Suspension of Board Services

In line with UK Government directions, Agency Express will suspend all board services to our clients with immediate effect. We appreciate the disruption this will cause, but we must ensure the safety of our franchised operators, valued clients and members of the public.

Signmaster3 will continue to be available for you to list your requests, and we will notify you as soon as we are able to commence work once more.

Any concerns please contacts us on or 01508579800

Thank you for your continued support.

Wet weather dampens UK property market

After a roaring start to 2014 the UK property market has assumed a slower pace as we enter the spring months. National data recorded by the Agency Express Property Activity Index has highlighted a drop in properties ‘Sold’ between the months February and March,  falling to -6.60%. In the same light, reports from the Bank of England have also shown that mortgage lending fell to a four month low, with speculation of it being a result of a prolonged wet winter. The statement shows validity as national new listings ‘For Sale’ continued to rise for the third consecutive month, up by 6.40% maintaining our confidence in the continued growth of the UK property market.

Regional month on month data recorded by the Property Activity Index shows that of the 12 regions recorded, five made increases on properties ‘Sold’. The UK’s top performing region was the West Midlands up by +27.40% followed by marginal increases from Scotland up by+3.60%, Wales +1.50%, Yorks & Humber +0.80% and The South East by +0.50%.  The UK’s largest fallers were London dropping by -17.90% and the South West by -16.90%.

It was a resilient month for new listings ‘For Sale’ with 8 of the 12 regions reporting increases. The West Midlands bucked seasonal trends with a solid increase of +43.30%, the region’s best figures for March since the Property Activity Index’s first records in 2008.  Wales has also shown prominent increases in new listings ‘For Sale’ rising by +26.80%, again reporting record best figures.  In fact upon review of the last three months, post launch of the Welsh ‘Help to Buy’ scheme the region has consistently made increases in both properties ‘Sold’ and new listings ‘For Sale’, which gives testament to the success of the government incentive so far.

The Property Activity Index’s month on month comparisons has highlighted a slump in March which may have been an effect of this year’s extreme weather. However figures calculated over a 3 month period still remain robust, with all of the 12 regions reporting continued increases in both properties ‘Sold’ and new listings ‘For Sale’.

Agency Express Comments

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

After the recent surge in the UK property market March’s lull may be adversely perceived. It is important however to look back and review how the market has performed and improved month on month. When reviewing the figures we can see that overall growth continues, so figures from this month’s Property Activity Index give me no concerns for upcoming months.  

Monthly % Changes for March 2014

% Changes for Jan - March 2014

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

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

New Listings Properties Sold
Mar 14 Mar 13 Mar 14 Mar 13
NATIONAL 6.4 12.7 -6.6 12.7
Central England -22.5 -8 -12.4 11.3
East Anglia -1.1 15.4 -13.5 17.2
East Midlands 10.1 18.3 -1.4 32.2
London 3.2 0.8 -17.9 6.4
North East -16.6 24.6 -4.9 42.2
North West 20.3 12.8 -5.6 10.7
Scotland 1.5 26.3 3.6 18.4
South East 7.4 18 0.5 6.1
South West -9.6 18.2 -16.9 23.8
Wales 26.8 3.7 1.5 -19.3
West Midlands 43.3 1 27.4 2.4
Yorks & Humber 21.5 13.3 0.8 11.6
New Listings Properties Sold
Jan -
Apr 14
Jan -
Mar 13
Jan -
Mar 14
Jan -
Mar 13
NATIONAL 27.5 30.1 15 20
Central England 19.7 26.9 20.4 22
East Anglia 23.8 28.1 14.7 26.4
East Midlands 27 34.5 13 23.8
London 18.7 21.9 8.1 22.6
North East 18.1 44.3 14.8 44.9
North West 36.3 31.4 14.6 11.7
Scotland 27.8 34.3 13.9 14.9
South East 28 35.2 17.3 19.6
South West 18.8 31.3 6.6 17.5
Wales 37.7 30.6 23.2 10
West Midlands 52.5 29 34.2 12.1
Yorks & Humber 30 27.1 14.7 20.9

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