Property & Business - Winter 2020

jhwalter.co.uk/property 07 PROPERTY | BUSINESS | PLANNING | ENERGY So, how do we value a property in these uncertain times I hear you ask? Initially, I must admit, it was a challenge. Without a crystal ball nobody could predict the effect the virus would have on the property market, plus we had the issues of ensuring the safety of all concerned whilst carrying out inspections of homes. We realised very quickly that, to be able to value and give best advice to our clients, we did not need to keep abreast of the market, we needed to keep one step ahead of it. We collaborated with fellow property professionals in Lincolnshire with regular conversations and hosted ‘Zoom’ meetings to stay connected with agents, surveyors, lawyers and mortgage lenders to enable us to monitor local activity and anticipate any small changes our own market region. I must say that from day one (post lockdown), the market has been extremely strong with many sellers achieving asking prices or above and buyers getting the exceptional value for money that Lincolnshire offers. Autumn blue skies over the Lincolnshire Wolds looking towards Caistor Old track that once served the Nettleton Mines, Lincolnshire Wolds Realising the value of proper ty in Lincolnshire Since lockdown restrictions were eased, Valuation and Survey at JHWalter has seen its busiest period ever recorded. Who would have thought it? In these times of huge uncertainty, in all aspects of all our lives, why is the property market booming? You can turn on any TV or radio channel and listen to the doom and gloom of commentators who talk of price crashes and mortgage lenders being ultra-cautious tightening their lending criteria. But I must admit that I am a cup-half-full sort of a girl! Why? Because, what is there not to like about Lincolnshire? Lovely countryside, open spaces, gardens; all the things that are currently high on the wish lists of buyers; and affordable prices too. Leslie-Anne Milson MRICS Chartered Surveyor e lesliemilson@jhwalter.co.uk t 01522 504306

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