Independent Service Rating based on 40 verified reviews.
British Property Awards 2017 Gold Winner estate Agent BarnstapleAll Agents Awards

Request Free Sales or Lettings Valuation

Their service, from beginning to end of the purchase, was excellent from being shown around the property, then chasing as required, through to a successful completion.
 Mrs Smith

House price rises of 2% next year forecast by both RICS and Knight Frank

The RICS is forecasting national house price growth of 2% next year – but no uplift in transactions.It is also predicting a scenario of rapidly rising rents as the imbalance between supply and demand intensifies.This year, the RICS has consistently reported on a shortage of stock, with average stock levels on estate agents’ books sinking to an all-time low in June.A continued shortage and stretched affordability suggest there will be no material pick-up in activity, says the RICS.The RICS is forecasting that rents will rise by an average of 2.5% across the UK, and by 3% in London.It has reported that the number of new landlord instructions has been going down for 14 successive quarters.Knight Frank is also forecasting an average house price rise of 2% next year across the UK, but is not forecasting prices to rise in London.However, after next year, Knight Frank is bullish about house price rises, expecting them to rise 3% to 4% annually until the end of 2024.

It is forecasting a 1% average rent rise across the UK next year, followed by average annual rent rises of between 2% and 3%.Knight Frank believes that reversals in tax changes for buy-to-let investors remain unlikely, resulting in upwards pressure on rent prices as stock reduces.


Mayfair Office Group See our properties on onthemarket.com