Wishing You a Very Merry Christmas and a Happy New Year

Wishing You a Very Merry Christmas and a Happy New Year

As Christmas approaches the housing market slows and normally there is time to make a couple of posts on the Edwin Lake website. This year however we are still receiving lots of new instructions and we are fully booked at present into the New Year.

The property Market seems to remain reasonably buoyant although the political and economic uncertainty is feeding through to lower levels of confidence on the part of property purchasers. There is evidence that selling prices in some segments of the market are lower now than would have been the case 12 months ago and certainly sellers need to be realistic when setting asking prices.

It is generally accepted that the London market has slowed and this probably has more of an impact on the Bath property market than elsewhere. Bristol and market towns such as Frome could feel the affect of a slow down in the London market too.

It is difficult to predict how things will change in 2019 and, of course, much depends on what happens with BREXIT, interest rates and the economy in general.

Putting this aside for the festive season we would like to wish our past and future clients a very Happy Christmas and a prosperous New Year. I would like to offer my thanks to Emma for all her brilliant support and excellent customer service and to all our clients who have taken time to write the positive testimonials which are so important to us.

Merry Christmas!

Richard

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