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Rics Survey May 2010

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David Owen Evans FRICS, Russell Baldwin &

Bright, Rhayader, Powys, 01597 810457 -

Market is strong. Buyers still able to negotiate

well as vendors are anxious to 'do a deal'.

Andrew Morgan FRICS, Morgan & Davies,

Lampeter, Ceredigion, 01570 423623 - The

market in our region remains oversupplied

and very competitive. Only those properties

that have best appeal are selling and only

when attractively 'packaged' and priced.

David W Pearce FRICS, David W Pearse &

Co, Mold, Flintshire, 01352 700274 - After

an encouraging spring, market conditions

have quietened down significantly.

Instructions have also reduced although the

uncertainties over HIPs could have

contributed to this.

John Nicholas MRICS, J.J.Morris,

Haverfordwest, Pembrokeshire, 01437 760

440 - The most important factor that has

had a having a negative impact on the

housing market over the last few weeks has

been the general election. Potential vendors

appear to be waiting to see what is likely to

happen over the next few weeks, and are

therefore in no hurry to put their properties

on the market, especially with the talk of

abolising the HIPs. In addition the budget is

also an important factor, which will no doubt

have a massive impact on the confidence in

the housing market, especially in relation to

taxes which will affect the market place.

Kelvin Francis FRICS, Kelvin Francis & Co.,

Cardiff, South Glamorgan, 029 2076 6538 -

There are increased numbers of instructions

of properties coming onto the open market,

and these have improved since the

government's announcement of the

withdrawal of HIPs. Traditional semidetached

properties are in short supply and

the values of these have matched 2007

levels. Other properties are generally selling

well and first time buyers are also now able

to obtain mortgages at reasonable levels. It

has been noted that many established

landlords are off loading investments,

before the revision in CGT takes place.

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  • 396 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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