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January 2018 – NEW YEAR NEW CHALLENGES

A happy and prosperous new year to all and a positive and busy start it has been Looking back on 2017, we saw continued buoyancy from businesses in the Midlands, and a better performance than expected from the UK economy as a whole. What do we see on the horizon for 2018? Heading into 2017, […]

November 2017 – PRE CHRISTMAS BUZZ IN THE COMMERCIAL PROPERTY MARKET

On the national stage and following the increase in the Bank of England’s base rate the quarterly report shows Construction output growth had eased with uncertainty about economic prospects was reported to be slowing decision‑making around building projects. Within the sector, housebuilding was showing the strongest growth. A survey pointed to continued modest growth in […]

October 2017 – NORTH WORCESTERSHIRE AND THE BLACK COUNTRY CONTINUES TO IMPROVE

North Worcestershire and the Black Country seem to be going from strength to strength. With political uncertainty, Brexit and the potential small rise in interest rates announced by the Bank of England’s Monetary Policy Unit, it is unsure why this is the case. Is it that the economy of our region and the powerhouse of […]

September 2017 – POLITICAL UNCERTAINTY AND THE PROPERTY MARKET

It has been a legal requirement for some years to have an EPC (Energy Performance Certificate) on commercial property to be let or sold. The law is changing and owners and occupiers should be aware of the consequences, this will be known as Minimum Energy Efficiency Standards (MEES). Minimum Energy Efficiency Standards (MEES) represent one […]

August 2017 – POLITICAL UNCERTAINTY CONTRADICTS THE REAL MARKET

 The 2nd Quarter UK Commercial Property Market Survey, to which we contribute, shows a mixed message with Worcestershire and Wyre Forest seeming to buck the overall mood in the south-east of markets slowing considerably and sentiment for negative growth. We are witnessing a good level of interest in freehold properties in the good locations with […]

July 2017 – SHORTAGE OF LAND & PROPERTY A CONCERN

The supply of land to the market in last quarter is down 42% compared to the first quarter of 2016, and down 38% compared to the long-term average. Demand for land remains robust – especially from investors looking for more than a ‘safe’ investment in uncertain times – and this together with a diminishing supply, […]

May 2017 – COMMERCIAL PROPERTY ACTIVITY IMPROVES

Walton & Hipkiss, established in 1929 is proud of its long family history, with many people remembering our offices in Coventry Street and Bridge Street, Kidderminster around the 1950’s. Walton and Hipkiss are still successfully selling and letting homes, commercial property and land in and around the Wyre Forest and West Midlands regions. Now well […]

March 2017 – GOOD SENTIMENT AS WE APPROACH THE SPRING

With the continued uncertainty about the Brexit process and the Donald Trump Presidency, the outlook for the UK commercial property investment market over the next three to six months should remain unsettled, although depending on the level of uncertainty and the markets’ reactions, this could quickly return to fair / good. The sentiment at present […]

February 2017 – INTERESTING & POSITIVE YEAR AHEAD

A happy new year to all filled with a feeling of eager anticipation for an interesting and exciting year ahead. On the world stage a new President in the US, in Europe we start the road of Brexit and within the UK a stronger economy heightened commercial activity and a lack of supply of good […]

November 2016 – A GOOD END TO THE YEAR – WHAT’S IN STORE FOR 2017?

As we prepare for Christmas and recovering from the shock result in the US time to look back at the year and to look forward to what we will all face in 2017 This year has been a story of good, bad, good, bad and all well at the end of the year – market […]

September 2016 – MARKET CONTINUES TO HOLD UP NOW SUMMER COMES TO AN END

Despite some commentators of gloom and doom the commercial and residential property markets continue to hold up. There are challenges in speed of transactions and supply of properties but sales and lettings continue well. We are seeing much of the available stock of commercial property going under offer both for sale and to let. We […]

August 2016 – KIDDERMINSTER OFFICE

This office covers a surrounding area of: Kidderminster, Stourport-on-seven, Bewdley, Hartlebury and other areas Contact Details 55 Oxford Street, Kidderminster. DY10 1BJ Telephone: 01562 519777 Email – koffice@waltonandhipkiss.co.uk Google Street View images Facebook Walton and Hipkiss update Kidderminster Facebook page before property is displayed on Rightmove and onthemarket.com to give customers who follow us on […]

August 2016 – ONWARDS AND UPWARDS

We are told Britain’s vote to leave the European Union has undermined confidence among U.K. consumers and increased worries about their finances and property values. That’s curbing demand for housing, though a worsening supply picture is proving some support to prices, according to RICS. New sales listings are falling at a record pace, it said. This […]

July 2016 – IT’S OVER AND NOW “STEADY AS SHE GOES”

Well the waiting is over and the result is known – although maybe a surprise to some we are facing a period of uncertainty in the market ….. Or are we? Anecdotal evidence of activity in the commercial property market in the West Midlands seems to defy the national trends we are being told about. […]

June 2016 – WHEN WILL IT BE OVER

Whether you are “in” or “out” we are all affected by the upcoming referendum on our future in the European Union and the impact on the local property market in our area. Despite a promising start, investment in UK commercial property eased back during the first quarter of 2016. The latest news reveals that investment […]

May 2016 – COMMERCIAL AND LAND STOCK DWINDLES

An upbeat first quarter and after a handful of successful sales and lettings the commercial and land stock of availability has started to dwindle. With an increasing market confidence we have on a couple of occasions had “final and best” bidding where we have more than one party interested in property, especially on the freehold […]

March 2016 – MARKET STILL MOVING DESPITE EUROPE DEBATE

Following a very positive first quarter this year the commercial property market in the Black Country and Worcestershire is still holding up, we have placed a number of properties under offer and have done so in the wake of competition and a series of “final and best bids” for properties, especially well priced freeholds and […]

February 2016 – ACTIVITY IN JANUARY

In January I commented on the genuine shortage of instructions across all areas of the property market. So it is pleasing to see that the Bank of England’s Summary of business conditions, January 2016 Update, concurs. This should not be a surprise as Walton and Hipkiss are proud to be consulted by The Bank of […]

November 2015 – A CONFIDENT AND EXCITING END TO THE YEAR

An upbeat end to the year both nationally and in our own town, the third quarter UK Commercial Property Market Survey published by the RICS (Royal Institution of Chartered Surveyors) again shows a healthy rate of demand growth across both occupiers and investors, with improvement continuing all over the UK. Available supply, however, remains firmly […]

October 2015 – MORE GOOD NEWS

Another good month on the property scene in Stourbridge and North Worcestershire. The burgeoning office, warehouse and industrial markets – particularly in the freehold sq ft sector – are at risk. A lack of available commercial property this could impede further market growth in 2015. The office market is also affected, with small offices in […]

September 2015 – A GOOD SUMMER AND PROSPECTS FOR A BRIGHT AUTUMN

Well another summer is coming to an end with much activity within Stourbridge and its property markets. The housing market continues to perform well with stock levels reaching some of the lowest in the last few years and an appetite for the right product at the right price with New Homes proving in hot demand […]

July 2015 – THE CHANGING FACE OF STOURBRIDGE

Following much activity in Stourbidge Town Centre with the new Hotel and Brewers Fayre, extensions to King Edwards College, new Macdonald’s, KFC and the Crown Centre there is more potential development in Stourbridge. The former Savoy Cinema (previously Scala) together with substantial site in Crown Lane has come to the market with major potential for […]

June 2015 – STRONG PERFORMANCE FOLLOWING GENERAL ELECTION

Another positive month with increased activity across the board but again a preference for freehold property correctly priced in the right locations. This month Walton and Hipkiss have agreed 5 significant sales in both land and commercial property and are seeing the main Banks’ lending albeit under highly specific and risk based analysis – the […]

May 2015 – CONFIDENCE RETURNS

Well the election has been and gone and a clear result with a majority Government now finding its feet and policy announcements starting to appear. The stock market has rallied and the general overview from the business community is quietly confident that the market will continue to improve. We have seen the level of commercial […]

April 2015 – Election uncertainty grips

With only 3 weeks to go before the much anticipated and uncertain general election for a generation the market seems to be sluggish with decision making delayed or postponed until the result of the election is known. Although sales of commercial property are up over the last few months we have successfully now sold the […]

March 2015 – Time to look at the big picture

For nearly a decade now the market in commercial property has gone through its highs and very lows but now finally we really appear to be seeing not only strong shoots but real growth. With the most recent announcements in Birmingham we need to look at the bigger picture and the future of our town […]

February 2015 – MARKET KEEPS MOVING FORWARD

With the commercial property market moving forward and a record demand for industrial property across the region it is time to look at your property costs and overheads and consider best use of your commercial property and land assets. Could your property be converted using permitted development rights to alternative uses including residential – a […]

January 2015 – POSITIVE START TO 2015

Well another year is upon us and we have had a very busy start both from residential, commercial and land interest. A very encouraging start on the sales front with renewed vigor in the commercial enquiries and levels of viewings have been unprecedented. Is this a sign of the year to come… I think so. […]

December 2014 – Merry Christmas and a Happy New Year

To all our clients and friends have a great Christmas and a Happy , Healthy and Prosperous 2015 – thank you for all your custom and support throughout the year.

November 2014 – MARKET ACTIVITY IN THE XMAS RUN UP

Again we have been contributing to the Bank of England’s regional forecasting to the central committee and from the most recent monthly report for November concludes against the backdrop of slower global activity, UK domestic demand growth has so far remained robust, supported by easier credit conditions and past rises in confidence. Consumer spending growth […]

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