RICS: ‘Stamp Duty Optimisim’

ricsRMA Surveyors Ltd, Newbury, has been taking a read of the RICS UK Residential Market survey for December 2014.

In a recent press release, issued by RICS, it states that: December 2014 saw a sluggish trend in new buyer demand and a tail-off in house price growth. However, stamp duty reforms are still expected to support market activity according to our latest UK Residential Market Survey.

It goes onto state in its analysis that: ‘The number of potential new house buyers dipped for the sixth consecutive month in December and price growth fell to its slowest pace since May 2013’. However, the Institution is optimistic stating that ‘the changes to stamp duty are expected to provide a timely boost to activity in the housing market across most of the country but there remain significant challenges particularly for first time buyers seeking to take an initial step onto the property ladder.’

Read the full press release and analysis here.

If you’re looking to purchase a property and are in need of some advice from a Chartered Building Surveyor in Berkshire, please get in touch on 01635 579208 or fill out our Contact Us form. We’d be happy to assist  in providing a quote for a Homebuyers Report or Building Survey.