Property Market Review March 2019

Commerical construction declines at the start of the year

The latest ‘IHS Markit’s Purchasing Managers’ Index’, reports that commerical building work in the UK has fallen for two consecutive months, ending ten months of expansion. This tailing off in construction output was led by falling demand from businesses, forcing the reduction in civil engineering and commerical property work, negatively impacting the sector.

For full briefing click here. Property Market Review March 2019

 

 

Your Home Finance Spring 2019

FIRST-TIME BUYERS KEEPING THE MARKET BUOYANT

The recent slowdown in the market has been good news for those who want to get into the housing market and make that all-important first purchase.

Whilst the number of current owners moving home has come to a virtual standstill, due in part to the uncertainties surrounding Brexit, the number of first-timers has increased. Analysis by Lloyds Bank2 shows that 372,100 first-time buyers entered the market in 2018, up by 3% on the figure for 2017.

For full briefing click here. Your Home Finance Spring 2019