My husband and I relocated south to Plymouth from Yorkshire in April 2022 after a long time spent deliberating, weighing up the pros and cons and mostly trying to convince friends and family that we hadn’t gone completely crazy. Not only did we rent a property from Cross Keys, they also offered me a job too, which I readily accepted after an interview in The Fisherman’s Arms down in the Barbican!
I cannot believe now that it has been just over two years and like our family and friends who visit, we have very much concluded that it was a great move for us to an amazing city.
Whilst a little apprehensive about moving to a city from a small town we have been very pleasantly surprised by how much Plymouth feels like the world’s largest village.
Easy to navigate around and being based in the Barbican area of the city we genuinely have the best of everything within walking distance of our front door.
We can cross the road and enjoy all the fantastic variety of pubs, bars and eateries that are on offer along with some lovely little quirky shops. A few minutes’ walk takes us to the Hoe with the stunning Smeaton’s Tower and breath-taking views across Plymouth Sound and Fireworks when the festival is on in August … a personal favourite of ours. In the other direction is the city centre with more than enough shopping and entertainment including The Theatre Royal, Drake Circus, The Box, The Pavilions and The Barcode to name only a few.
A short ferry ride from the Barbican makes both Mountbatten and Cawsand easily accessible and good to escape to when it is busy in the holiday months, in addition to the Royal William Yard where the monthly food, craft and produce market is not to be missed.
Working for Plymouth’s number one Estate Agent, Cross Keys, has certainly helped me to find my feet and my way around as well as meeting a fantastic bunch of people who I am proud to call friends as well as colleagues.
Estate Agency was a new direction for me and there are some great aspects of the job not least meeting a wide variety of people on a daily basis and helping them with the next chapters in their lives, whether they are upsizing, downsizing or just stepping onto the property ladder for the first time, it’s so rewarding when they find their next home and helping them through the process to make it enjoyable rather than stressful, it’s a great job.
We have settled so well into our new life and feel incredibly lucky to live in such a vibrant and diverse part of the country beside the ocean and welcome many visitors from the North who now think we are less crazy for moving here as they always enjoy their stays in such wonderful surroundings.
Hello again everyone and welcome to the second instalment of my guide to different aspects of life in Plymouth. As we head nearer to Christmas and start wearing woolly jumpers and big coats, we start to organise ourselves in readiness for the festive season. This is why I thought I would have a chat about how great it is to live in our ocean side city. My last blog concentrated on areas and activities around our waterfront and coastline, this time, I thought I would talk about city life and all the benefits that it can bring.
I moved to Plymouth from, what is in comparison, the small county town of Taunton to join the Royal Navy in 1993, I still cannot believe that this was 30 years ago. When I got here, I was a little overwhelmed by all the amenities that were on offer and the size of the city itself. I wouldn’t consider myself a country boy, but I guess at this time in my life I really was and I found the transition exhilarating.
There were restaurants, shops, cinemas, pubs, clubs, parks, and lots of traffic. It is true that I used to walk miles to the bus stop to get a bus to school as a kid, here every area had its own school, sometimes two or three all within a few minutes’ walk away, but the biggest change for me was the socializing aspect of the city.
The Barbican was, is and will always be a mecca for socializing, especially in the summer and even more so on bank holidays, as it is the place where so many people congregate for meeting with friends and having a drink or three. Many people start a good afternoon out closer to their houses and most seem to end up following a well-trodden trail to the Barbican where you can sit, chat, eat or dance until the sun sets and further in to the evening. There is something for everyone, from cocktail bars, pubs, clubs and some really great restaurants as well.
For me, I do love a wander around the cobbled streets of The Barbican looking around the antique and curiosity shops and the odd charity shop as well. If you wander off the beaten track, there are some real gems there waiting to be explored like artists’ studios, tea rooms and the odd psychic to tell you your destiny.
The one thing that I have noticed since living in Plymouth for over three decades now is how much things really do change. What was Bretonside Bus Depot is now The Barcode, a large complex for people to go and enjoy themselves. There are burger bars, restaurants, cocktails and drinks, cinema, childrens’ activity centre and parking all in one place, what could be simpler or easier.
Drake Circus is the largest shopping complex for Plymouth and has retail and food outlets over three floors. I do feel that this facility could benefit from having some bigger named brands in there but for what it is, you can find most of what you need. Clothes, books, food, toiletries, eateries, jewellers, foot wear or just coffees, you can find all here as well as the added benefit of onsite parking.
Mutley and North Hill have a younger / student vibe with lots of bars and coffee shops to suit all wallets with the addition of one of the city’s newest attractions – The Box. This is Plymouth’s biggest art gallery and cultural centre, which is now home to thousands of fascinating objects from all around the world and includes many local exhibits spotlighting Plymouth’s heritage and achievements. Plymouth prides itself on its arts and culture and regularly hosts many exhibitions and events throughout the year. This is the second time I have mentioned The Box, but I still have no favourites or prejudices for places to go or things to do in Plymouth.
It is around this time of year that Plymouth sets up the Christmas Market on the city centres piazza. Plymouth Christmas Market will run from 30th November to 17th December this year and will be sure to have lots of festive treats on offer. The last Christmassy thing is the panto, oh no it’s not, oh yes, it is! Every year it keeps audiences enthralled right through to the new year, but not many people realise that there is usually another panto / Christmas show at the Barbican Theatre or you might want to go to one of the many other Christmas shows that are put on by local am-dram societies.
This year Cross Keys Estates are proudly sponsoring Zak the Zombie and the Christmas Repair Shop, a production by the very talented Theatre of Boom. I can’t wait to see this as some of my closest friends have not only written it but also taken starring roles in the performances and before you say anything, YES, I am being a little bias, but what else do you expect when you come to realise just what a friendly and sociable lot of people Plymothians truly are.
I hope you have all enjoyed reading this and look forward to writing part 3 for you.
Take care everyone and have a very Merry Christmas.
Hello again folks and welcome to autumn. Did you know that according to researchers, autumn is the least liked season of the year, colour goes from the garden, days get shorter, wetter and the temperature goes down. Well, the current housing market is just the same as autumn, it gets harder to get good photographs of properties due to the changing weather conditions, any vacant properties that do not have electricity on have reduced hours to view them due to the darker evening creeping in, and the prices, like the temperature, are going down.
I have been keeping a close eye on the available properties either already on the market or the new ones that are coming to the market over the last six weeks, it seems to me that there is a clear downward trend in the prices that the properties are coming on at but what is more concerning is the number of properties that other agents are having to do “Price Reductions” on. Some agents that are so proud of having hundreds of properties on their website are now having to slash the prices of their available stock.
Could this be because they over valued in the first place, probably. When choosing an agent to sell your property, remember that if an agent has more that 100 properties on its own website, then it obviously cannot be selling many at all. If an agent claims to have multiple offices selling your property for you, if it is a corporate agent, why would the lead office allow another office to claim a selling fee? I used to work for a corporate and this was never allowed to happen, as the offices are all in competition with each other but they still use this tactic to try and win your business.
When you see the properties appearing at the top of Rightmove listings, look carefully to see if it is actually a new listing or whether it has had a price reduction instead. The reason I say this is more than 50% of the top properties on Rightmove searches that I have done in recent weeks have all been price reductions and not new properties coming to the market.
When reading this blog, you may think it is coming across as negative, I would disagree. The market will always change, sometimes daily, but one thing remains the same and that is experience. An experience, and dare I say, a qualified estate agent will be used to these changing times and will be able to advise you accordingly to suit both your expectations and the reality of selling in a downward facing market.
This week, Cross Keys Estates had two enquiries from potential vendors both with differing needs. One family that did not live in Plymouth but had an older relation based in Ivybridge that needed to move into an assisted living property, as she was about to come out of hospital and her own property would no longer be suitable. We attended the property to value it, spoke in great detail on the phone and came up with a bespoke marketing plan. The property was placed on the market and enquiries came in straight away, a viewing was carried out within 24 hours of the property going live which led to the property being sold immediately towards the top of the guide price, meaning that the assisted living property was able to be secured for them.
The other vendor had been on the market with another (corporate) agent and tried their “Modern Auction” experience, they had tight timescale needs as they are moving abroad and had a date set for this move. The auction was a complete failure and didn’t generate nearly enough interest needed to gain offers on the property. A good neighbour of theirs recommended that they come to see us for a much more traditional and proven way to sell their house, after they popped in to our office and talked everything through in detail, we came up with a marketing plan, placed the property on the market and sold it within 5 days of the initial meeting in the office and at a price that exceeded the original agreed bottom line price.
There is a simple truth to this blog, if you have a need to sell your property, you also need to see a fully qualified and time served experienced agent. As the property market gets tougher, this experience will be what get you the results that you need. If you are unsure about which agent to choose, look them up on www.allagents.co.uk or if you want to be a bit more thorough, you could also look them up via PropertyMark to see if they are qualified, you can put your postcode in to their website and this will tell you if an agent is qualified or not.
In this day of scam artist and rogue traders, you could also try Companies House to see if the company that you are thinking of using is legitimate or not, you might be surprised at what information you can find on this website. When all is said and done, you cannot beat a good referral from someone who has been or is in the same situation as yourself and has been through the entire process.
I would also like to point out that as it stands with the current interest rate, properties that are currently on the market for prices over £300,000, are being affected by the higher cost of borrowing. If buyers are putting down a 10% deposit on £300,000 (£30,000), for a 2-year fixed rate 25-year term mortgage, the cost of borrowing £270,000 is now roughly at £1,500 per month. I got these figures from Compare the Market website. I am also sure that we will see more interest rate rises before Christmas which will push the property market prices down further.
The last thing that I wanted to point out is this, if you are selling and buying on in the same market conditions then your sales price is always going to be relative to your purchase price. In other words, if you are having to sell for a few thousand pounds less than you could have got a year ago, it does not matter, as the property that you are buying will also be a few thousand pounds cheaper as well.
Please feel free to call me, pop in to our office, or email me with any questions you may have or any advice that you may need with regards to your property buying or selling journey, as I am always only to happy to help.
