May 2019 Market Comment
The pressure for a decisive Brexit result has clearly provided the country with a sigh of relief and a bit of breathing space – finally. Most people now realise that life goes on and whatever the eventual result, if there…
The pressure for a decisive Brexit result has clearly provided the country with a sigh of relief and a bit of breathing space – finally. Most people now realise that life goes on and whatever the eventual result, if there…
Sensation sells! The press is having a field day with all sorts of Brexit-related headlines and claims about how the current state of confusion is negatively impacting on the housing market. The reality is that latest figures published by respected…
It’s a funny old thing, the British housing market. Just when you might expect the political uncertainty prompted by the “B” word to dull the market further, it leaps! That’s the way things look from where we’re standing anyway! Not…
The media would have us believe that the property market is nursing a New Year’s party hangover. Certainly the issues that influenced the market during 2018 remain, such as Brexit-related confusion, lack of supply and affordability problems for first time…
As we approach the end of the year we find ourselves in politically turbulent times, with the Brexit debate continuing to undermine confidence, but only slightly. Certainly there are some scary concepts being tabled, not least the Governor of the…
From a property perspective, it would appear that the latest budget will not be enough to light November’s fireworks. Nevertheless, overall, it did hint at a surprisingly stable economy, with improved growth prospects and an apparent end to the tighter…
Philip Hammond, Chancellor of the Exchequer has announced the removal of SDLT (Stamp Duty) on all sales to first time buyers under £300,000 in his autumn statement. This is clearly great news for first time buyers, especially those paying the…
“So, folks as we move from a scorchio summer to a cooler autumn, will the property market return to normal?” What’s normal? Definitely, there will be an increase in the number of transactions over last year and that’s not bad…
The Bank of England’s Monetary Policy Committee has just announced a rise in the Bank of England base rate of 0.25% - only the second increase increase in over a decade. Whilst the 0.75% base rate is now the highest…
The heat is on! Or rather, it has been for the past few months of the glorious summer we have been enjoying. But is the heat on, or off the property market? Here at Lock & Key independent estate agents…