DCSIMG

Sponsored by Used cars
Positve vibes in housing market

This year should see a fresh start for the property market, according to the specialist conveyancing team at Sheffield law firm Irwin Mitchell.

The team cites competition amongst lenders, the availability of mortgages and greater awareness of schemes such as the NewBuy initiative as among the key factors behind a potential improvement.

It says the fact that the cost of buying now compares favourably with renting and growing interest and activity in the buy-to-let market could also stimulate the market.

Eve Lake, a conveyancing expert at Irwin Mitchell, which acts on property sales across the UK, said: “While 2012 proved to be another tough one for the property market, there are fairly strong indications that improvements will be seen in the coming months.

“As well as Rightmove and RICS revealing positive forecasts, the Council of Mortgage Lenders recently reported if current improvements in lending continue, next year should feel more stable and positive in the housing and mortgage market.

“There are also significant signs that buy-to-let and high-end properties remain in demand despite the recent economic doom and gloom, with it seeming highly likely this will continue.

“It remains far too early to say anything for certain, but all in all it is shaping up to be a much more positive 2013 for the residential property market.”


 
Find It

In association with scoot logo

Looking for...

Featured advertisers

Jobs

Search for a job

Motors

Search for a car

Property

Search for a house

Weather for Bakewell

Saturday 01 November 2014

5 day forecast

Today

$weatherItem.description

$weatherItem.description

Temperature: $weatherItem.minTemp to $weatherItem.maxTemp

Wind Speed: $weatherItem.windSpeed

Wind direction: $weatherItem.windDirection

Tomorrow

$weatherItem.description

$weatherItem.description

Temperature: $weatherItem.minTemp to $weatherItem.maxTemp

Wind Speed: $weatherItem.windSpeed

Wind direction: $weatherItem.windDirection

Press Complaints Commission

This website and its associated newspaper adheres to the Press Complaints Commission’s Code of Practice. If you have a complaint about editorial content which relates to inaccuracy or intrusion, then contact the Editor by clicking here.

If you remain dissatisfied with the response provided then you can contact the PCC by clicking here.

Bakewell Today provides news, events and sport features from the Bakewell area. For the best up to date information relating to Bakewell and the surrounding areas visit us at Bakewell Today regularly or bookmark this page.