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Insight into when the property market might change !

I have edited this from a recent article published by the BBC if you would like to read the full transcript just click here  

There is no doubt about it, house sales in the UK have been in their lowest levels since contemporary records began in the late 1970s. 

With just 869,000 homes sold … Continue Reading

Activity in the UK housing market remains flat

Activity in the UK housing market remained flat during July, with house prices slipping further, according to the latest RICS UK Housing Market survey.

Some 22% more chartered surveyors reported that prices fell rather than rose in July. While this represents a slight improvement on June’s net balance of -26, this reading has now remained in negative territory for over a year.

Large deposits required by lenders appear to be a stumbling block for many would-be buyers.

New instructions also fell back in July, with 7% more surveyors reporting falls rather than rises in … Continue Reading

Market Drops, Estate Agents spend !

More news today about falling House Prices. 3.6% in September from the previous month, according to the Halifax although they do go on to say that it was too early to conclude that this was the start of a sustained fall. Lets hope not!

Interesting also is the Halifax report shows low transaction levels in the housing market and an increase in the number of properties available for sale. These two factors added together will be pushing down prices.

So, in summary prospects for the housing market remain uncertain and there are tax rises due and pay reviews will be modest to … Continue Reading

Where do estate agents go when they want to move ?

A good question and I might just have the answer.

A customer called me today to complement Jade, one of our lovely team. (if you have ever called our office you will know jade just by her laugh) Anyway he let slip in the conversation that he knew how difficult the housing market is right now because he was an estate agent.!

Sorry, rewind…. So to clarify, your a High Street estate agent using House Revolution?

This shocked me. Every day we battle against the High Street agents who try lots of tactics to try and convince customers that their high fees constitute … Continue Reading