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Speaker 1: A little bit of chatter around churches at the moment

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Speaker 1: in the old property market. When churches old churches come

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Speaker 1: up for sale, they are hot property. No penintender, but

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Speaker 1: there are surely they're officials, are there? One roof for editor.

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Speaker 1: Owen Vaughan is with us on all of this. Owen,

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Speaker 1: morning to you, Barnie. There's a couple of things I

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Speaker 1: would think as a property enthusiast myself. One is a

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Speaker 1: church versus something that has been converted and was once

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Speaker 1: a church but is now at home. They're two completely

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Speaker 1: different things, aren't.

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Speaker 2: They Yeah, they're they're They're completely different things than notebooks.

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Speaker 2: The ones that are renovated and converted. Obviously, if you're

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Speaker 2: buying one of those, you've got one that's already ready made.

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Speaker 2: If you're buying a church that has not been converted,

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Speaker 2: you're going to be fatting well a very kind of

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Speaker 2: testing time trying to get that renovation through, that conversion through.

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Speaker 1: So there are rules and regulations around conversion or not.

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Speaker 1: Is it just like any old building as long as

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Speaker 1: you do it right, you do it right.

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Speaker 2: Well, it depends on what you're buying. Most of these

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Speaker 2: buildings that are for sale, they are being deconsecrated, but uh,

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Speaker 2: you're talking about old buildings. They're you know, got their

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Speaker 2: own peculiarities. And I think, look, if you're if you

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Speaker 2: think renovating a living space or a kitchen or a bathroom,

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Speaker 2: that's challenging. Try doing that to need their big cavernous spaces.

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Speaker 2: So you you've got to have a lot of faith

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Speaker 2: when you take on these projects.

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Speaker 1: Do these I mean obviously they tracked for people like

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Speaker 1: you at one roof, they'll attract a lot of attention

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Speaker 1: because they're quirky. Are they a real prospect for some people?

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Speaker 1: In other words, is there an actual market?

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Speaker 2: Then yeah, Look they're they're they're quite popular. I mean, look,

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Speaker 2: they're a bit like marmite. I mean some people think

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Speaker 2: they're hiddenly, some people think they're a bit creepy. But

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Speaker 2: for those who love them, and there are there are

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Speaker 2: plenty of people out there they love living them. There's

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Speaker 2: people out there that can put them on Airbnb, and

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Speaker 2: they're they're very popular. So the idea of living in

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Speaker 2: a place that used to be an altar or somewhere

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Speaker 2: where there's stained glass windows and a sense of reverence

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Speaker 2: around it, that there's there's always going to be a

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Speaker 2: market for that in terms of the people who buy them. Look,

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Speaker 2: we've seen former all blacks buy churches and convert them.

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Speaker 2: There's Xavier Rush in Wales bot one and a couple

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Speaker 2: of years ago he sold it for just under a

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Speaker 2: million pounds, so there is a there is a market there.

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Speaker 2: And just last month we had an Aussie buyer who

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Speaker 2: came into uh Gore and was desperate to buy a

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Speaker 2: church that had been on the market and he'd lost

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Speaker 2: out six months previously, So there is demand there.

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Speaker 1: Fantastic. I'm reading this morning in Monroo. By the way,

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Speaker 1: first time buysa back and what will not. They're increasing

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Speaker 1: this year and also investors a rap as well, so

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Speaker 1: we sing the market move here or not.

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Speaker 2: Yeah. Look, there's certainly a little bit more interest in

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Speaker 2: the market. Obviously interest rates tumbling. That's been a help.

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Speaker 2: But there's still a sense that prices are contained. I

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Speaker 2: know if you look at the auction results. While there's

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Speaker 2: a lot of people bidding and the number of bidders

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Speaker 2: are up well up on six months ago, the prices

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Speaker 2: are still restrained levels.

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Speaker 1: Good stuff on us to talk to you appreciate it

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Speaker 1: very much. Go well, Owen vorn One, roof editor, with

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Speaker 1: us this morning.

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