I was entertaining a chum who lives in the very nicest part of a home county – he knows his odd little 1930s bungalow would be worth a couple of hundred thousand in most areas but because of the location in that particular town, he is on to a real winner. Hoever, when he and his soon to be lady wife looked at the strangely unadorned little place way back in the early 1980s, they could just about afford the front door and a bit of the kitchen. This was before the revolution in house peroperty values and the madness that now surrounds any plot of land bigger than a dustbin store. This chap paid £70K for the unpreposessing pad when similar places elsewhere were about £60K. With only the minimum modernisation and expansion up into the roof space, in 32 years, it’s now worth £875K compared to only £350K elsewhere. Incredible !
I have a chum who lives on a wonderfully hot, sunny mediterranean isle. A jewel of a place and her villa is some 40 km above the main town, in the lower mountain regeion. There are many attractive properties scattered around – a few near enough to each other to constitutue being called a village and other remotely set into the side of the mountains. Each one is owned by a family somewhere – usually a grandaughter of one of the village elders. The rather smart rule there is that property and land is passed down through the female side of families. However, in order to stop whole swathes of land being sold off to developers for the next crop of second homes and holiday villas, the older generation leaveland to three or four daughters, knowing the complex inheritence rules put them off trying to disentangle it all. A good agent and solicitor over there are a must.
When I was working for a time in a northern town, I was housed in a corporation property; it came with the job and we were placed on an estate right up above the town. It was more economical to get the bus in to town and I used to scamper up to the top floor so I could enjoy the views over the most amazing countryside. Several miles of heath and moorland stood between me and the office. It was truly glorious. More than could be said for the ugly, meanly proportioned houses on my estate. They had been built in the late 1960s as an emergency measure to house the masses and had all the basics – but not a redeeming feature that I could find. Today’s new social housing is so much prettier and thoughtfully designed to offer some dignity to the resident, not just a brick carbuncle in a small garden space.
I have family connections with folk in Houston Texas, Oxford England and various other places but these two locations are notable for their very famous architecture. Houston is new and ultra modern. Being in the stormy region – one hit by endless hurricanes, most notably in August and September 2017 during one of the worst periods of that city’s existence. They were descimated by Hurrican Issaac in the early 2000s and before that Katerina. Yet they come back time and again to rebuild their city and infrastructure. We could not hope to cope with that amount of chaos and desolation over here. The other end of the scale is Oxford. Beautiful spires of all the historic churches in the collegiate city reinforce the class and the rotunda of the Bodlian library that stands as an icon of everlasting importance in this achingly old university city. No wonder the Americans love coming over here to see our heritage.
There are so many houses being built at the moment, it’s as though we are racing to a certain point from which we cannot build anything else for the remainder of this millennium. For some reason, the office national statistics seems to be thinking there are millions of young families all desperate to buy their first home – there are literally thousand being built every month on the outskirts of every major town and city. It is possible that the original renting market has all taken it into their heads to buy instead, but this is cannot be the case. There are many areas where there is an equal number of rental agencies screaming for more stock of good, clean rentable property for their never ceasing waiting lists. It must just be there are far more young and ‘next stage up’ families out there needing to get settled. An estate agent’s dream scenario in fact!
There are so many different facets to property management. Firstly we have just the outside to deal with. i.e. all the pointing work, ensuring no gaps exist between the outer bricks. Then there are the gutters, fascias and soffits around the roof line. These can come down with sometimes tragic results when the gusty weather gets up. One of our houses had a major problem with cast iron gutters – it was a victorian mid terrace . . . not easy to fix when you have a couple of houses either side that share the massively heavy and complex gutter and downpipe system. We also had trouble with the chimney flashings – those little flaps of roof materials that is waterproof and sits below the roof tile to and is pulled up around the edged to stop any water ingress. This is where a property maintenance company is worth it’s weight in gold. An annual contract is so worth while.
Needing to find out what the suspcious banging and scraping noise was down the side of my house after the latest of a series of storms, I found to my horror that part of the guttering had detached itself and was swinging listlessly. I look around the rest of the house at all levels, but especially up at gutter height. The old & unused satellite dish was still clinging firm, despite being precariously located. I made a note of other possible problems areas and came on line to the property maintenance gang They had been inundated with calls for help. Being an old customer of theirs, I was offered a slot fairly swiftly. Access is limited but negotiations with my neighbour for the erection of the ladder round his side meant a quick reinstallation of the gutter took place by someone who really knew what he was doing and he checked the rest of the guttering. Phew!
Ooh the weather has caused so much of a problem to some folk around here. There are a few of the houses that face the opposite way to mine and that means they have been seriously buffetted about in the storm force winds that are hanging around. the geography set always seem to get their information quite correct now, the storms have names and we are told well in advance that we should plan and take action to offset as much damage as possible. This is probably because in 1987 when there was the worst and deadliest storm in living history, we were all caught out and we lost millions of trees, lamp posts were toppled, power lines down and so much damage to houses it was like a really bad horror film. Since then I have engaged contractors to ensure my maintenance is current and the house won’t fall around my ankles!
I have been watching with great interest one of the local houses. The family moved in some eight years ago, strangely with no fanfare or fuss. Since then the new family have had an incredible amount of work carried out on the house.
They used local trades people to completely gut the loft space, using specialist contractors to replace the supporting eaves, new flooring needed too to deaden sound down to the bedrooms. Once the new cinema room was complete they decided to convert the double width garage into a games room and bar. It seems an odd thing to do when so many families, needing the extra space, can’t buy these bigger homes. As soon as one comes on the market, it is snapped up. Luckily. I shall watch with interest. As the two boys have now flown the nest only the parents remain; the house has been on the market for eight months. Not a single viewing. Apparently.
Well, that’s the last of the summer holidays – the children have scuttled back to lessons and the rest of the world is settling itself down for the autumn to hit. This is not quite as alarming in a new house as it is when you own a victorian 3 bedroomed terrace that has had some hard knocks over the years.
That was my very first house purchase, many years ago it must be said. If I’d had some ready cash after all the outgoings, I would have engaged the services of a first class interior design and refit team. Everything was done a job at a time when the funds became available. A professional property management expert would have looked it over and seen immediately what needed urgent attention and what could wait. What would be just beautifying and what actually needed doing for safety and value retention and enhancement. But it and we survived 3 winters there.