Myddelton & Major

A Message from Lord Pickles and Lord Blunkett, followed by Myddelton & Major's best practice article

The ability to listen and learn from one another has always been vital in parliament, in business and in most aspects of daily life. But at this particular moment in time, as national and global events continue to reiterate, it is uncommonly crucial that we forge new channels of communication and reinforce existing ones. The following article from Myddelton & Major is an attempt to do just that. We would welcome your thoughts on this or any other Parliamentary Review article.

Blunkett signature The Rt Hon Lord David Blunkett, MP
Pickles signature The Rt Hon Lord Eric Pickles, MP
19MYDDELTON & MAJOR |
BEST PRACTICE REPRESENTATIVE 2019
David Smith, Senior Partner
Our Salisbury office,
close to the cathedral
David Smith is senior partner at Myddelton & Major’s
Andover office, although the firm are better known and
have primarily existed in Salisbury for over 100 years. The
firm deliver property consultancy services across both residential
and commercial sectors, with a particular focus on sales,
lettings, and property management. Their expertise extends
to both commercial and residential development sectors, and
they provide these services to a wide range of corporate and
private clients. David discusses the Myddelton & Major journey,
and tells
The Parliamentary Review
more about their drive
todiversify.
At Myddelton & Major, we are the property all-rounders – the only sector we are
not actively involved in is agriculture but our farming clients recognise our advice
with regards to the conversion of farm buildings and development opportunities on
their estates.
We run friendly offices and want everyone at the firm to enjoy and engage with
their work. We have 30 staff across our two main offices – Andover and Salisbury –
and a commercial management office in Westbury.
An outward-looking local firm
Myddelton & Major first opened their doors in Salisbury in 1903, trading more in
the residential than the commercial sector. The original incarnation established
their niche as being a Salisbury-specific city-centre firm, focusing on the beautiful,
FACTS ABOUT
MYDDELTON & MAJOR
»Senior Partner: David Smith
»Managing Partner: Philip
Holford
»Established in 1903
»Based in Salisbury, Andover
and Westbury
»Services: Residential and
commercial property
consultancy
»No. of employees: 30
»EGI winners in 2018
Myddelton & Major
THE PARLIAMENTARY REVIEW
Highlighting best practice
20 | MYDDELTON & MAJOR
historic properties that now make up
the area known as The Close around
the cathedral.
Our local knowledge has always been
a point of real strength, and this is
just as much the case in Andover as it
is Salisbury. A significant proportion
of staff across both teams have
grown up within the city itself or on
its outskirts. This creates, firstly, a
real love for the place in which they
work, and secondly, a wonderful base
of knowledge. Both of these traits
permeate into the work they do and
inform the decisions they make.
That intimate understanding of the
local area is of paramount importance,
but we try to remain outward-facing
in all the work we do. We’re not, for
instance, afraid of taking on somebody
who has worked primarily in London,
as we believe that sharing knowledge
and expertise is an essential priority in
today’s modern world. We’re small,
and our key strength is undoubtedly
how well we know our patch, but we
recognise just how important it is to
keep moving forward and developing
all areas of the business.
A younger sector
The housing sector has changed
dramatically over the last few years,
as has the way it operates. Specialist
firms like us, alongside larger
organisations like Savills and Knight
Frank, are coming under threat
from the online-only players. The
younger generation is emerging, and
emerging fast, but we believe that
people and communication make the
difference in delivering successful
property transactions. People still like
to speak to an agent.
The generation of new, website-based
companies are very IT aware, and we
are seeking to emulate those levels
of IT standards. You can’t automate
expertise. We know that there are
more competitors than ever, but we
think that businesses like ours will
always have a market and a customer
base – service standards will remain
important going forward.
We have been adapting our business
practices to cope with such a
dynamic marketplace. We are also
encouraging our staff to use the
traditional methods of communication
to build client relationships. This
thereby ensures a more personal
service – which has proven to be most
successful. The sector is changing, and
we anticipate that good, productive
relationships will be more important
for our future prosperity than ever.
Salisbury
The events that transpired in Salisbury
on March 4 last year were disruptive,
in particular for the retail sector in the
city centre.
Managing Partner Philip Holford, based
in Salisbury, believes that those who
know the city appear to have been
reasonably unfazed by it – with regard
to property – and have continued to
buy and sell. This seems to be the
Solstice Park, just off the
A303
At Myddelton
& Major, we
are the
property all-
rounders
21MYDDELTON & MAJOR |
BEST PRACTICE REPRESENTATIVE 2019
attitude across both the commercial
and residential sectors; people are
taking on industrial units, and business
is continuing as it was prior, with
large-scale city centre residential
developments still being constructed.
External expenditure and investment
is still necessary. That said, however,
the prospect of a new shopping
development in The Maltings, by TH
Real Estate and Janus Henderson,
does give considerable uplift to those
wanting to invest further in Salisbury.
This is excellent – it shows a kind of
silent resilience and solidarity from the
people of this great and historic city.
The market – on a national
stage
Undoubtedly, the market has slowed
down in the last two years – parts of
London have been grinding to a halt,
and prices have been falling. There has
not been enough overseas investment,
and we all know why – the lack of
clarity and guidance from central
government regarding the referendum
decision since June 23, 2016, has left
everybody in limbosomewhat.
That said, while the capital has
suffered the financial brunt of Brexit,
both Salisbury and Andover remain
strong. We have seen positive
residential sales – country houses and
cottages in good locations, such as
Stockbridge in the Test Valley – and
while inner-city properties are not
quite as hot, the local markets remain
strong. Commercially, Andover itself
has seen a real vote of confidence
in Rich Food Products, an American
company, purchasing 15 acres of land
on The Andover Business Park. This
was for a new food production factory
which has recently been completed.
In our region, we have seen other
successful transactions, such as Birchall
Tea relocating their warehouse from
London into a 30,000-square foot
unit at Solstice Park, just off the A303.
This move, Philip Holford believes,
is a significant endorsement of the
business location on the A303. We
are still very much seeing business
and investment continuing as usual –
time will only tell whether this will be
reflected on a national level.
More than a century of
resilience and prosperity
I think that our future is stable and
secure. We celebrated our 115th
anniversary last year, and while there
will undoubtedly be some adversity
ahead – both regionally, nationally and
internationally – our firm has stood the
test of time before. I have no doubt
that it will do so again.
We believe there is more success on
the horizon. We offer essential qualities
which have proven themselves to be
invaluable for the long term, and our
service and advice continues to be of
the highest quality. I believe that if
you enjoy your job, continue to work
hard and satisfy clients, your business
will prosper and thrive – it really is
as simple as that. We care about
property. We care aboutpeople.
We care about
property. We
care about
people
Philip Holford, Managing
Partner
The River Test, the world-
famous trout fishing river
close to Stockbridge

The Parliamentary Review Publication, in which this article originally appeared, contained the following foreword from the prime minister.

The Rt Hon Theresa May MP's Foreword For The Parliamentary Review

By The Rt Hon Theresa May MP

British politics provides ample material for analysis in the pages of The Parliamentary Review. For Her Majesty’s Government, our task in the year ahead is clear: to achieve the best Brexit deal for Britain and to carry on our work to build a more prosperous and united country – one that truly works for everyone. 

The right Brexit deal will not be sufficient on its own to secure a more prosperous future for Britain. We also need to ensure that our economy is ready for what tomorrow will bring. Our Modern Industrial Strategy is our plan to do that. It means Government stepping up to secure the foundations of our productivity: providing an education system that delivers the skills our economy needs, improving school standards and transforming technical education; delivering infrastructure for growth; ensuring people have the homes they need in the places they want to live. It is all about taking action for the long-term that will pay dividends in the future.

But it also goes beyond that. Government, the private sector and academia working together as strategic partners achieve far more than we could separately. That is why we have set an ambitious goal of lifting UK public and private research and development investment to 2.4 per cent of GDP by 2027. It is why we are developing four Grand Challenges, the big drivers of social and economic change in the world today: harnessing artificial intelligence and the data revolution; leading in changes to the future of mobility; meeting the challenges of our ageing society; and driving ahead the revolution in clean growth. By focusing our efforts on making the most of these areas of enormous potential, we can develop new exports, grow new industries and create more good jobs in every part of our country.

Years of hard work and sacrifice from the British people have got our deficit down by over three quarters. We are building on this success by taking a balanced approach to public spending. We are continuing to deal with our debts, so that our economy can remain strong and we can protect people’s jobs, and at the same time we are investing in vital public services, like our NHS. We have set out plans to increase NHS funding annually by an average by 3.4 percent in real terms: that is £394 million a week more. In return, the NHS will produce a ten-year plan, led by doctors and nurses, to eliminate waste and improve patient care.

I believe that Britain can look to the future with confidence. We are leaving the EU and setting a new course for prosperity as a global trading nation. We have a Modern Industrial Strategy that is strengthening the foundations of our economy and helping us to seize the opportunities of the future. We are investing in the public services we all rely on and helping them to grow and improve. Building on our country’s great strengths – our world-class universities and researchers, our excellent services sector, our cutting edge manufacturers, our vibrant creative industries, our dedicated public servants – we can look towards a new decade that is ripe with possibility. The government I lead is doing all it can to make that brighter future a reality for everyone in our country. 

British politics provides ample material for analysis in the pages of The Parliamentary Review 



The Rt Hon Theresa May MP
Prime Minister