Published: 16/01/2019 Last Updated: 16/01/2019 17:13:25 Tags: London Property Market
Is this the time to buy?
Towards the end of 2018 we saw an increase in international buyers who saw the months before Brexit as the ideal time to buy. Their sentiments are that regardless of the outcome of Brexit there will not be a sudden crash, and that in all probability some semblance of normality will likely return to the market. They reason that Sterling is weak and there are some desperate sellers out there so now is the time to buy. Whilst this is certainly not a view shared by all, there is definitely some very smart money circling in London at the moment.
Published: 04/01/2019 Last Updated: 04/01/2019 11:42:36 Tags: New Year
Do pop in and see Alfie for a cup of tea and let us help you find your dream property.
Published: 21/12/2018 Last Updated: 21/12/2018 13:50:48 Tags: London Property
The team at Malverns would like to wish everyone a Very Happy Christmas and New Year.
Thank you for your support in 2018 and we look forward to working together for a successful 2019.
Published: 20/11/2018 Last Updated: 20/11/2018 16:28:48 Tags: V&A Museum
Victoria and Albert Museum - Fantastic place to visit with ALL the family
The V&A was founded in 1852 and moved to its current home on Exhibition Road in 1857. For over 40 years it was known as the South Kensington Museum, but it was renamed after Queen Victoria and her husband Prince Albert, commemorating his role in its establishment.
The V&A is the world’s leading museum of art and design, housing a permanent collection of over 2.3 million objects that span over 5,000 years of human creativity. The Museum holds many of the UK's national collections and houses some of the greatest resources for the study of architecture, furniture, fashion, textiles, photography, sculpture, painting, jewellery, glass, ceramics, book arts, Asian art and design, theatre and performance.
Collection size: 2,278,183 items in 145 galleries
Victoria and Albert Museum is the eighth-largest art museum in the world
The South Court was reused as an RAF canteen during the Second World War, about 1942.
The South Kensington Museum was the first museum in the world to provide a public restaurant.
The V&A's buildings occupy 12 acres of land in South Kensington, and are over a third of a mile in circumference.
The statue on top of the central tower of the V&A represents Fame. Her nose is missing.
There are seven miles of galleries in the V&A.
Talks, courses, workshops, family events and many different exhibitions.
Published: 14/11/2018 Last Updated: 14/11/2018 13:58:37 Tags: South Kensington Station
The station was opened on 24 December 1868 and was originally designed by John Fowler to have two platforms.
During World War 1 the unused westbound tunnel was used to store art from the Victoria & Albert Museum and china from Buckingham Palace. From 1927 to 1939, it was used as a signalling school: during World War II it contained equipment to detect bombs falling in the River Thames which might require the emergency floodgates on the under-river tunnels to be closed.
South Kensington is one of two tube stations (the other being Sloane Square) mentioned in the song "When you're lying awake" from the operetta Iolanthe by Gilbert and Sullivan
Published: 05/11/2018 Last Updated: 05/11/2018 15:19:59 Tags: Alfies View
Armistice Day – Remembrance Sunday – Sunday 11th November – 100 years on.
The Armistice of 11th November 1918 was the Armistice that ended the fighting on land, sea and air in World War 1 between the Allies and their opponent, Germany.
Also known as Armistice of Compiegne from the area it was signed, it came into force at eleven o’clock in the morning – the “eleventh hour or the eleventh day of the eleventh month” of 1918.
Two minute silence. At 11am on each Remembrance Sunday a two minute silence is observed at war memorials and other public spaces across the UK. It came to symbolise the end of the war and provide an opportunity to remember those who had died.
Poppies are used to remember those who have given their lives in battle, these are the flowers that grew on the battlefields after World War One ended.
Every year, volunteers make poppies available throughout the country, collecting donations from people to wear them. The money raised from the donations is used to help servicemen and women whose lives have been changed by wars they have fought in.
There is no correct side to wear your poppy but to wear it with pride.
The Canadian military doctor and artillery commander Major John McCrae, who had to stand in to conduct a burial as the Chaplin was called away later wrote the iconic poem “In Flanders Fields”.
In Flanders Fields
by John McCrae, May 1915
In Flanders fields the poppies blow
Between the crosses, row on row,
That mark our place; and in the sky
The larks, still bravely singing, fly
Scarce heard amid the guns below.
We are the Dead. Short days ago
We lived, felt dawn, saw sunset glow,
Loved and were loved, and now we lie
In Flanders fields.
Take up our quarrel with the foe:
To you from failing hands we throw
The torch; be yours to hold it high.
If ye break faith with us who die
We shall not sleep, though poppies grow
In Flanders fields.
ANOTHER HOUSING MINISTER
Following Dominic Raab's appointment as Brexit Secretary, former Parliamentary Under-Secretary for the Department for Work and Pensions, Kit Malthouse, has been announced as the newest Housing Minister. As the fourth MP to take up the post in the last 18 months, the sector is hoping that Mr Malthouse can last longer than his predecessor in order to at least try and attempt to fix the broken housing market.
Meanwhile at Malverns we have had an incredibly busy time on the lettings front in recent weeks but we do still have some fabulous properties, large and small, to rent out both in South Kensington and Wandsworth.
Whether it be renting, selling or buying we are here to help you each step of the way.
Do call into the office or give the team a call on 020 7589 8122.
Published: 15/01/2018 Last Updated: 15/05/2018 11:20:50 Tags: Alfies View- Parking Spaces
WE CURRENTLY HAVE:
THREE OFF-STREET PARKING SPACES EACH WITH KEYLOCK PARKING POST AVAILABLE TO RENT
TWO OFF-STREET PARKING SPACES MONDAY TO FRIDAY
7AM TO 7PM AVAILBLE TO RENT
LOCATED CLOSE TO KINGS ROAD AND CHELSEA GREEN
FOR FURTHER INFORMATION PLEASE CONTACT MALVERNS LETTINGS DEPARTMENT ON 020 7589 8122 or email@example.com
Published: 12/01/2018 Last Updated: 12/01/2018 14:49:02 Tags: Alfies View
We are pleased to say that others evidently feel the same way and we have already had some very positive viewings of properties that we have on our website with an increase in enquiries for both sales and rentals and the outlook is good. The market is still slow but our clients are taking our advice that prices need to be realistic and properties presented in excellent order to attract the discerning applicant.
It is also the time of year to head to the slopes and there we can help you too – we have some very lovely ski chalets in Switzerland to rent and to buy – so get your skis on!
The team at Malverns would like to wish everyone a very Happy New Year and hope you all had a good Christmas.
We are all refreshed and looking forward to 2018.
If you look on our website (www.malverns.co.uk ) you will see that we have a great range of properties for Sale and for Rent.
The door is always open so do pop in.
Published: 21/12/2017 Last Updated: 21/12/2017 12:56:18 Tags: Alfie
Malverns would like to wish everyone a very Happy Christmas and looking forward to catching up in the New Year.
David Fox, a wizard of a magician, worked his magic and entertained everyone brilliantly. Our chosen charity this year was The Great Ormond Street Hospital and everyone gave extremely generously to the raffle for which many thanks.
On a more serious note, the market is still extremely difficult but both our sales and rentals teams are working hard to finalise deals in the run up to Christmas; and as you will see from our web-site Malverns has gone International! Check out our properties in Holland, Spain and France.
Published: 07/11/2017 Last Updated: 07/11/2017 16:13:05 Tags: Alfies View 7Th November 2017
The current London lettings market is gently ticking over after a busy end to the summer, we still have applicants searching so do let us know about your property if you are wanting to rent it out.
The sales market is still being held by the high cost of Stamp Duty tax but we have properties under offer with some great new ones coming to the market.
Weekends are spent relaxing with the family at home on the Isle of Wight and the week in London catching up with old friends be it over a pint at Lords or keeping an eye on the culinary scene.
We are sad to say that Nigel has left Malverns to pursue interests outside estate agency, in particular to promote his Simply Sicilian venture involving the sale of delicious foodie bits from Sicily. He has been Head of Sales at Malverns for almost 3 years and in Agency for over 30 years. We will miss him and his fabulous sense of humour which has kept us smiling throughout the trials and tribulations of the London property market and the political scene!
We are however delighted to welcome Nigel's replacement, Alexander Leon, who will be starting at Malverns on 7th August and we look forward to introducing him to you if you require any sales advice or FREE valuation. Alexander is extremely experienced in the industry having set up and run the sales department in various companies in Central London. We have no doubt that he will be a great success.
How lovely to see the daffodils out and feel a bit of sunshine on our backs! Having just left a freezing New York, where temperatures plummeted to -12 while I was there, I am probably appreciating the warm snap more than most! The good news for us here at Malverns is that with the warm weather, flowers in the garden and sunshine, come increased levels of activity, sales and rentals and a flurry of people wanting to move by the Summer. We have already noticed the phones starting to ring and leads coming through our network of property portals, which is encouraging to say the least. The next step is to turn the activity into solid business, and progress those sales and rentals through to a speedy completion. Here at Malverns we pride ourselves in the fact that we lose very few deals once tied up. We believe that the sale or let is only 10% complete at the point of offer and the hard work starts when we deal with the solicitors, surveyors and other agents, trying to make the deal happen. Our professionalism at this stage is what sets us apart from the rest, ensuring that all the documents are where they should be and that people know what they should be doing at what time. You can rest assured when you instruct Malverns that we offer the complete service, from the initial viewing to enjoying that celebratory glass of Champagne when you move in. Call us now to discuss our Summer rates and our offer of a FREE MARKET VALUATION.
Oh and don't forget to tune in or record our very own Head of Rentals, RIA GEERLING, appearing on HOMES UNDER THE HAMMER on Thursday 16th March..
There is never a dull moment in Malverns Estate Agents! What a wonderful weekend it was for Nigel, who celebrated the arrival of his first granddaughter, a beautiful little girl called Olivia. Not such good news for Niki though, who found herself in hospital over the weekend. I know the staff will all join me in wishing her a speedy recovery and hoping that it's only a matter of time before she's back in the saddle again and of course in the office with the team. The market continues to surprise everybody, with some last minute sales being put together, although the rental side is very quiet as we approach the festive period. Here at Malverns we are convinced that the spike in sales is due in part to the lower value of the pound against other currencies. A number of foreign investors, as well as some bullish British buyers have shown that even with a new regime in the USA and an uncertain future in the UK, they are still prepared to invest in what historically has always been a solid property market. we will continue to keep you posted with market developments as the year ends and we move into 2017.
Whether you are a sports fan or not, you cannot fail to be impressed by the amazing achievements of our fabulous Olympians! Right up there with the USA and ahead of China in the medal table is simply sensational! It's even taken away from the other main event that has been happening and is a favourite of mine... the Westie Olympics! The dogs compete in sprints such as the 'Paw hundred metres' and the Paw by Paw relay... not to mention the singles and pairs water ski-ing (pictured!).
It's not to late to take advantage of our huge discounts being offered to any vendor instructing Malverns to sell their property, throughout the Olympics. Talk to Nigel or Niki on sales and Ria if you want to rent or let your home, or simply pop in for a friendly welcome from us all.
Published: 08/08/2016 Last Updated: 01/09/2016 14:36:09 Tags: Alfies View
Published: 29/07/2016 Last Updated: 01/09/2016 14:27:10 Tags: Alfies View
As Alfie is away on holiday at the moment, it has fallen on Nigels shoulders to give us Malverns take on the current political and economic situation in the UK and the way we envisage it affecting the London property market:
MALVERNS & BREXIT
Those of us in the London property market had been anxiously awaiting the results of the Brexit referendum, as the lead up period had been full of uncertainty, resulting in lower transaction volume. With the 24th June 2016 vote to leave the European Union, unfortunately, surety has not been restored and many are wondering what this means for United Kingdom, and the London property market.
The results of the vote triggered an immediate reaction in the financial and currency markets, with the pound plummeting to a 31-year low against the US dollar. The FTSE opened with a fall of 8.7% (although recovered) and both house building and banking shares were amongst those hardest hit.
Even with the initial response being very dramatic, agreeing the terms of the exit from the EU could take up to two years to negotiate (from the time Article 50 is invoked) which could mean many more months of uncertainty.
The capital has been an area of prime real estate for a number of years, so as the hub of property investment, both for the UK and foreign investors, the London property market could suffer significantly. Over the last few months, we’ve already seen property sales volume decline ahead of the referendum and on the back of recent stamp duty increases. Given the capital’s links to the financial sector, rental rates may also be adversely impacted as nervousness in the financial sector and potential job transfers may impact rental demand.
However, in the midst of the many dire scenarios, there will always be opportunities. Seasoned investors have often secured their best deals during times of turmoil. With the sterling’s recent decline of over 10% (relative to USD) it has not only offset recent stamp duty increases, but may also cover any potential reductions on lower rents, good news for foreign investors. For those with a long term view, buying property is still a good investment, particularly when compared to alternative investment options.
For some sellers, we have had to have the difficult conversation of price reductions, but we’ve also successfully completed sales transactions, so deals are being done. For those sellers who have owned their properties for a long time, prices in London are still well in excess of the low points of 2007 and 2008, meaning that they are likely to be selling at a profit. But now more than ever, it is important to price to the market and being armed with the latest data and information is critical. In addition, with interest rates that are still historically low, first time buyers may also have a unique opportunity to get on the property ladder.
Only time will tell what the long term landscape of United Kingdom outside the EU looks like, but for London, the fundamentals remain compelling:
• Significant shortage of housing relative to supply
• Stable regulatory and legal system
• World class education and cultural institutions.
With a long term strategy, the London property market will continue to be a sound investment.
Property buyers and sellers should consider the facts and make decisions based on reality, not fear or misconceptions. Those who will need to move will still do so and those needing shelter will still look to buy or rent. It is easy to make a good investment in times of stability and upward trends, but more challenging in times of turmoil and uncertainty. However, given the historical returns of the property market, it is still a worthy consideration.
If you are concerned about your property investments or would like to discuss the Brexit effect, please contact us for a free consultation
Published: 25/06/2016 Last Updated: 01/09/2016 14:27:56 Tags: Alfies View
Published: 24/06/2016 Last Updated: 01/09/2016 14:27:26 Tags: Alfies View
Published: 23/06/2016 Last Updated: 01/09/2016 14:27:23 Tags: Alfies View
Published: 22/06/2016 Last Updated: 01/09/2016 14:27:17 Tags: Alfies View
Published: 19/05/2016 Last Updated: 01/09/2016 14:19:48 Tags: Alfies View,
Published: 09/05/2016 Last Updated: 01/09/2016 14:23:11 Tags: Alfies View
Well Spring certainly arrived with a bang! What a fantastic weekend. I was fortunate enough to be taken to Marlow in Bucks, for a walk through the bluebells and with temperatures hitting 27 degrees, it really was glorious! Hopefully the good weather will have the usual effect on the property market and the team will notice a surge of buyers and tenants! Ria, Niki and Nigel would love to see you for a coffee in the office and to discuss any property queries you may have.
Published: 21/04/2016 Last Updated: 01/09/2016 14:59:40 Tags: Alfies View
Published: 14/04/2016 Last Updated: 01/09/2016 14:59:48 Tags: Alfies View
Published: 07/04/2016 Last Updated: 01/09/2016 14:35:49 Tags: Alfies View
Published: 04/04/2016 Last Updated: 01/09/2016 14:35:43 Tags: Alfies View
Published: 15/03/2016 Last Updated: 01/09/2016 14:24:25 Tags: Alfies View
We are delighted to be sponsoring Nigel's daughter Jess, in her first ever London Marathon on April 24th. She will be wearing the Malverns colours as well as those of the Katie Piper Foundation, the Charity Jess is raising money for. We are hoping to help her raise her target of £3000, with a little bit of help from our loyal friends and customers. She is already half way towards her target and we believe that with a little push and some small donations from malverns clients, we can push her over the target. Katie Piper is a Charity that raises awareness and money for burns victims as well as acid attack victims. Please give generously if at all possible. https://justgiving.com/jesshumphriss
Published: 22/02/2016 Last Updated: 01/09/2016 14:36:16 Tags: Alfies View
Published: 05/01/2016 Last Updated: 01/09/2016 14:33:30 Tags: Alfies View
The team at Malverns have dusted off the winter blues and are looking forward to a revitalized property market. There is an increase in applicants looking for their perfect property to buy and to rent and we are here to make that process as smooth as possible. If you are looking to move we have some excellent properties on our website so do have a look and call us or pop in so that we can discuss your requirements.