Finlay Brewer Brook Green
Here comes summer?..... After the election!
Once the clocks have gone forward, the days start to get noticeably lighter. There is no mistaking it - British Summertime is coming. Of course, for those of us in the property industry, the onset of the milder weather means we are now well into that spring bounce as people look to freshen up their lives by moving home. And, despite all the doomsayers, we are seeing the market pick up, just as we do every year.
Of course, with the General Election looming, we will all have to take the back seat for a few weeks while the politicians fight it out but with Article 50 now triggered I think much of the uncertainty of the past nine months will abate - at least for now. So, as the days get longer and the summer beckons, let’s look ahead with optimism for the future and make the very best of what the summer has in store for us.
Sticking with politics, it seems the Chancellor Philip Hammond didn’t see fit to make any changes to stamp duty in his recent budget. This is stifling the market in Central London but the ongoing shortage of property and the slow building process is keeping supplies limited and prices up to £2M in positive territory. However, the market is more price-sensitive than it has been and so it’s more important than ever to ensure that you get your pricing right, right from the beginning - otherwise, you risk getting stuck on the shelf. Needless to say, a quick call to us can put you on the right track.
Right, well, that’s me done for this month. I hope you enjoy what’s left of the bank holidays. If I don’t hear from you before, I’ll be back in May.