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Property Market Update - May 2012
Date: 09 May 2012  Written By Paul Gillespie
Spring has been characterised by April showers but the lengthening days are always a signal for improved activity in the housing market and this year is no exception. The housing market has a positive feel and outlook. Yes, the artificially induced increase in the number of first time buyers has reduced following the end of their stamp duty “holiday” at the end of March but activity in that sector has seen an increase in the number of buy to let investors seeking property in order to meet the high demand for privately rented accommodation.
 
Property Market Update - April 2012
Date: 22 Mar 2012  Written By Paul Gillespie
We’ve had the Budget, our gardens and hedgerows are breaking into colour and Easter is nearly upon us. Warmer weather is greeting what is traditionally a strong time of year for the property market. Spring is clearly in the air! The Budget, as expected, saw the Government’s emphasis remain firmly on business growth and reducing the deficit.     
 
Property Market Update - March 2012
Date: 28 Feb 2012  Written By Paul Gillespie
February was a month for lovers. Valentine’s Day with its traditions of Cupids, hearts and flowers and, being a Leap Year, an additional day on which a lady could ask a man to marry her. I hope that February proved to be a good month for you. At Gibbs Gillespie it was a month where I am delighted to report that the property market for both sales and lettings has been both busy and productive.   
 
Property Market Update - February 2012
Date: 31 Jan 2012  Written By -
The property market in 2012 has (certainly in London and the South East) started much more positively than many were predicting.   Undoubtedly challenging economic conditions cannot be ignored but all of our sales and lettings offices have enjoyed a busy January.   The reason appears to be the simple old economic adage of supply and demand. Quite simply, in good markets such as London and the South East, demand continues to outstrip or, at best, match supply. This is having a positive effect on values which, whilst generally not rising in the UK (except in London & the South East) are certainly not falling as one might expect given the general economic picture.   
 
Property Market Update - January 2012
Date: 21 Dec 2011  Written By Paul Gillespie
2012 - When the going gets tough...the tough get going    Financial issues dominate the headlines and there is no doubt that the road to a strong economic recovery will be long and bumpy. Unemployment levels are likely to increase and reductions in public spending will bite deeper. Banks, particularly due to their exposure to debt, will continue to restrict lending and be cautious in exposing themselves further. The residential property market is changing with owner occupation falling and those renting in the private sector increasing, often through a lack of an alternative.  
 
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