Search Acumen comments on RICS residential market survey for November

Print This Post

10 December 2015


Search Acumen200Andy Sommerville, director of Search Acumen, comments on the RICS residential market survey for November:

“Prices slowing down in London offers a breather for homebuyers, but it’s worrying to see the problem of unaffordability is spreading to the capital’s commuter belt, including the South East and East Anglia, and even beyond.

“We can also expect to see a surge in prices in the run up to April, when stamp duty reforms for buy-to-let investors will come into force, with the hope this doesn’t put a dampener on activity in the second quarter of next year once the reforms have been introduced.

“With the traditional Christmas lull setting in, we shouldn’t be too concerned about the current seasonal lack of stock, however. 2016 promises plenty of new homes coming on to the market, with housebuilders boosted by the government’s Help to Buy initiatives.

“It’s also positive to see the government remains committed to the housing agenda, with the promise of Starter Homes and now a new consultation on green belt planning reform. Further planning reform could see a real boost for the supply of new homes, but the government needs to move quickly so that the industry can get on with building them.

“Could the government finally bring a more sensible approach to housebuilding on the edge our towns and cities? Watch this space!”

 



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



Legal Futures Blog

The skills shortage in law firms is the biggest threat to handling cybercrime

CLC Roundtable discussion at Malmaison Hotel, Charterhouse Square

The skills shortage in our businesses is the biggest threat to our industry when looking at cybercrime. Cybercriminals are not just after money but are looking for sensitive information too, so the legal services sector is an obvious target. In the last year we have had reports of around £7m of client money being lost to such crime. This is not an IT issue and it should not be left to the IT teams to sort out. It is a high-level responsibility and a board-level issue that must be taken seriously. We suspect that we will look back on 2016 and ask why we didn’t respond quicker.

March 21st, 2017