Estate Agent Confidence Divided as Sector Braces for Autumn Budget Announcements

Confidence across the estate agency sector is increasingly mixed, according to new sentiment data from GetAgent, as the industry awaits key housing decisions in the Autumn Budget.

In a survey of 352 estate agents, nearly half (49%) reported a slowdown in buyer and seller activity, highlighting fewer enquiries and new instructions. Another 39% described current confidence as “moderate”, with transactions still happening but greater caution among clients. Only 13% felt that activity in their local markets remained strong.

Economic Uncertainty Still the Biggest Drag

When asked what is most holding their markets back, agents pointed primarily to the wider economic climate and cost-of-living pressures (47%). Uncertainty over potential tax changes in the forthcoming Budget followed closely at 34%. Limited stock (11%) and higher mortgage rates (8%) were also identified as ongoing challenges.

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Seasonal spring bounce in UK housing market ‘point to an improving outlook’

ALL WELCOME AT OUR OPEN DAY AT STICKNEY CHASE

Situated in the village of Stickney, our development offers the perfect balance between tranquility and convenience. Enjoy the charm of a semi rural setting while being just a short drive away from the amenities of Boston. The development features three different styles of contemporary home designed with style and functionality in mind.

Three and Four bedroom houses available with prices starting from £279,000

Come and find the home of your dreams

Glenfields Surfleet

The sales team have been down on site today to see how the Emerald Homes development at Coalbeach Lane South is getting on.  The construction is well under way with the first phase taking shape and contractors in full swing. There is a selection of two, three and four bedrooms houses available and all properties come with a choice of kitchens, units and work tops for your personal choice (subject to stage of build.) All homes on the development come with good sized gardens which are fully enclosed with a secure gate access into your rear garden. All of the specification and additional upgrades will be confirmed at full reservation stage.

If you are interested in this development please give us a call and we will make an appointment to show you round.

New Development Released in Stickney.

Ark Property Centre are pleased to announce that they are now working with Lindensium Homes to market their Brand New Development in the village of Stickney, Lincolnshire.  The new development of three and four bed detached homes at Stickney Chase is designed to deliver in both character and quality. Built with modern materials for that all important energy efficiency. The first four properties of this 13 plot development have been released and include the Ludlow, Ancaster and Coningsby design.

Stickney is a village located around 6 miles east of the town of Boston and is known for its picturesque countryside and historic church, St Luke’s Church, which dates back to the 13th century. Stickney is a small village with a population of around 1,500 people, and it has a primary school, a village hall, and a local pub. The surrounding area is mostly agricultural, and the village is known for its arable farming and its market gardens, and is also located approximately 30 minute drive from the nearby coastal towns of Skegness and Ingoldmells which are popular tourist destinations.

For full information regards the development please click the link

https://www.arkpropertycentre.co.uk/stickney-chase/

House price growth has hit a four-year high as pent-up demand and the Stamp Duty holiday continue to boost the property market, Nationwide claims.

The lender’s latest House Price Index revealed average property values grew by 5% annually in September and 0.9% on a monthly basis to £226,129.

It is the highest level of annual price growth since September 2016.

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First time buyers reached an estimated 353,436 in 2019, the highest level since 2007.

This is the fifth time in six years that the number of people buying their first home with a mortgage exceeded 300,000 according to the Yorkshire Building Society.

The data shows that almost twice as many first-buyers secured a mortgage in 2019 as at the start of the financial crisis in 2008 – when the figure was 191,040 – with those entering the property market now accounting for 51 per cent of all homes purchased with a mortgage in 2019.

In 2008 this share was just 38 per cent.

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