Predictions For The UK Property Market In 2014

There are many conflicting predictions for the property market it 2014. The consensus seems to be that house prices will continue to rise in London and the South-East, while the market in the rest of the country will remain fairly stagnant.  However, this is not the best news for house buyers.

An increase in house prices sounds like it should be a good thing, but it is likely to cause another property bubble which will eventually burst, leaving the country in yet another economic crisis. The average house price is predicted to smash the 3% stamp duty threshold, which will make moving house unaffordable for the majority of UK families. Increasing house prices will also make it harder for first time buyers to get onto the property ladder. The country may soon find itself in the position that first time buyers are priced out of the market completely causing the whole property market to slow down. A stable property market relies on a market with a majority of first time buyers able to purchase properties, so that first-time homeowners are able to sell their property and upsize.

Overall, predictions for 2014 aren’t all bad, but home owners and first time buyers should be prepared that house prices could fall again before the property market stabilises. Market analysts have predicted that the property market will not reach pre-2007 conditions until 2020.

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National Homebuyers are a UK based property buyer who really do buy any house or property! In fact we will buy anything, absolutely anything! Whether it is a house, flat or bungalow we will buy it!

If you are looking for a fast house sale then we are here to help you. Our team of property experts are always on hand to share their expertise with you and help you achieve you aim of selling your house fast in a time scale that suits you and not us. So if you want a sell house fast service then give us a call on 08000 443 911.

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