Search Acumen comments on RICS residential market survey

Print This Post

17 April 2015


Search Acumen200Mark Riddick, chairman of Search Acumen, comments on RICS residential market survey for March:

“The continuation of a market cooling into spring is a sure indication of general hesitation that comes prior to elections. A possible hung parliament in May could actually prolong the market flatline until a stable government is established.

“With currently low supply of housing stock, price rises are expected in the next three months, which could have a detrimental impact on market growth in the second half of the year. Conveyancers remain optimistic that while growth may not parallel 2014 levels, there will be greater activity once we cross the election threshold.

“In the meantime, the state of the housing market should serve as a signal to all parties that initiatives such as the Help to Buy ISA or the Tories’ proposed Right to Buy are no more than plugged-in policy measures which do not solve the housing market’s core problems: lack of affordability and a scarcity in housing stock.”

 



Associate News is provided by Legal Futures Associates.
Find out about becoming an Associate



Legal Futures Blog

Is it time solicitors started taking ethics training more seriously?

mena_ruparel

The requirement for solicitors to behave ethically in modern legal practice is more relevant than ever. Solicitors are still held in fairly high regard by the public, although that esteem is on the wane according to last year’s Trusted Professions poll by Ipsos Mori. Lawyers are less trusted than teachers and doctors but at least we prevail over accountants and bankers. We still hold a position of trust but we must work to hold that position. The current Solicitors Regulation Authority proposals to revise the Handbook are evidence that work still needs to be done.

June 21st, 2017