Quarterly Farnborough Property Market Review Q4 - 2017

Posted Dec 22nd 2017 by Andrew Warren

The market has been affected by the uncertainty that was created post-election and also with Brexit and I guess looking back at the year the property market has suffered from a general lack of supply.

We encourage those that actually are homeowners that want to sell, to come to the market reassuring them that by coming to the market that they're not obligated in any way to go through with selling their home, but if people simply didn't put their houses or homes for sale that interm wanted to buy somewhere else, the market just simply would grind to a halt.

We haven't hit the the record levels that we achieved in 2016, but we are very close to two those figures this year so in reflection not as good a year as last, but still bearing in mind the economic situation a good year.

I think following the budget and the Chancellor's announcement that he's going to abolish stamp duty for first-time buyers up to three hundred thousand, I think that coupled with this government's initiative to now build more homes for for people generally, already we are picking up on the property commentators predicting price rises which I think will be good and I feel that 2018 will be a year where more confidence is shown from people to to do more things.

I finished my report by wishing everyone a very Merry Christmas and a happy and prosperous new year.

<< Back Property News

2018 Rowan Webster Group | Careers | Site by Big Web