In the press… country piles

Great to see our founder and MD Jennie Hancock quoted in the Daily Mail’s This is Money, talking about falling demand for large country houses.

Buyers are cost sensitive and reluctant to take on major projects because of the costs involved to bring them up to scratch and to run and maintain them going forward – which are significantly higher now than even a few years ago. People today generally want to move in and unpack, rather than tackle an extensive renovation on a large footprint.

Difficulties getting planning permission is another challenge buyers have little appetite for, and they are very wary about subjecting themselves to a long and expensive project and putting their lives on hold in the meantime.

You can read the full article here.