The Market - January 2017

Date Published 03 February 2017

JANUARY 2017

Here's our brief view on the property market to date:

Even after just a couple of weeks trading so far this year, it's been a steady start with a number of sales agreed, although so far very few new properties have come to the market.

From looking at the web portals, we can see that sales are being agreed fairly frequently with the noticeably 'hot' part of the market being between in the lower price ranges for the area at between £200,000-£400,000.

So far, potential buyers that we are registering are optimistic about the year ahead in terms of the wider economy and the likelihood that money will remain historically cheap to borrow, at least for the time being.

Speaking to surveyors, solicitors and mortgage brokers they also appear cautiously upbeat and are reporting average amounts of new business for January. We look forward to an exciting year ahead and would love to help you move on to your next property. Please do call if we can be of assistance.