Tuesday, 22 April 2014

Business as usual for Leicestershire's property market

Our very own Peter Buckingham of Andrew Granger & Co takes a look at the 2014 Budget and considers how it may affect the property market in Leicestershire.

Blame or applaud whomever you like for the surge in the property market across most of the UK - but a surge is what we have, particularly in Leicestershire. Whether it is foreign investors in London, the government's help-to-buy scheme or greater confidence following month after month of lower unemployment and higher growth, the property market is following its familiar path of post-bust recovery with the ripples radiating from London.

Of course there are those who still manage to blame estate agents in Leicestershire for rising prices - but even these people must concede by now that greater forces are at work than just the aim of estate agents to get the best for their clients.

The 2014 Budget did nothing to derail this recovery but did little to accelerate it either. 

The Budget will be pored over by many more than just those in the property industry this time round. Property has been left to find its own way and by and large that is how it usually is.

Looking more locally in Leicestershire, the market is extremely buoyant at present. As an estate agents, our database of hot buyers has increased by approximately 40% this year alone, and we have seen a marked increase in buyers from London and the south looking for the house of their dreams in and around Market Harborough.  The valuable rail links to London St Pancras in less than an hour is proving to be a real draw for commuters, and will continue to positively affect house prices in the area, compared to other surrounding market towns.

Now is a great time to sell, whether you have a two or three bedroomed house that would suit the first time buyer or investor, or a town or country house for family occupation.

Andrew Granger & Co offer the expertise and up to date marketing technology to ensure your home is promoted to the widest possible audience to capitalise on this much improved market.  As we head towards an election in 2015, this budget keeps the market on track. Spring is in the air, and we would be delighted to offer professional advice in your best interests if you are thinking of selling this year.

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