Tag Archives: property market

The post-election residential property market – is it safe as houses or should you run for sunnier climes?

Does A Property For Sale Become Stale Over Time?

Posted on by

If you speak to any layperson, who is selling, they will talk to you about their fears that if their property is on the market for sale too long, it will go ‘stale’.

It is a real source of anxiety for some sellers – yet it is a complete myth to the cognoscenti of the Industry.

Properties on the market do not ‘go stale’ they are simply overlooked, when they are over-priced. Invariably, serious, potential purchasers are not really interested in how long a property has been marketed for, even though they may seek to try and use this against an owner, where the period has been prolonged, in any negotiation. Continue reading →

Would a no-deal Brexit be good or bad for the residential property market?

Posted on by

There is much talk today, in the press, about the consequences of a ‘no deal’ on Brexit, even Dr. Liam Fox has put it down to a 60/40 chance.

The Governor of the Bank of England (BOE), Mr. Carney, has increased Interest Rates, probably because he believes that, on balance, the Brexit deal will happen and therefore, the control of inflation is more important today, than anything else, when the ‘sluice gates open’ on public sector wage increases and their knock on effect on the private sector. Continue reading →

Breaking News: The bottom of the Prime Residential Market in London, may have passed six months ago

Posted on by

There is now a perceptible mood change with buyers in the middle to upper sector of the Residential Property Market in London.

As we all know, last year was a mixed bag of blessings and curses. Trading during the first two quarters, for us, was disastrous, but during the last two quarters, we enjoyed some interesting business conducted on a number of residential properties in middle to upper ranges.

Continue reading →