Major North East estate agent and Chartered Surveyor Andrew Craig is pleased to report that the local property market remains in good shape following the result of the EU referendum. As demand for property stays high and house prices continue to hold their value, there is no reason that home movers should put their home moving plans on hold.
“Despite much speculation about the effect of Brexit on the property market, I am pleased to say that the market here in the North East is still strong and I am confident that now is as good a time as any to buy or sell a house," says Andrew Craig FRICS, Managing Director at Andrew Craig Residential Sales and Lettings.. “There are still lots of buyers out there in search of a new home which is keeping house prices stable and there are also some great mortgage deals available with low interest rates. Since the Brexit vote we have continued to bring new properties to the market and have not seen any negative impact on our business. In fact, our completed sales for the week after Brexit were 48% higher than those in the week before the vote. It would appear that now the vote is over, homeowners and buyers are coming back to the market, which was predictably quieter than normal in the run up. Of course, we understand why some people may be waiting for the dust to settle following the EU Referendum, so we’re keen to offer our guidance and services to those with any questions. If you are uncertain of the effect Brexit will have on your plans to buy or move home, please don’t hesitate to come in and speak to one of our team.”
Andrew continues: “I have traded as an estate agent since 1974 and have experienced all types of market conditions. Our success is based upon high levels of service from our skilled and motivated teams of professional staff throughout the North East and we are well placed to offer advice to our customers on potential challenges to the market.
Andrew Craig offers a range of services including residential sales and lettings, home conveyancing and mortgage services to local home buyers, sellers and investors and renters. If you are looking to buy or sell or rent in the North East and would like advice on the local market, please contact your local branch today.
Andrew Craig FRICS