We keep you informed on local market trends across Esher, Claygate, East Molesey, West Molesey, Thames Ditton and Hinchley Wood.
Welcome to September's Newsletter
NEWS: Off target?
Oh dear. Just as the media is clamouring for more insight into the housing sector after the Brexit vote, the cross party Economic Affairs Committee releases a report called Building More Homes.
It's conclusion? The government isn't. Building more homes, that is.
In fact, the committee goes further and says that the government's target to build new homes isn't nearly tough enough, and should be increasing its current commitment by a whopping 50 per cent. That means 300,000 new homes would need to be built each year which, says the National Association of Estate Agents (NAEA), “is a tall order.”
“Politicians can set as many targets as they like but unless we look at the reasons why not enough houses are being built things will not improve,” says Mark Hayward, Managing Director of NAEA.
In other news, the private rented sector continues its rapid growth across the UK; while a new forecast says that house prices will fall by 1% in 2017 before rising by 2% in 2018.
Whether you’re a first-time buyer, upsizing, or relocating, we’ll help you make smart decisions and avoid common pitfalls—all with local insight and honest advice. Register with us today.
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