The National Association of Estate Agents has revealed its predictions for the UK property market for 2012. They predict a gradual recovery for the UK property market with lack of available finance being the biggest barrier to would be home buyers. This ties in very much with my view and I was also pleased to see that the NAEA are indicating that house prices on average will see little change. Peter Bolton King, Chief Executive, said “confidence in 2012 will be a key factor and this, to some extent, will be driven by the media”. I believe that certainty and confidence will be the two watch words for 2012 and if we can get some positive messages out into the media this will have an impact on the UK housing market.
Lindsay Darroch Partner and Head of Property
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Blackadders' Property Blog: Covering Aberdeen, Dundee, Edinburgh, Glasgow, Perth, Angus and beyond
The property market is something that affects us all, be it buying and selling a house, to property investment. This blog is our take on the property market in Scotland in general, and Dundee and Angus in particular. To get in touch with us, please visit www.blackadders.co.uk.
