LETTING & ESTATE AGENT

Following the government’s update on 13th May 2020 regarding home moving in England during the Covid-19 outbreak, we are pleased to announce our branches in England will start re-opening their doors for booked appointments over the coming weeks. Health and safety remains our main priority, and a number of strict measures will be put in place to protect our staff and customers. Our offices in Scotland and Wales will continue to support customers from home. Visit our branch page to find contact details for your local office.

Agents selling two homes per month to Help to Buy purchasers, claim

Agents selling two homes per month to Help to Buy purchasers, claim

House prices in the UK will increase 8% next year, the RICS has forecast.

It says the rise will be driven by the “acute imbalance between burgeoning buyer demand and sluggish supply, with new instructions to estate agents close to stagnating”.

The RICS says there will be price rises across the country, led by an 11% increase in London.

It is also forecasting 1.2m transactions next year, up from 1.05m this year, but well short of the 1.67m back in 2006.

Meanwhile, the NAEA has reported that the percentage of first-time buyers rose last month to its highest level since 2009, but that the supply of stock fell back again.

According to the NAEA, an average of nine homes was sold per estate agency branch last month – with two going to a Help to Buy purchaser.