Thursday, 17 August 2017

International property agents sponsor top eventing festival

PREMIER residential agent Hamptons International, which prides itself on offering expert advice on equestrian properties, is sponsoring this weekend’s Festival

PREMIER residential agent Hamptons International, which prides itself on offering expert advice on equestrian properties, is sponsoring this weekend’s Festival of British Eventing at Gatcombe Park for the 10th consecutive year.

The event, which takes place in the surroundings of Gatcombe Park — the private country home of Princess Anne and her family — starts today (Friday) and continues until Sunday.

The festival is renowned for hosting the world’s best horses and riders competing at the highest level and includes a combination of dressage, showjumping and cross country.

This year, Hamptons will be be working with top British event rider Harry Meade who will lead a cross country course walk for Hamptons International’s clients and be on hand at the Hamptons stand over the course of the weekend to answer any specific equestrian queries.

The business will also be organising a raffle to win a riding lesson with Harry over the weekend in aid of its corporate charity, Cancer Research UK.

Andrew Marshall, regional sales director at Hamptons International, said: “We’re absolutely thrilled to be sponsoring the Festival of British Eventing for the 10th consecutive year and to be working with one of Britain’s most promising riders, Harry Meade.

“We’ll be showcasing a selection of fantastic equestrian homes both for sale and rent and will have experts on hand to answer all property queries.

“Gatcombe is a particularly special event for us due to the quality of top class eventing and the wonderful atmosphere over the three days. Due to the range of stalls and activities it really is a true family day out.”

Harry Meade, British event rider added: “Searching for the perfect equestrian home for both you and your horses can often be a time consuming process. It really is important to choose an estate agent with expert knowledge in a range of different disciplines.

“I’m delighted to be working with Hamptons International, who are an authority on equestrian property in both the Cotswolds and across the South of the UK.”

Hamptons International will have a full hospitality unit at the event and will offer activities and entertainment for children, leaving adults free to take advantage of expert advice on the current property market and look at a selection of properties currently available for sale and let.

For further information about Hamptons International’s presence at the festival, please visit your local Hamptons International branch or visit www. hamptons.co.uk

Equestrian properties are many and varied, but they all have one simple defining feature — sufficient land to keep a horse.

Experts recommend at least 1.4 acres of paddock space per animal. But that leaves a huge amount of scope for the size and type of property included in this market. Equestrian properties can range from a modest family home with a small paddock attached, to a complete equestrian estate and livery business. And there are opportunities to let facilities, which can provide investment opportunities, although the market is quite small.

There are around 900,000 privately owned horses and 451,000 horse owners in Britain according to the British Equestrian Trade Association. If you include the professional sector this brings the figure up to just below one million.

Around 30 per cent of horses are in livery, so not every owner will live in an equestrian property, but rough estimates suggest that there could be in the region of 200,000 existing private equestrian properties in the UK.

While there are overlaps between the equestrian market and the wider country house and rural properties market, the specialist requirements for keeping horses sets the former apart. The largest difference is the amount of land. Hamptons International research shows that the acreage of equestrian properties sold in 2012 was almost three times more than for rural country homes and almost four times more than in the market for country homes.

The size of accommodation also differs. Country homes sold in 2012 were 2,500 square feet on average, but rural and equestrian homes were about one-and-a-half times as big.

Surrey, West Sussex and Hampshire are the most popular counties for equestrian property.

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