The UK’s property market has received a growing amount of media attention over the last few months and needless to say there has been much speculation about how the governments help to buy scheme will affect house prices. Interestingly, a recent Rightmove report suggests that the average asking price in Tower Hamlets has increased by £48,597.00 (10.3% increase vs. September 2013). To view the full article on Rightmove click here.

“Whilst all of these statistics need to be taken with a pinch of salt (especially the most aggressive ones), what this does indicate is that this is very much a ‘sellers’ market fuelled by lack of supply on the market and an exceptionally high demand of buyer activity. At Vanet, we are registering triple the amount of buying applicants compared to this time last year. In short, the message to our buyers is do not wait – buy now”.

If you are thinking of selling your property contact us for a free valuation click here.

Sales: Vanet Property Asset Management is a trading name of Countrywide Estate Agents,
Registered in England Number 00789476. Registered Office: Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP

Lettings: Vanet Property Asset Management is a trading name of Countrywide Residential Lettings Limited, Registered Office: Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP.
Registered in England Number 02995024 which is an agent and subsidiary of Countrywide Estate Agents, Registered Office: Greenwood House, 1st Floor, 91-99 New London Road, Chelmsford, Essex, CM2 0PP.

Registered in England Number 00789476. Countrywide Residential Lettings Limited is regulated by RICS. Countrywide Estate Agents is an appointed representative of Countrywide Principal Services Limited which is authorised and regulated by the Financial Conduct Authority.