Martel Maides Newsletter - October 2017 Report

 

At the time of writing it looks like a small hike in Base Rate by the BoE is on the cards within a month or so. We do not see this impacting on sales as most lenders/purchasers have factored this into their calculations. Closer to home, we have had two transactions that have proceeded to court, which previously would have been held up by lack of access onto a neighbouring property. The lender in both cases seems to have taken the view that the new law is sufficient for them to lend. A good result for the property market in general – and those two vendors in particular!

 

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