This time last year saw a significant increase in demand for properties within the lower and middle areas of the market.  With not enough supply to meet demand, this lead to price increases up to the second of half of the year.  We believe that demand levels will remain high in particular for those properties in areas that are close to local amenities. 

The new stamp duty levels will provide savings for those properties selling below £937,500 but will be more expensive for those at £1,250,000 and above. Mortgage rates appear to be holding fast, especially for fixed rates. It is a little early to know how the new pension rules will affect the property market, but, buy to let investments are bound to be part of the consideration for those not choosing to purchase an annuity. 

As for the general election in May, well, that looks to be a fascinating fight. 

All these factors have a bearing on the market and they can shift backwards and forwards.  Whatever your position, talk to us if you want to discuss your property - we would be pleased to hear from you.