Predictions suggest that the market will continue to rise slowly as the year progresses but that London could lose out – according to research by Rightmove, prices in the capital will fall by around 2%, while homes across the rest of the country will increase in value.

So, what does this mean for our clients? For investors, January is a great time to start thinking about adding to your portfolio. If prices are set to go up, then why not grab a bargain before the competition really kicks in during the summer busy season?

This piece of advice also applies more broadly. While people’s thoughts do start turning towards moving when New Year’s resolutions are made, many don't actually put their best foot forward until spring, meaning that prices might remain more affordable in the mean time.

And if you’re new to property ownership, it couldn’t be a better time to buy: the great news for late 2017 was that stamp duty has been scrapped for first-time buyers on properties up to £300,000!

For the tenants among our readers, there’s due to be a range of new developments opening up in Manchester over the next couple of years, which should ease the continued shortage of rental property in the area. It’s wise, then, to keep an eagle eye on the property books if you're thinking of moving as new places are sure to be snapped up as they hit the market.