Best property solicitors in Kidderminster (UK)
Well despite everything the property market is proving not just resilient but booming. The end of the stamp duty land tax holiday may have been thought to dampen demand but frankly hasn’t been noticed much if at all. In many areas (especially beyond the South East) prices are at their highest ever recorded. North West England leads with prices up 15%has increased and West Midlands is up by nearly 10%. Of course, you always get one report against the trend but the majority reflect the norm.
How can this be – well if I could predict the housing market accurately, I would be a very rich person and it is always interesting to note that the Housing Analyst’s predictions given at the beginning of each year vary quite considerably and are rarely “bang on.”
There is a shortage of supply of houses – the basic
economics of supply and demand provide that prices will therefore go up!
Also, one of the outcomes of the pandemic and people working
from home is that they tend to want more space and often outside the
conurbations – this is causing an outflow into more rural areas.
Of course there is a flip side – with people working more
from home (the extent of this is not yet settled) then there is probably less
need for office space – though the jury is still out on this and High Streets
are showing signs of life beyond what was expected – so Commercial properties
are showing less resilience and rents and sale prices are not increasing as
residential ones.
It’s a topsy- turvy world!
This is why you would be well advised to use a local
solicitor – here in the Wyre Forest you have well respected and experienced property solicitors in
Kidderminster and Stourport who know the local market well and local
expertise can help you. There are some areas locally where you may be well
advised for instance to have a better survey than just a lender’s valuation. At
HB 121 solicitors we have solicitors with well over 60 years of the local
market between them and with contacts with local surveyors together with
extensive local knowledge, including local history and planning which can have
a bearing on modern developments.
So, for your property solicitor in Kidderminster and your property solicitor in UK
Stourport come to us at HB 121
Solicitors. Contact us on 01562 702655
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