New Year – New Confidence!

The local property market really has lifted since the start of the new year and confidence is definitely returning says Malcolm Prescott, Managing Director of local award-winning estate agents Webbers.

Malcolm explains, “There are of course many factors that influence the property market, time of year, availability of stock, affordability, Interest rates and CONFIDENCE. It is confidence though that really makes the difference and I am pleased to say that it is back, following the uncertainty that the political forces inflicted on the British people and economy in the past year”.

Malcolm continues “Since the General Election it really does “feel” different, buyers, sellers, landlords and people in general seem to have a “lighter step”, in the knowledge that at last we have a clear direction, right or wrong we now know where we are headed and we all like that certainty, and business thrives on that certainty”.

Webbers are an estate agent that handles the sale and rent of all types of property, from small one bedroomed apartments, new homes, chocolate box cottages and large country homes and as an estate agent that was established way back in 1924, they are used to change, it comes as “part & parcel of our business” explains Malcolm. “The market is the market – what matters is how your agent makes the best of the conditions that prevail, at Webbers we pride ourselves on offering sound, professional and effective advice to our customers, many of whom we have acted for time & time again, such is their belief in the service we offer”.

So what of the year ahead. Most respected economist and commentators are definitely buoyant about the prospects of a good solid year for the housing market, mortgage interest rates remain extremely low, with very competitive 2 and 5 year fixed rates allowing people to budget. House prices are expected to rise marginally 3 – 5% and the number of transactions across the country are also expected to increase marginally also, so a good solid year ahead it would appear and that is certainly the view expressed from Webbers HQ, who offer a FREE valuation service to anyone thinking of a move in 2020.

If you would like help buying or selling contact us here