Market Update

As we enter the final phase of what has been an extremely productive year in the property market, there is still much to play out on the world stage. As we have always seen with national news stories, whilst they don’t have a direct link to the property market itself; negative news stories can affect public confidence which in turn affects transaction levels. The number of properties being transacted in the UK has been dropping since last October and house price growth has been slowing. This is not a general disaster but it makes us mindful that competitive and realistic pricing of property coming to the market is going to be key in securing a buyer over the coming months. We may see a positive Brexit bounce towards the end of the year, interrupted only by Christmas and depending on what happens in the world stage we should see another robust year in the property market in 2020. If you are unsure about when to bring your house on the market or any other property related questions please don’t hesitate to get in touch with us by one of our helpful and friendly, knowledgeable staff will be only too happy to help.