UK house price growth unexpectedly picked up in August, underpinned by strong employment growth and a shortage of properties on the market, according to Britain’s biggest mortgage lender. The average price of a house rose by 1.1%, reported The Halifax. Prices in the three months prior to August were 2.6% higher than a year earlier. UK home sales have exceeded 100,000 for seven months running. Between June and July they edged up to 104,760, the highest level since March 2016, according to HMRC.
H Tiddy independent estate agents have been established for over 100 years and are based in St Mawes. They pride themselves on good old fashioned service and values but use up to date technology to widely promote the properties they sell to local, national and international buyers. They have been successfully selling properties in the St Austell Bay area for over 20 years and, they are specialists in the local area covering The Roseland Peninsula and also the areas around the Fal River and Carrick Roads.
Mark Willson, Director of H Tiddy Independent Estate Agents based in St Mawes is proud to announce that 2016 was one of H Tiddy’s best trading years in the long established history of the company dating back over 100 years.
H Tiddy sold nearly 30 million pounds worth of property, covering their specialist areas from Mylor to Mevagissey, including The Roseland Peninsula, St Mawes, The Cornish Riviera and the tributary rivers and creeks on The Carrick Roads.
In our last newsletter, quickly written and circulated immediately after the BREXIT result, we predicted: “in the short term, we at H Tiddy are advising both sellers and buyers that we could have a wave of increased activity over the next few months”.
This has most certainly been the case. Stronger demand, combined with a shortage in housing supply and lower interest rates, has resulted in certain properties entering a competitive bidding situation, with offers and subsequent sales dramatically exceeding the initial guide prices advertised.
It was a great day for St Mawes as well as petrol heads last Thursday 5th May as a collection of fantastic classic cars parked on the quay in St Mawes before parading through the narrow streets as well as along the waterfront and past the Castle. The Concours d' Elegance was organised to raise funds for Childrens Hospice South West and sponsored by H Tiddy Estate Agents, Bonhams and Thienot Champagne.