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Latest News From My Home Move - the UK's leading conveyancer

Doug Crawford, CEO of My Home Move, comments on today’s ONS House Price Index for April

 

“A strong performance in April’s house price data is testament to the robust nature of the property market, especially in light of the snap election. However it is important not to be complacent. We urge the new Government to focus its attention on the pledges made in the White Paper and to appoint a new Housing Minster quickly, to ensure that the housing stock which is desperately needed is delivered and that the developers answers the calls of home movers, to build suitable homes that meet their needs.

“The good news is that there is a continued demand from first time buyers and signs that the mortgage market is supporting those taking their first step onto the property ladder. Our research found that 57% of aspiring buyers remain confident about their chances, but increases to prices at a time of poor wage growth still makes home ownership a significant challenge.”

 

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