The latest news from Estate Agents across the country is that the housing market is at a stand still as home buyers and sellers wait to see if the run up to the general election and any government change will affect their position. According to many home-owners and wannabes, concerns about budget cuts and potential tax rises are making them hold off on agreeing deals on property.
With less houses on the market due to the general election fears, it’s no surprise that the Royal Institution of Chartered Surveyors (RICS) found that in last months nationwide house price figures, 17% more estate agents reported a rise rather than a fall in house prices. Despite the postive news of increasing house prices, with very few people looking or able to buy, a quick house sale is seemingly out of the question unless you take another route.
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