weeks after sale at Meadow homes were released for to reserve one Rise, purchasers raced of the twenty-one being built by Cotswold Homes homes of the development with 26% already sold.

The development 5 bedroom barn , a range of 2,3 4, & and traditional-sty properties is le set Hills within the on the edge of the Malvern small sought-after of Alfrick, located village just 8 miles the City of Worcester. west from The award-winnin community g village store, as well as a office and a post quaint café create a perfect village centre for residents in offering a fantastic an area choice of footpaths and bridleways which you would to find living near to the Malvern expect Hills.

All the homes are being built standard with to a high quality and sustainability in mind as you would expect Cotswold Oak. from They benefit living spaces from generous and open plan dining spaces kitchenwith appliances creatinghigh quality integrated home. The propertiesa real hub of a family boast a range different features; of has a fabulous the 4 bedroom Sorrell double height entrance hall fully glazed providing an abundance of light making it feel open and whereas the inviting, 5 bedroom extensive dual-aspect Larkspur has an formal sitting with bi-fold room doors opening onto the garden.

The first properties on the development will complete late Spring, seamlessly blending the character of traditional homes with the requirements qualities and space of and offer superb modern homes towns and cities. links to nearby Meadow Rise, Folly Alfrick, Worcestersh Road, ire, WR6 5HN For further information call our Worcester team now on 01905 726220

fishergerman.co.uk | PAGE 33

A boost to buying

Alvington Green Alvington, Lydney

Cotswold Oak

Help to Buy The new Help to Buy scheme launched on 1 April 2021. The scheme is for first-time buyers and includes regional property price limits to ensure the scheme reaches people who need it most. The new scheme will run until March 2023. As with the previous scheme, the government will lend homebuyers up to 20% of the cost of a newly built home, and up to 40% in London.

Shared ownership This scheme enables you to buy a share of a new home from the ‘landlord’, who is typically the council or a housing association, and pay rent on the remaining share. You need a mortgage to pay for your share, which can be between a quarter and three-quarters of the home’s full value. You then pay a reduced rent on the share you don’t own. Later, you can choose to buy a bigger share in the property, and ‘staircase’ up to 100% of its value.

Assisted Move/Help to Sell/ Easymove/Smooth Move

A distinct collection of 4 and 5 bedroom inspiring new homes located in the picturesque village of Alvington.

Worcester 01905 726220

£

Prices from £495,000

Meadow View Knaptoft, Leicestershire

St Peters Court Developments

Assisted move schemes are offered by new house builders or developers. They are intended for those who want to buy a new-build house from them but have an existing house they need to sell first.

Part Exchange The part exchange scheme is where you trade the value of your existing house against a new-build property.

Ultimately, your property serves as part payment for a new-build house and this way of selling will help you avoid having to repair a property chain and means you will own a brand-new home. One of the reasons some sellers like part exchange is that the sale of their property is more guaranteed and avoids lengthy and complex chains, meaning a part exchange house scheme could be just the answer for you.

Situated in the hamlet of Knaptoft, Meadow View will provide eight new barn style properties centered around a courtyard, three new cottages and two substantial new houses with historical features (including a listed annexe), each boasting spectacular views..

Market Harborough 01858 410200

PAGE 34 | Source 2022

£

Prices from £325,000

Lyndhurst Gardens

Orchard Court

Welland, Malvern

Much Cowarne, Herefordshire

Lyndhurst Construction Ltd

A luxury new development of only five detached 3 and 4 bedroom homes crafted to the highest standard and boasting exceptional rear views of the Malvern Hills.

Mark James Complete Building Services

A small but perfectly positioned collection of carefully crafted homes in the rural idyll of Much Cowarne in Herefordshire.

Worcester 01905 726220

Worcester 01905 726220

£

£

Prices from £600,000

Beaufort Court

Phase 2 Rotherby Manor

Chester, Cheshire

Pure Residential & Commercial Ltd

An exclusive development of twenty 4, 5 and 6 bedroom new homes with exceptional architectural merit, enjoying delightful countryside views, located within a short drive to the southwest of Chester City Centre.

Chester 01244 409660

Prices from £525,000

Frisby-on-the-Wreake, Leicestershire

Bowbridge Homes

A stylish collection of attractive 2, 3, 4 and 5 bedroom new homes set in Leicestershire’s rolling countryside.

Market Harborough 01858 410200

£

Prices from £595,000

£

Prices from £430,000

fishergerman.co.uk | PAGE 35

A characterful barn conversion with fabulous grounds Stanton-by-Bridge, Derbyshire

Click to find out more • • • • • • • •

Breakfast kitchen and dining room Fabulous sitting room and mezzanine Master bedroom with en suite 3 further bedrooms and family bathroom Landscaped gardens with summer house Double garage and off-road parking About 0.4 acres in all EPC Rating E

£

Guide price – £775,000 Ashby de la Zouch 01530 410840

PAGE 36 | Source 2022

Click to find out more

A Grade II Listed character cottage situated in an idyllic setting Thame, Oxfordshire

£

Price on application Thame 01844 212004

• • • • • • • •

4 bedrooms Sitting room with fireplace Kitchen/breakfast room Dining room with open fireplace 2 bathrooms 2 separate courtyard gardens Garage with electric door Grade II Listed

Click to find out more

A substantial Victorian detached house Stanthorne, Cheshire

• • • • • • • •

A substantial Victorian detached house 6 bedrooms 5 reception rooms Detached 2 bedroom apartment A range of outbuildings, stables and manège Set within approximately 10 acres Garaging and parking EPC Rating D

£

Guide price – £995,000 Knutsford 01565 757970

fishergerman.co.uk | PAGE 37

Click to find out more

A well presented cottage with lovely gardens Barford St Michael, Oxfordshire

£

Guide price – £710,000 Banbury 01295 271555

• • • • • • • •

Sitting room, dining room & study Kitchen breakfast room & utility room Cloakroom & boot room Bedroom with en suite shower room 2 further double bedrooms and bathroom Covered car port & further parking Cottage garden (about 0.2 acres) EPC Rating D

Click to find out more

An exceptional residential and equestrian farm Backford, Cheshire

• • • • • • • •

Traditional seven bedroom farmhouse Range of traditional farm buildings Planning consent for conversion Range of modern and general buildings Stables and manège Arable land, grassland and woodland Paddocks EPC Rating F

PAGE 38 | Source 2022

£

Offers in excess of £2,300,000 Chester 01244 409660

A beautifully appointed country property with annexe Middlewich, Cheshire

Click to find out more • • • • • • • •

Entrance hall and lounge Open-plan sitting room and dining room Kitchen and adjoining garden room 3 double bedrooms, 2 with en suites Family bathroom Annexe comprising living area and shower room Implement stores and wood store Gated entrance with large parking area

£

Guide price – £435,000 Knutsford 01565 757970

fishergerman.co.uk | PAGE 39

Property trends 2022...

As Alasdair mentioned in his introduction to this magazine, the ‘race for space’ – the prevalent desire to move away from cities and into the countryside – has seen homebuyers re-evaluating not only where they might like to live but also the specific kinds of homes that they want. The yearning for more space goes beyond simple location; buyers are increasingly searching for more spacious homes and larger gardens, possibly even with a little land.

Changed working practices means that one of the most common space requirements is a property with room for a dedicated home office or even two. This may not always be practicable, so in smaller properties people are looking for areas that offer clever use of space to create an office nook in an underused area. This could be a corner or alcove of a room, a hallway or a landing, or other neglected space.

In a larger property, a small spare room obviously works well utilised as a home office, but there are other options to consider too. If a spare room is not available, but the solitude of having an office behind closed doors is important, garage and loft conversions are good options to look for. Planning permission is not usually required as long as the work is internal and does not relate to a Listed building

Although office space remains important, people are also looking to reclaim some balance in their homes, and to make hybrid working work with hybrid interior spaces that really function for family life in 2022. Open-plan living is highly desirable for many house hunters, and never more so than in the kitchen. A modern family kitchen is so much more than just a functional room. It’s a place to socialise, entertain and work, and often needs to be flexible enough to be the perfect location for an informal dinner party, family meals, a place for children to play or do homework, and an area to relax. As the kitchen now occupies such an important role in our lives, it has become one of the most influential rooms in a property sale. A kitchen that matches the aspirations of the majority of the buying population is a huge step towards a successful sale.

PAGE 40 | Source 2022

where additional consents may be required. Many people are surprised to learn that there is also usually no planning permission required when adding a small extension to the rear or side of a house, as such modifications are acceptable through government ‘permitted development rights’, although it is essential to take advice from a planning expert before undertaking any changes to your home.

People are becoming more aware of sustainability and the environmental impact of their actions. When it comes to property, this is not just apparent in the way that we build and heat our homes (you can read more about that on page 8) but also in the choices we make for their interiors. Biophilia may seem to be another zeitgeisty term made for a social media hashtag, but the desire for connection to nature can be seen as more than a passing fad. People are increasingly keen to utilise natural, responsibly resourced materials and furnish their house with products that offer longevity, increasingly eschewing ‘fast fashion’ and synthetic homewares due to their negative environmental impact.

The biophilia trend expands beyond natural materials to the desire to bring nature itself indoors. Perhaps as a result of the pandemic and lockdowns, people have realised the benefits of being surrounded by nature and are increasingly focused on creating a seamless flow between inside and out. People are on the look-out for homes with transitional spaces such as orangeries, sunrooms and conservatories; anything that can create a continuation of the interior space whist making the most of garden views and providing useful additional dining spaces or family rooms. If such an additional structure is not possible, considered use of glass panelling, large windows or bi-fold doors can unite inside and outside spaces.

The garden itself has taken on more importance in recent years too; people are now considering gardens as very much part of the living area of a home. Alfresco dining and entertaining were saviours for many during the pandemic, and show no sign of falling out of favour.

Purchasers are looking for homes with space for cooking outside, with grills, pizza ovens and even fully fitted

outdoor kitchens. Dining spaces do not necessarily need to be restricted to a patio area, and separate pergolas, verandas or other specially designed areas are being used to create additional garden ‘rooms’ which are slightly separate from the home and offer a more immersive experience of outside living and crucially, the all-important space that people are craving.

fishergerman.co.uk | PAGE 41

Click to find out more

Planning permission to build two quality three storey houses Brackley, Northamptonshire

£

Guide price – £500,000 Banbury 01295 271555

• • • • • • • •

Sitting room and study Open plan ‘living’ kitchen 4 bedrooms and 2 bathrooms Shower room Utility room and cloakroom Media room / playroom Off-road parking for 3 cars South-facing garden

Click to find out more

A stunning and unique Grade II Listed family home in a rare location Aylesbury, Buckinghamshire

• • • • • • • •

Arranged over 3 floors Bespoke kitchen Dining room with family area Drawing room with fireplace Four double bedrooms Family bathroom Rear gardens and driveway Grade II Listed

PAGE 42 | Source 2022

£

Offers in excess of £1,500,000 Thame 01844 212004

A Grade II Listed Georgian house currently run as a successful guest house Knutsford, Cheshire

Click to find out more • • • • • • • •

Vestibule, entrance hall and cloakroom Kitchen and breakfast room Three further reception rooms 11 bedrooms (8 with en suite) Two family bathrooms Garden annexe with bedroom and en suite Private drive and parking area Grade ll Listed

£

Guide price – £795,000 Knutsford 01565 757970

fishergerman.co.uk | PAGE 43

An outstanding Grade II* Listed Mill House with fascinating mill, sitting within an idyllic rural location Shackerstone, Leicestershire

Click to find out more • • • • • • • •

Entrance hall with Minton floor Drawing room, dining room and garden room Kitchen and separate breakfast room with Aga 6 bedrooms plus a box room 4 bathrooms Preserved mill building Adjoining granary Extensive gardens and paddock land

£

Price on application Ashby de la Zouch 01530 410840

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Stamp Duty Stamp Duty Land Tax (SDLT) is payable to HMRC when buying property or land over a certain value. SDLT is payable to HMRC in the UK with the exception of Scotland where they have their own Land and Buildings Transaction Tax (LBTT) and Wales have Land Transaction Tax (LTT).

Stamp Duty Land Tax is levied progressively, in a similar way to income tax. Calculating your liability to this progressive tax can be complex. It can depend on the type of property you are buying, and whether it is your principal private home, a second or third home or a commercial or mixed-use property. Below we break down what Stamp Duty you would be charged depending on a variety of factors.

Purchasing a Sole Residential Property If you are purchasing a residential property, are not a first-time buyer, are a UK resident and this will be the only property you will own and (whether you live in it or not), then you will pay Stamp Duty if the transaction price is above £125,000. Thereafter, you pay tax as follows: • The next £125,000 (the portion from £125,001 to £250,000) – 2%

• The next £675,000 (the portion from £250,001 to £925,000) – 5%

• The next £575,000 (the portion from £925,001 to £1.5 million) –10% • The remaining amount (the portion above £1.5 million) – 12%

Purchasing as a First-Time Buyer There is a discount for first-time buyers. A first purchase of up to £300,000 no longer attracts the tax, and the existing rate of 5% applies between £300,000 and £500,000. The relief does not apply to properties above £500,000. If you bought your first home between 8 July 2020 and 1 July 2021, the discount does not apply, and you have no stamp duty to pay if the price was under £500,000.

Second Home, Buy-to-let Property or Holiday Home Anyone purchasing a second home or buy-to-let property above £40,000 (unless this is the only property you own) will have to pay an additional 3% on top of the amounts detailed on the left.

If you are purchasing a new property which you intend to use as your only home, but haven’t yet sold your previous house, you would have to pay the higher rates detailed on the left – however, if you sell your old house within 36 months you could get a refund.

Non-Residential or Mixed Use Property Purchasing a property with significant land holdings can attract a different stamp duty calculation. If the property is classified as nonresidential or mixed-use land and property there is a stepped regime as follows: • Up to £150,000 – 0%

• Above £150,000 and up to £250,000 – 2% • Above £250,000 – 5%

Our agency teams are highly knowledgeable and are often asked to provide advice about SDLT so please do get in touch with any questions you may have. To make life a little easier, our website has an online Stamp Duty calculator to cut through the often confusing world of SDLT and save you time – you can find it here:

fishergerman.co.uk | PAGE 45

Scope of service Fisher German LLP is a leading national firm of specialist property consultants, chartered surveyors and planners, adding value to our clients through understanding, creativity and excellence. There are over 650 of us and we work out of 25 offices throughout the UK. We work for a broad range of clients in six main sectors. The heads of each sector are listed on this page together with contact numbers that you might find useful if you need advice about pretty much any topic relating to property and land.

PAGE 46 | Source 2022

Alasdair Dunne

Ben Marshalsay

Residential

Development

07501 720412

07771 974322

Giles Lister

Duncan Bedhall

Utilities & Infrastructure

Commercial

07901 918867

07831 824663

David Merton

Darren Edwards

Rural

Sustainable Energy

07770 333331

07918 677571

Thinking of buying or selling?

Fisher German has an extensive network offering exceptional national coverage. If you are looking to buy or sell residential or agricultural property we will be delighted to help you.

Please call us on any of the local office numbers on page 5 or email: property@fishergerman.co.uk if you would like a free market appraisal or if you would like us to help you with your property search.

Source magazine is intended to be informative but further advice should be taken before decisions are finalised. Prices are correct at time of launch. Fisher German LLP has tried to ensure accuracy and cannot accept liability for any errors, fact or opinion.

Date of production March 2022.

fishergerman.co.uk | PAGE 47

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