The Visitor Magazine Issue 464 July 2022

Page 24

Woolley & Wallis Property Market Update The Property & Land Specialists Since 1884

THE HOUSING market remains strong and the return of the base rate to 1.25% is another step closer to normality for the UK property market. However, further increases to interest rates, combined with the strong price growth we have recently

experienced and the cost-of-living squeeze, will potentially limit the capacity for growth over the next few years.” Latest market forecast projects that price growth in the next four years (2023-2026) will average a total of 5.1% across the UK as a whole. This may be of some relief to many would-be buyers, many of whom will feel they have been chasing the market.

But for now, demand is resilient, supply is still short in many areas and competitive bidding means properties are frequently selling for over the asking price. Barnaby Gower, Partner at Woolley & Wallis, commented, “I am not persuaded that house prices will fall but there may be a slowdown in house price inflation." Representing the owners of some of the finest homes in the region and in the market, Woolley & Wallis endeavour to deliver a

faultless service and their forensic approach returns the very best outcomes for clients - evidenced by their loyal following, recommendations, testimonials, Google Reviews and repeat business. If you are considering moving, they would welcome a discussion on how they can help find the right buyers that can be a part of your moving solution. Contact: Barnaby Gower Partner, Residential & Professional Agency, Woolley & Wallis on 01747 852242.

Back2Market, Removals & Clearance Specialists

Barnaby Gower, Partner at Woolley & Wallis.

24 THE VISITOR July 2022

Back2Market are local, familyrun Removals & Clearance Specialists with husband and wife Paul and Claire Beddow at the helm. With a great team behind them, they pride themselves on providing quality, efficient and yet friendly and flexible services. Paul primarily takes care of clearance quotes, while Claire


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The Visitor Magazine Issue 464 July 2022 by The Visitor Magazine - Issuu