Property prices in Greater London are now 9.7 per cent more expensive this August compared to this time last year. Usually the holiday month of August shows a slight down turn in activity with many would be buyers and sellers being away. However this year the drop in national activity is only 1.3 per cent, half the average ‘August drop’ reported between 2008 and 2014.
Sadly first time buyers are facing the full brunt of the strengthening property market with many struggling to save enough deposit to match the inflating house prices.
If you are considering buying or selling and would like to receive a full breakdown of all known legal cost, please contact our New Business Team on 01245 343980 or newbusiness@gepp.co.uk
The above is not legal advice; it is intended to provide information of general interest about current legal issues.
