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.
30 Princess Street £875pcm
Available NOW
2 Double Bedrooms
En Suite to Master Bedroom
Study Area Off Master Bedroom
Immaculate Condition Throughout
Spacious Apartment
Located Off Portland Street
Click here to read 30 Princess Street £875pcm.
The Salford Quays office has moved
We're not far away, though – we are now just around the corner from the old office, having taken up a unit just under the Sovereign Point development.
We’re excited to have a fresh, new look and are ready to start 2018 with a bang! Why not pop in next time you’re at Salford Quays to say ‘hello’? We look forward to showing you around and discussing your property needs while you’re with us.
Click here to read The Salford Quays office has moved.
Tenants Renting Handbook
Deciding to rent a property, is much like deciding to buy a property, it can be exciting and daunting in equal measures.
With our help, though, it could also be one of the most seamless, hassle-free experiences of your life.
Click here to read Tenants Renting Handbook.