We are a North Devon family run business who have enjoyed living in the North Devon area with the huge range of benefits that the area offers. We are always supportive of local clubs and fund raising activities. We also support larger charities in the past helping Save the Children and Action for Charity. We make regular donations to charities that are in need.
In The Community
Staff Update - Lettings Negotiator
John Smale & Co are very pleased to welcome Sam McCreadie to the Lettings team! Pop in and say hi so we can introduce our new Lettings Negotiator to all our clients!
End of the Summer Market Comment
Sad to say those words ‘End of The Summer’ especially as outside at the moment, it’s still warm and sunny, but evenings and mornings are getting cooler! Most of my clients have been very interested in the effect of Brexit on the market. I haven’t seen any Halifax reports as yet, as they are often reliant on collecting statistics and can sometimes be behind what is happening in the market at the current time, but I will be interesting when these figures get released.
I suspect there will be a slight fall around June prior to Brexit, since Brexit the market has been very buoyant, simply a decision has been made and people feel they can get on with their lives. Since the vote this office has been busy, with several sales being agreed. August usually a quiet month has been busy. So I anticipate the statistics will show a rise again in prices for July and August, this I suspect will continue in September and October. Now is definitely a good time to sell to catch the market over the next few weeks. We remain confident especially with interest rates as they are and see no changes in the short term.
If you need any advice please email me direct on firstname.lastname@example.org
Today we are set up and ready to exhibite at the Holsworthy and Stratton Agricultural Show! Come along and visit us and ask your property question. Or book a FREE no obligation valuation! We look forward to seeing you at the exhibition.
Potential Property Investor?
Now is a good time to buy an investment property, tax rules aren’t as good as they were but where else can you put your money with the new interest rates and property seems for now in North Devon anyway a safe bet. But who knows, it was only a short time ago we were talking about interest rates going up so it’s always a bit of a gamble. So when you are looking at property investment always think long term and don’t get tempted by the interest only option, although cheaper, there will not be the capital growth there once was. Look at repayment options as at least if there is no growth the loan will have been paid and then for your pension you will have an income.
If you need advice on what to buy come and see me, but basically go for something you would like to live in, don’t just go cheap, its usually cheap for a reason. Popular areas are more expensive but they perform well not only in the rental sector but also when you come to sell in the future and good areas tend to stay good areas.
Need some Advice, please feel free to give me a call or email email@example.com
John Smale and Co took part in the Highbullen Charity Golf Open Day yesterday, Thursday 11th August 2016! It was a great day, great weather, great sport all raising money for amazing charities; Over and Above & for The Spire Project – Kings Nympton.
John Smale and Co exhibited at the North Devon Show earlier this week which was a huge success! It was great to speak with both existing and new clients.
We are pleased to confirm an OPEN HOUSE EVENT for our sales property; 1 Rhododendron Avenue, Sticklepath, Barnstaple. When? Thursday 4th August 2016, between 4pm - 5pm. Call 01271 342000 to register your interest for the Open House Event! Please feel free to come along and ask any questions you may have with regards to the property. Look forward to seeing you there.
A date for everyones diary - Wednesday 3rd August 2016!
Two weeks today until the North Devon Show! John Smale and Co will be exhibiting at the popular North Devon Show event in Umberleigh. Come say hello and meet some members of the team. We look forward to seeing you there!
Sally Forsdike from John Smale and Co particapted in the Race For Life event in Barnstaple earlier in the month, July 2016. The event was for an amazing cause Cancer Research which was a huge success! The turn out to the local event was great and Sally thoroughly enjoyed the event. Sally said the sun was shining throughout the whole day which was an added bonus! - Much better than 2015s wet event. She looks forward to participating next year also.
How will the Vote to leave the EU affect us here in North Devon?
Well, that was bit of a shock to wake up to this morning! This seems to be the consensus that it was surprising, certainly the markets reacted quickly and the pound plummeted. At the office we have been quiet to the lead up to the vote due to the uncertainty the vote created, with this surprise outcome the phone today has certainly gone very quiet. The vote will certainly create uncertainty in the property market with buyers, investors developers taking a cautious approach.
I believe in North Devon we will see a period of a slow market until the mist clears and then I am hopeful of a return to a normal market as the pent up demand needs to make a move. So 3-4 months of slow market then increased activity thereafter. Unique properties and the high demand areas wont be damaged as buyers will continue to grab the rare opportunities that are out there. We are confident long term the markets will settle and normal service will resume.
John Smale & Co are proud to be sponsoring this years 2016 Velociraptor, North Devon Cycle Challenge supporting the North Devon Hospice.
As a team we participated in the 3 peaks challenge on behalf of Action for Charity raising £2000 for the charity.