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Housing Market

Property Market Overview

The economy has shown a much greater resilience to the Brexit vote than predicted. Despite the political uncertainty a slow but steady rise in house prices should continue throughout 2017, underpinned by the shortage of housing stock and low borrowing costs for buyers.

Due to this there are encouraging signs of home-mover activity, with visits to Rightmove up 5% compared to the same time last year.

With buyer demand up and a continued shortage of housing, now is an opportune time to sell your home with your multi-award-winning local estate agent for a desirable asking price. If you are not thinking of moving, we are more than happy to offer a free market appraisal nonetheless.

£404,804

Average house price
in South East excl London

Contact us for a valuation

Lettings Market

Lettings Market Overview

All regions except London recorded a rise in asking rents in 2016, with prices up annually by 1.3% in the South East. News for Landlords is forecast to remain positive for the foreseeable, with rents predicted to rise 4% outside of London. This is mainly driven by continued less availability of rental stock in a continued property supply and demand scenario for tenants.

We’ve seen evidence of this at Waterfords, where tenants who are actively looking for property are up 49% compared to the same period last year. With such demand, now is the opportune time to talk to our team about your letting options.

£1,362 PCM

Average rental
(Waterfords)

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Interest Rates & Mortgages

Interest rates look set to remain at an historic low for the foreseeable future. Current Sterling weakness is pushing inflation higher but interest rates are likely to stay close to zero while EU exit negotiations take place. Continued low rates will hopefully increase both UK buyers and sellers and that overall housing stability seen throughout 2016 should carry on throughout 2017.

Waterfords can put you in touch with their trusted independent mortgage broker . These brokers have the experience, connections and technology to assess your financial situation and compare the different mortgage products and deals available and recommend a loan option that's right for you.

As mortgage deals are getting harder and harder to come by, working with our reputable mortgage broker will ensure that you get the chance to apply for the best deals as soon as they become available.

Independent brokers can access many deals under 1%*

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