The arrival of a new year is always an interesting time for the property market and never more so than in an election year.
Following such a buoyant and successful 2014, hopes that these market conditions will continue are understandably high and the good news is that 2015 is already showing all the signs of being another excellent year for property in Woking.
The recent and long overdue reform of the archaic and much loathed stamp duty system has injected huge optimism into the sales market, with 98% of homebuyers now saving money, with many of these being significant amounts running into the thousands!
This coupled with a delay in the expected rise in interest rates, the continued availability of competitive mortgage products, a sustained economic recovery, an ongoing shortage of available property and a seemingly perpetually buoyant rental market , is a recipe for a great year.
In addition, asking prices have stabilised following the rapid rises of last year, meaning that properties remain attractive and accessible to many buyers, keeping the market moving.
The lettings market is also enjoying similar conditions, with demand continuing to outstrip supply, rents rising at a steady but manageable rate and healthy interest from buy-to-let investors who can still enjoy good returns as well as excellent longer term capital growth potential.
So whatever your property ambitions for 2015, be they to rent or buy, sell or let, we can help you to achieve it, so please do get in touch with our friendly expert team today…