Q&A with Fothergill Wyatt

Introduce us to Fothergill Wyatt... Peter: Fothergill Wyatt opened in June to offer a professional and innovative approach to property marketing whilst providing outstanding client care. We believe this is particularly important in today’s property market, which is so much tougher than in recent years.

Too many agents disappoint by overvaluing property and under performing. People with property and land need sound, honest and realistic advice to ensure they achieve the best possible value for their assets whilst receiving the best possible support from their agent.

We cover the entire county offering estate agency, lettings, development consultancy, survey and valuation, financial/mortgage advice and conveyancing services. All of this is managed from our office on Allandale Road in Stoneygate.

Fothergill Wyatt
Why Stoneygate?

Sarah: We are in Stoneygate for a number of reasons, but fundamentally we don’t believe our clients are best served from a city centre office. Our current location makes us accessible from all over the county and our clients do not have to pay to park when they come to see us.

We encourage people to pop in for a coffee, have a chat about their property and the market, or browse through available properties on our digital marketing screen. What’s more, being in Stoneygate means we’re at the heart of a welcoming community with a great selection of shops, restaurants and cafes so we’re able to offer a relaxing and enjoyable experience to our clients. It’s a great place to work.

Is digital marketing your main focus?

Peter: Digital marketing is important but it’s not all we’re about. Our marketing is designed to be comprehensive, so we provide online, digital and quality brochure marketing for every one of our clients.

We have concentrated a lot of time and resources on being accessible online - even complete technophobes will find it easy. As well as listing all our available properties on our website (www.fothergillwyatt.com), we post them on Rightmove amongst other national property sites and we can be followed on Facebook, Twitter and our regular blog. Our interactive website means we are continually registering potential buyers.

Our office-front digital display ensures our clients always get ‘in the window’ advertising on a very popular and busy retail street. We want to make sure all our properties are presented in the best possible way at all times. That is our expertise and we have a number of services on offer to achieve it.

What sets you apart from other agencies?

Sarah: We pride ourselves on our quality of service and attention to detail. We’ve all bought, sold or rented properties in the past and we know what we’ve expected as customers and where we’ve felt let down by the agents. We want to make sure our customers have the best experience possible.

With that in mind, we’ve developed a comprehensive services plan. Our professional services department offers survey and valuation, land identification and development consultancy, and financial advice and conveyancing. We’ve also introduced a unique Homedoctor service providing home presentation advice and an interior design service, so clients can prepare their properties for viewings.

We want to get our properties sold so we do all we can to make that happen. Our Homedoctors Carley and Katie are experienced interior designers and are on hand to offer their expertise. It has proven a very popular and successful option. I think it’s because everyone appreciates a bit of home improvement and when that advice is free it’s all the more satisfying.

So, how has the property market been performing recently and how do you see the next few months?

Peter: Since 2008 where house prices and market activity experienced a significant fall, the latter part of 2009 and into 2010 has shown considerable improvement, perhaps more than many even expected at the time. Recent reports suggest that we are heading for another serious downturn but in my opinion we are not in for anything dramatic.

The great thing about the property market in Leicestershire is that there are plenty of pockets in the region that seem to buck the trend such as Stoneygate, Knighton, the east villages and Charnwood. The new build market has also returned to some strength this year. Success here will always filter through to the wider market and I believe that prices will remain fairly constant and any fall in prices should be marginal.

The good news for the property market is that economic indicators suggest that interest rates may remain low for some time to come. Whilst UK lending remains relatively low however and lending requirements become more stringent the market will look to the rental sector for support, so agents that can offer strong lettings and good support services will be crucial for sellers. The real trend to note is that we have returned to seasonal markets. It is important that, moving into the Autumn/Winter period, vendors should look to their agent to get good advice and they should know that this period presents fantastic opportunity for realistic vendors and shrewd purchasers as the fundamentals of economic and property market recovery are optimistic for the longer term.

Find out more about Fothergill Wyatt and the services they offer at www.fothergillwyatt.com where you can also read their blog, Facebook and Twitter pages,

or contact Sarah, Peter and the team on 0116 2705900, or pop into their offices at 26 Allandale Road in Stoneygate. They’ll have a cup of coffee waiting.