The UK’s housing market is accelerating amid strong demand and a lack of supply. The Royal Institution of Chartered Surveyors has doubled its forecast for price rises this year from 3 per cent to 6 per cent, and says average stock levels stand at 30-year lows.
News & articles from H Tiddy
Despite the distractions of the National Election, since early January 2015, we at H Tiddy were surprised to find a dramatic increase in activity in all house price ranges. Based on low interest rates and the purchase of property becoming more affordable for many due to the changes in Stamp Duty, during the first few months of this year, a strong number of buyers have felt that now is the right time to buy. This improvement in buyers' confidence resulted in a record month for us in April, when we exchanged on over £5 million pounds worth of property.
House prices in the three months to January were 1.9% higher than in the preceding three months. This was the first increase in the quarterly rate for six months. National annual price growth also picked up, to 8.5% from 7.8% in December.
Following the recent addition of two new negotiators to the team, H Tiddy are delighted to announce the refurbishment of their St Mawes office. Located in the heart of village, they are perfectly situated to service the Roseland and Carrick Roads. The position means they are on the 'frontline' and part of the local community regularly dealing with 'off market' sales. Mark Wilson, Managing Director of H Tiddy commented, "we have had a very encouraging start to the year with a number of sales already agreed.
Over the last couple of years, there have been rapid increases in video streaming on the internet. H Tiddy Estate Agents and Property Specialists have recognized this trend and are finding more and more property search buyers are preferring to look at moving images and listen to short videos rather than downloading and reading ‘pdf’ documents and sales brochures on their laptops, tablets and android phones.
Pictured - Mark Willson, Managing Director of H Tiddy Estate Agents and Property Consultants.
It has been well reported last year that there had been an easing in house price growth since the summer. Equally, latest reports from The Halifax show that national house prices in the three months to November were 0.7% higher than in the preceding three months, therefore, the housing market is starting to become more active again. Annual price growth in 2014 was reported to be 8.2%, which peaked in July at 10.2%.
H Tiddy are delighted to announce the arrival of two new highly professional, motivated and experienced estate agents to the existing team. Jack Hunkin, joined H Tiddy as Valuer/Negotiator on 27th October 2014. Jack’s main responsibility, under the guidance of Mark Willson, is to increase the market share of the company in and around The Roseland and Cornish Riviera areas. Jack is a well respected, level headed and affable local lad who was born and educated in the St Austell and Mevagissey areas. Many will recognize the Hunkin name associated within the fishing industry.
Charlie Thwaites (pictured) has recently joined the successful selling team at H Tiddy Estate Agents as a Valuer/Negotiator. He has been employed as a part of the expansion program for the long established independent company that dates back over 100 years.
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