Rightmove of which we are members revealed consumer confidence has done U-turn
The latest Rightmove Consumer Confidence Survey has revealed that 54% of people now expect average house prices to be higher in 12 months time, a significant sentiment turnaround from Q1 when 69% expected prices to be lower.

That sounds like good news especially when added to news about the freeze in mortgage availability beginning. For example Cheltenham & Gloucester, part of the mammoth Lloyds Banking Group, has cut the cost of a range of mortgage deals and introduced a ‘best buy’ product, while Abbey has also launched a market-leading deal.
But our concern is that supply is likely to be the issue as the year ends. We have had a spate of sales that has left the cupboard somewhat bear and there is clear evidence form around us that the better Estate Agents are much the same. So if you are contemplating moving then now could be the time to move.

Those wishing to sign up to sell between now and Christmas can do so with no up front marketing fee. The £1,350 total fee will be collected when the sale completes. If the buyer withdraws the house from the market for any reason within 6 months a fee of £200.00 will be apply. Offer conditional on using our chosen supplier for any surveys and conveyancing.

Rightmove- where people look for houses and good estate agents place their houses report that the apparent improvement in prices achieved comes amid a very thin market. Transactions remain 54% below 2007 levels, with the lack of supply driven by homeowners unwilling to move due to the economic backdrop.