The real estate market has been forecast to be a busy this year due to buyer demand for property. Experts say that sales are up this year about 20% and will continue due to several factors. Greycoat Real Estate looks forward to a busy and successful spring season assisting our clients.
There are several reasons responsible for the rise in property sales and real estate. Inflation has stabilized and interest rates have stopped rising. Unemployment in the Uk has remained low under 5%. And this is when Greycoat real estate experts come in.
Those experts that predicted doom and gloom have proved to be wrong. The media has stopped publishing negative stories about the real estate market. Greycoat recalls how more customers that waited to buy property want to become active this year.
The upcoming election will create some positive incentives for buyers and sellers. There will be tax cuts and special incentives aimed at the housing market by politicians to get votes from consumers. Greycoat informs how money will be available for new homes due to a cut in the income tax basic rate and increase in some tax brackets.
Consumers are expecting chancellor Jeremy will bring back the Help to Buy program to help first time buyers with incentives for buying or building a home. Buyers want to see a stamp duty reduction, landlord support, and inheritance tax cut. These changes will help to fuel a healthy market this spring; Greycoat Real Estate looks forward to a successful spring helping clients with sourcing and acquisitions, leasing, asset and development and corporate management.