Channel Eye
Channel Eye Carers
  • Business
    • Appointments
    • Data Protection
    • Digital & Technology
    • Environment
    • Features
    • Financial Services
    • Interviews & Profiles
    • Leadership
    • Legal & Professional Services
    • People
    • Property
    • Retail & Hospitality
    • Transport
    • Wellbeing at Work
  • Careers
  • Events
    • Events in Jersey
    • Events in Guernsey
    • Events in Isle of Man
    • Events in Alderney & Sark
    • Virtual events
    • All events
    • Past Events
  • Lifestyle
    • Arts & Culture
    • Charity & Community
    • Education
    • Food & Drink
    • Health & Wellbeing
    • Home
    • Leisure
    • Travel
  • Location
    • Jersey
    • Guernsey
    • Isle of Man
    • Alderney & Sark
  • Advertise
  • Subscribe
No Result
View All Result
Channel Eye
No Result
View All Result
Channel Eye Carers
Home Location Guernsey

Guernsey property market – the new, new year

May 13, 2020
in Guernsey
Share on LinkedInTwitterFacebookEmail

Since the easing of lockdown allowed viewing, valuations and the completion of property transactions, Guernsey Estate agency  Cooper Brouard claim that the property market has got off to a flying start.

They say that, in spite of concerns to the contrary, prices have held with the majority of sales going through at, or very near to, asking price.

Cathy Gallienne, Director at Cooper Brouard comments: “We are finding it on a par with the uplift in sales that we normally see in the New Year. Since being permitted to go back in a limited capacity we have had several sales, both open and local, going through court; over 20 local market and rental properties under offer or let agreed; and a high volume of open market enquires with several viewings and video viewings set up. However, those figures keep increasing, with another two properties under offer this morning, that‘s how fast things are moving.”

Cathy also cites the prices that properties are achieving as hugely positive: “There has been some commentary predicting that prices would fall but we haven’t seen any indication of that at all with all of our sales and offers hitting on or close to their asking prices and I think that’s a very positive sign for the economy as a whole.” She continues “Guernsey people are not going to let this situation interrupt their lives for any longer than they have to. They responded brilliantly to lockdown and they are now responding just as well to easing out of it and getting the economy back on track. People understand and are happy to abide by the regulations for viewings, mortgage companies have adapted, the court and advocates are working well with Powers of Attorney in place and we are seeing no real difference in completion times.”

Cooper Brouard’s observations have been echoed by those in the mortgage industry, with SPF Private Clients Managing Director, Pierre Blampied, reporting that over 40 valuations were instructed in the first week lockdown was eased.

He says: “We have a steady stream of applications coming in and certainly haven’t seen a drop in activity. Lenders that had put business on hold are back in the market and one lender has reduced its interest rates, therefore making it more beneficial to borrowers. It does still take a little longer to process the paperwork but as Cathy says, people appreciate that we are all working together and are being patient and understanding.”

 

ShareTweetShareSend

Channel Eye Media

Related Stories

UBS Global Wealth Management hosts successful volunteering day at Acorn
Charity & Community

UBS Global Wealth Management hosts successful volunteering day at Acorn

June 24, 2025
The Guernsey Institute’s charity, EnrichED, receives generous corporate donation
Charity & Community

The Guernsey Institute’s charity, EnrichED, receives generous corporate donation

June 24, 2025
Walkers team in Jersey welcomes new Investment Funds and Corporate partner
Appointments

Walkers team in Jersey welcomes new Investment Funds and Corporate partner

June 24, 2025
Next Post

Aztec Group announces senior real assets appointment in Jersey

Skipton International
Channel Eye subscribe
  • Channel Eye
  • Channel Eye Careers
  • Channel Eye Careers
  • List your event
  • Channel Eye Careers
  • Channel Eye
  • Channel Eye Careers

Be the first to know​

Subscribe to the essential islands business news, direct to your inbox every morning​
JT Jersey Telecom event
  • Business
  • Careers
  • Events
  • Lifestyle
  • Subscribe
  • Advertise
  • Privacy Policy
  • Contact

©2025 Channel Eye Limited.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Business
    • Appointments
    • Data Protection
    • Digital & Technology
    • Environment
    • Features
    • Financial Services
    • Interviews & Profiles
    • Leadership
    • Legal & Professional Services
    • People
    • Property
    • Retail & Hospitality
    • Transport
    • Wellbeing at Work
  • Careers
  • Events
    • Events in Jersey
    • Events in Guernsey
    • Events in Isle of Man
    • Events in Alderney & Sark
    • Virtual events
    • All Events
    • Past Events
  • Lifestyle
    • Arts & Culture
    • Charity & Community
    • Education
    • Food & Drink
    • Health & Wellbeing
    • Home
    • Leisure
    • Travel
  • Location
    • Jersey
    • Guernsey
    • Isle of Man
    • Alderney & Sark
  • Advertise
  • Subscribe
  • Contact

©2025 Channel Eye Limited.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.