T’S hard to believe that it has been a year since the Roberts Newby/Strutt & Parker merger and what a year!
This marriage has surpassed expectation and has genuinely extended our family and the resources we have available to ensure we can now reach a much wider network of buyers and tenants with total commitment to unparalleled client care and delivering value and the best results for our clients.
As we enter the main summer period there is much to consider with all the discussion around Brexit and the political spectrum.Although our offices in the home counties, including Gerrards Cross, have experienced a drop in activity, transactions are still relatively level – proving that life still goes on. So far 8.5% of our sales have been affected in some shape or form, although only very few have fallen through altogether.
Stock levels remain low and demand is still outweighing supply to the extent that if a sensibly priced property comes onto the market particularly in the price bands up to £1.5m, it is selling. A number of lenders have already cut their rates and according to our colleagues at Private Finance, we are now experiencing some incredibly competitive mortgage rates.
The Halifax has recently confirmed that house prices continue to increase albeit at a slower rate but still many times above inflation.
Interestingly, I read recently that over half a million people have opened Help to Buy individual savings account (HTB Isas) since their launch in December.This is encouraging and proves that we are very much a nation of home owners.
Even the most optimistic estate agent realises that the full effect of the EU referendum is uncertain, however, with home owners’ expectations perhaps a little more realistic and the potential of mortgage rates becoming even lower, many of us in the property market could look back on this period as an excellent time to buy.
On Sunday I completed the Wycombe half marathon.Thank you to all who have sponsored me in advance of my second challenge – the Marlow half marathon in November. I enjoyed the day and am delighted to be raising money for the Crick Institute. (To support the cause, go to www. justgiving.com/struttandparkergerrardscross)
Our team are highly experienced at managing people’s moving plans and shall be only too pleased to discuss, in confidence, the best way forward in your circumstances.
Call 01753 891188.