Barbara Hartwell News » July 8, 2017

Daily Archives: July 8, 2017

Property

Election Chilling House Prices- Estate Agents Hemel Hempstead

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There are various reasons that can be attributed to the frequent movement of prices of everything, especially of the basic commodities that are essential to man’s life. With majority of the world’s economy making grounds after enduring tremendous recession that caused prices to go up and massive loss of employments during the early years of the decade, we can expect more movement with regards to the prices of almost everything that can be bought by money. One of the things which prices have depended on the economic as well as the political scenario in a specific country, is the price of residential properties especially those that are being sold or being rented out in the United Kingdom. You see, when you are planning to buy a property in UK regardless of the kind and the size of the said property, you have to make tons of considerations before making the final decision to make that purchase. Aside from deciding on the maximum amount that you are willing to spend for a specific property, be it in UK or in other countries in the world, you also have to keep in mind of the various taxes and dues that are needed to be paid both on a monthly and yearly basis. In fact, these taxes and dues might be heavier than the monthly mortgage that you are paying for your purchased property. Whenever you are still in the process of planning, consult with your trusted estate agents Hemel Hempstead because they can help you decide which property you should buy.

 

According to estate agents Hemel Hempstead in the United Kingdom, there has been a significant slowdown in the market of houses in the United Kingdom since the UK government called for a snap election. According to the official result of the monthly survey that is conducted by the Royal Institute for Chartered Surveyors, 8% of their respondents have reported that there have been more failure in sales rather than the number of successful sales in the market.  In addition to this, respondents have indicated that both buyers and sellers of properties are willing to play the waiting game as they are willing to wait to see the result of the snap election before deciding before to push through with the purchase or sale.