PUBLISHED: 11:05 26 May 2009 | UPDATED: 16:02 20 February 2013
Here comes the sun, and it's the perfect time to consider selling or buying property. George Gray explains why
There was once a time when the topic of general chatter was always the weather: now it appears to be economics. What we read in the press is uninspiring to say the least, urging us to discuss how far prices will continue to drop or some other tediously depressing property-related fact. The point here is that if we predict doom and gloom then undoubtedly it will happen.
Now let us face facts: property is selling, the South West is as popular as ever, and where better to settle than Dorset? Through our association with John D Wood & Co we are hearing about some encouraging activity, particularly from foreign buyers and investors. Lower property prices, coupled with the fall in sterling against the euro, makes investing in the UK pretty good value.
This can only be a good thing for the South West as London sales free up more buyers looking to purchase primary or secondary homes. Buyers registering from London have increased four-fold in the last three months. With all that Dorset has to offer, it is the perfect choice for Londoners looking for a quieter pace and better quality of life but who may still wish to shuttle between town and country.
Also the forces of supply and demand are as relevant as ever and in a market that has fallen there may be some reluctance to sell in the hope that prices will bounce back to the dizzy heights of 2007. Historically, prices have taken several years to recover, so for those considering selling it may be better to sell now rather than later, especially as buyer activity seems to have taken a positive turn. A crumb of comfort and a word of advice here; there is an underlying shortage of property in the UK, so prices will go up again before too long. Too late then to grab a bargain!
Some recent property instructions include Spring House in Longburton, an imposing 15th-century Grade II listed former yeoman's farmhouse, reputed to be one of the oldest houses in the village. This beautiful thatched house has many character features including exposed ceiling beams and impressive exposed roof trusses, flagstone floors and former inglenook fireplaces, and is set in grounds of over 11/2 acres, with stables and a range of outbuildings suitable for conversion if you fancy an annexe or somewhere to work from home.
Or perhaps consider Lynch Cottage in the lovely village of Shipton Gorge, near Bridport, dating back to the 18th century, extended and updated over recent years yet still retaining some charming period features with a theatrical Gothic feel. If you feel up to a walk then pack your towel and bring the dog as the sea at Burton Bradstock is less than two miles down the lane.
So, now that summer has arrived why not get out and explore Dorset? There seems no better time to consider selling, and with a wide selection of great properties perhaps it's also the time to think about buying.
George Gray can be contacted at Palmer Snell Country & Fine Homes (01935) 814531.