Legal news

RICS forecasts gloomy rest of 2012

Jonathan Winston Jonathan Winston
1 min read

The Royal Institute of Chartered Surveyors (RICS) has said that the optimism regarding a possible upturn in the housing market following some figures released earlier this year, has not been sustained and the economic downturn is bound to have a negative effect.

RICS said that 19% more surveyors reported price falls rather than rises and it put the mildly encouraging figures down to first-time buyers rushing to beat the end of the stamp duty holiday on properties below the price of £250,000. It added that recent economic data which has put the country back into recession has undoubtedly eroded confidence in the housing market.

Halifax has reported that house prices fell by 2.4% in April, taking £4,000 off the price of the average property with all areas of the country affected and only London bucking the trend. In the capital 86% of surveyors had prices stable or rising, whereas in Wales and Northern Ireland 36% and 50% respectively reported falls.

The RICS did, however, add that 63% of surveyors who responded said there had been no change in prices and of those who did report a fall, the vast majority were in the 0-2% range.

https://www.theguardian.com/business/2012/may/08/house-prices-falling-char...

Client feedback

First time we’d done anything like wills. Monika understood our outline requirements, and guided us carefully through the process through to signing. We were delighted with the service we received from Monika and the team at Winston’s, and would absolutely recommend them to others.
Graeme
I was very pleased with the service provided. Advice provided in a timely and efficient manner, very clear and concise.
Anonymous
Sidraa did the conveyancing on our recent house sale and purchase and she was outstanding. She is so thorough but also keeps you constantly updated removing a lot of the anxiety about the process. She was also ably helped by Paulo. Thank you for all the hard work you put in on our behalf.
Kathryn
Great from start to finish. Kept updated at all times. Michelle was also good at replying to my emails,I would highly recommend to anyone.
Jonathan
Lease has been amazing getting all my documents ready for my house purchase, she was rapid at responding to my email and replying back to any queries I had. I would surely recommend it Winston solicitor to my family and friends.
Fatima
Can’t recommend Winston solicitors enough especially Heidi for all of her help and patience, I was ready to give up with my claim but Heidi showed huge determination and patience in ensuring I got some justice, amazing service and the staff work tirelessly to help their customers
Alannah
I cannot recommend Samira at Winston Solicitors enough. She worked tirelessy to defend our case and her knowledge and professionalism, along with her ongoing support, helped to make a very stressful situation easier to manage. Would I recommmend again, in a heartbeat!
Ben
I used Winston solicitors for the purchase of my first home. They were absolutely fantastic, especially Michelle who was my solicitor. She was so kind and friendly. She answered every question I have and was very responsive and easy to get a hold of. I highly recommend Winston solicitors and Michelle especially:)
Tomas
Contact us