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A Spring In Our Step

Published: 21/03/2016 By Lawson Rutter

Now that we’re well into March, spring is really in the air. The weather may not, always, be ‘playing the game’, but those daffodils and other spring flowers are already out, anyway. So, we will soon change the clocks to summertime and, with an early Easter this year, be fully ready for whatever the summer will bring.

In the property market, there is always a spring in our step once March arrives and this year is no exception. Of course, the big property news is from Mark Carney, Governor of the Bank of England, who has clearly signalled that there will be no interest rate rise this year. In fact, he sees 2017 as the earliest possible date for a rise so, who knows, we could be in for a few more years of low interest rates.

Put that together with the buy-to-let tax changes coming into effect this spring, and you can see why there has been a bit of a rush for potential landlords to get their offers in and their new property purchases completed before the change.

However, you don’t need to own a property with rental potential to make the most of the spring market, as all sizes and types of property are in demand at this time of year. If you would like a realistic valuation on your property, please feel free to give us a call.

Well, I think that’s enough from me for this month. I hope you all have a very Happy Easter.