Save for email alerts?
Save for email alerts?

At the beginning of every year we all try and consider predictions for what he next 12 months will bring.

So what does the year ahead have in store for the UK housing market?

Much like 2014, 2015 and 2016, the UK will begin the new year with a degree of some uncertainty but some optimism especially outside London.

 

Buyers will be able to continue to take advantage of low interest rates.

 

History suggests years of low transactions are almost always followed by years of increased activity.

Nationwide, house prices are predicted to rise by 3pc over 2017, according to the Royal Institution of Chartered Surveyors (Rics), with East Anglia, the North West and the West Midlands recording higher gains than the national average. This should provide great comfort to potential buyers in and around Chester.

“The supply pipeline or lack of it is at the forefront of the analysis and dominates the residential market,” Rics say. Good news this for sellers.

Meanwhile the Government is facing renewed pressure to reduce stamp duty. This has been a big bug bear for so many buyers and has hit the buy to let market since last year’s budget. Any help the government can give will be welcomed.

So whilst the picture isn’t entirely clear we at Changing Home are most optimistic for the year ahead. The North West does look to be favoured for the year ahead and of course within the area Chester retains huge popularity.

06/01/17

Predictions 2017

by Changing Home
Search
CATEGORIES
TAG CLOUD

Need a Valuation?

SIMPLY FILL IN THE FORM BELOW

By submitting this form, you agree that we may contact you about properties we think might interest you using the details you have provided.
Thank you for contacting us.
There was an error while sending your message.
Please wait...

Register

Sign up to our email alerts!

 

We will notify you as soon as a property in your search criteria comes on the market

Go

Reviews

Don't just take our word for it!

 
Write about your experience with us at Changing Home or read all our current reviews

read all

Latest News

Keep up to date

 
Catch up on property news from the local area or find out what's going on at Changing Home

read all