Matthew Cumber is managing director of Countrywide Surveying Services
It’s summertime and the housing market remains far from easy, well for some borrowers, surveyors and conveyancers at least. In fairness, surveyors and conveyancers are facing far fewer obstacles than many borrowers, with the main ones concentrated around volume and capacity. Not that we can complain about this, especially when we look back and think about what could have been.
A vibrant housing market continues to play a critical role in the UK’s economic recovery and this vibrancy was evident in Propertymark’s latest Housing Market Report for April 2021 which showed that one in three properties (32%) sold for more than the original asking price, the highest figure on record. A figure much higher than the previous record of 19% in May 2014.
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