As we wave goodbye to Summer, the kids are back at school and we are getting back into our daily routines, this is the time of year when many people consider their property options. But what kind of shape is the market currently in?
The property market has experienced some significant challenges over the last year...New stamp duty legislation introduced at the beginning of April led to a
stampede of investment buyers looking to secure purchases before the new rules of an extra 3% on top of the existing tax kicked in. Then the market was shaken again when the UK voted to leave the European Union in June which led to some understandable uncertainty.
Our latest results have revealed though that it is reassuringly business as usual within our sales teams and record low interest rates together with an ongoing increase in rental incomes and demand means that business is booming in all of our Lettings departments.
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