‘Stunning’ first month in business for new property agency Michael Adey

Michael Adey

North Devon property expert Michael Adey has enjoyed a stunning first month in business since he set up his own agency in the late summer.

Having officially launched Michael Adey Property in early September, the former residential manager at the South Molton office of one of the largest regional firms has benefitted from a thriving property market during the early stages of his new venture.

With nine new instructions since the start of September, Michael has already seen six sales agreed on properties in South Molton, Chittlehampton and Umberleigh.

He comments: “It’s been an amazing start and I’ve been overwhelmed with the support so far. I just wanted to say thank you to those that have and are coming my way. It’s much appreciated and I wouldn’t have a business without your support.

“It’s a great foundation to start from and it will help me introduce many new ideas to the business, so the presentation of my portfolio clients’ properties is its absolute best.”

Michael who was born and raised in North Devon and lives in Umberleigh with his wife Rebecca and three-year-old son James, said the coronavirus pandemic and the resulting stamp duty holiday had sparked a surge in the local property market, including for residents looking to relocate to North Devon.

He comments: “There’s no doubt that more people are looking to move to this area, as home working becomes the norm rather than the exception and people look for a better lifestyle.

“However the stamp duty holiday – no tax on the first £500,000 of a purchase until the end of March next year – has also kick-started a massive surge in people taking the opportunity to move house.

“So anyone who is looking to upgrade their family home, or indeed downsize, is finding that now is an excellent time to do so.”