Board Services Have Resumed

We are pleased to confirm our return to service as of Monday 11th May onwards.

With a wider understanding now of the relevant health risks, we will be implementing the following guidelines for our operators:

Social distancing measures observed at all times
Hand sanitisers to be carried by all operators and used regularly
No knocking on vendors doors/interacting with vendors unless absolutely necessary
No visiting of branches
Face coverings/masks to be worn where possible
One person per van, unless those people live in the same household

Please ensure your customers are aware that we will be enforcing strict social distancing to protect all involved. We politely request they do not approach our operators, and boards are left in easily accessible locations for collection when required.

Thank you to all our clients for their continued patience during this time.

Seasonal slowdown for UK housing market in June

There were very few surprises in the UK’s residential property market activity for June, repeating historic trends of previous years with a monthly seasonal slowdown according to the latest figures from the Agency Express Property Activity Index. Month-on-month data for June 2012 reported that UK-wide residential property sales decreased by -6.3%, whilst new ‘for sale’ listings also decreased month-on-month by -4.4% compared to May. However, there was some good news from the Index through the comparison of activity from Q2 v Q1 2012 which reassuringly shows a +16.9% increase in the number of new ‘for sale’ listings reported and a +21.2% increase in the number of properties ‘sold’.

Of the 12 UK regions covered within the Index, three bucked the seasonal trend and saw month-on-month increases in new ‘for sale’ listings during June, these were London – up by 17.1%, Wales – up 5.4% and the South East – up by 4.9%. Most regions reported an expected seasonal decline but some worse than expected, these were the North East – down by 30.3%, Scotland – down by 14.2%, Yorkshire – down by 12.0% and the North West – down by 8.6%

For properties ‘sold’, four regions reported positive month-on-month increases for June, Yorkshire – up 10.1%, the South East – up 5.1%, the North East – up 3.0% and the South West – up 2.9%. At the bottom of the regional table for the number of properties ‘sold’ in June 2012 compared to May 2012 were the West Midlands – down by 25.4%, Wales – down by 23.3%, Central – down by 14.9% and the North West – down by 12.5%.

There were some very positive results for June 2012 from several of the 22 individual towns and cities covered by the Index. The nation’s hot-spots for new ‘for sale’ listings were Leicester – up 133.9%, Cardiff – up 45.8%, Brighton – up 29.7% and London with an increase of 17.1%. When it came to positive results for properties ‘sold’ the UK’s hot-spots were Exeter – up by 32.4%, Leeds – up 17.0%, Bristol – up 12.8%, Glasgow – up 11.7% and Nottingham with an increase of 11.3%.

Commenting on the latest Index results, Stephen Watson, Managing Director, Agency Express, said: “June has been an interesting month for the UK property market. Predominantly the figures do follow the seasonal month-on-month trend for June established since our Index began 2007, but it does also show some real geographic variances between countries, regions and cities. London is frequently talked about as a barometer for the UK housing market and in June it was one of the hot-spots with some positive figures. Year on year figures for June 2012 against June 2011 are also very encouraging with positive growth. Looking ahead at the next few months I do have some specific concerns that potentially could impact on the market; the growing euro-zone crisis and is undoubtedly having an impact on consumer confidence; the Olympics promises to be a sporting feast but could postpone activity until early September; the slump in mortgage lending figures to first-time buyers since the end of the stamp duty concession could well restrict the bottom-end stimulus that is badly needed."

Monthly % Changes for June 2012

% Changes for Apr - June 2012

New Listings
% Change over last 12 months vs Previous 12 months

Properties Sold
% Change over last 12 months vs Previous 12 months

New ListingsProperties Sold
Jun 12Jun 11Jun 12Jun 11
NATIONAL-4.4-9.5-6.3-4.7
Central England-7.9-12.1-14.9-8.5
East Anglia-1.5-7.8-8.1-5.3
East Midlands-7.5-15.100
London17.13.3-3.4-16
North East-30.3-24.63-4.3
North West-8.6-11.8-12.526.1
Scotland-14.23.9-3.417.7
South East4.9-14.75.1-18.8
South West-0.3-16.52.9-14.9
Wales5.4-9.1-23.38.4
West Midlands-7-7.1-25.42.6
Yorks & Humber-12-19.310.1-15
New ListingsProperties Sold
Apr -
Sep 12
Apr -
Jun 11
Apr -
Jun 12
Apr -
Jun 11
NATIONAL-0.3-3.1-0.5-3.9
Central England3.4-3.1-1.7-3.5
East Anglia-0.82.4-0.6-1.7
East Midlands-5.7-5.7-0.7-0.7
London1.9-4.42.4-8.7
North East-16.8-8-20.9-0.3
North West-2.7-6.8-4.9-5.8
Scotland2.80.4-3.2-2.2
South East4.2-8.98.8-6.9
South West4.1-57.1-5.1
Wales0.7-1.96.16.7
West Midlands0.5-2.71.12.6
Yorks & Humber-9-6.9-8.2-10.3
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