COVID Guidelines

Following the UK lockdown announcement we can confirm we are still operating.

To remain COVID safe have implemented 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.

The pre-referendum property market

The latest data from the Agency Express Property Activity Index has revealed growth for the UK property market in June.

Month on month data recorded by the index showed a nationwide increase in both new listing ‘For Sale’ sitting at 10.6% and properties ‘Sold’ at 2%. The increase in figures also appear consistent with recent reports from Dr Rebecca Harding, Chief Economic Advisor at the British Bankers Association, who stated: ‘Mortgage approvals have bounced back following the sharp drop in April, caused by the initial reaction to the stamp duty surcharge.’ The report also went on to reveal a £12bn increase in gross mortgage borrowing which was 10% higher than figures recorded in the same period of 2015,  and that re-mortgage approvals were 18% higher than in May 2015; The highest level since February 2011. 

Looking at performance across the rest of the UK the nine of the twelve regions recorded by the Property Activity Index recorded increases in new both listings ‘For Sale’ and properties ‘Sold’.

The regions recording the largest month on month increases included:

New listings ‘For Sale’

  • London 72.3%
  • South East 22.3%
  • North East 10.1%
  • Yorkshire & Humberside 9.6%

Properties ‘Sold’

  • West Midlands 25.9%
  • East Midlands 11.8%
  • South East 4%

This month’s prominent performer was the West Midlands. After a three month lull reaching -14.50% in May, figures for properties ‘Sold’ bounced back to sit at 25.9% a regional best for June.  London also made robust month on month increases in new listings ‘For Sale’ sitting at 72.3%. While this wasn’t a record best figures were 14.9% higher than in June 2015.

 The largest decline made in this month’s Property Activity Index was recorded by East Anglia. Properties ‘Sold’ fell for a second consecutive month sitting at -4.20%.

 Agency Express Comments

Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said: 

During June we expect to see a buoyant property market and this month’s Property Activity Index has shown growth for a large proportion of the UK.  However with the EU referendum only a week ago the Brexit affect is yet to unfold. Looking forward in to the second half of the year it will interesting to see how it affects the usual trends of the market.

Monthly % Changes for June 2016

% Changes for May - June 2016

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 16Jun 15Jun 16Jun 15
Central England2.337.2-1.25.8
East Anglia320.8-4.29.2
East Midlands-1.87.411.811.5
North East10.116039
North West0.18.73.110
South East22.337.8417.4
South West3.
West Midlands2.97.325.913.2
Yorks & Humber9.64.80.8-1.6
New ListingsProperties Sold
May -
Jul 16
May -
Jun 15
May -
Jun 16
May -
Jun 15
Central England4.210.3-1.7-2.2
East Anglia4.45.2-0.90.4
East Midlands-4.8-3.6-0.15.2
North East-1.93.3-3.611.8
North West-0.31.4-1.41.7
South East8.77.1-1.43.6
South West1.61.8-34.1
West Midlands0.9-
Yorks & Humber3.4-20.4-3

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