MARKET UPDATE NOVEMBER 2009

As the nights have drawn in and the weather has been horrible, the month of November was quieter than October. This is the traditional seasonal slow down as we head towards Christmas. Having said that, most of the calls we receive and make are more positive, it seems that there aren't many people wasting time looking for a property unless they sincerely wish to buy one. Market appraisals are still fairly slow, but there are a good number of sales due to exchange and complete before the end of 2009, especially those between £125,000 and £175,000 so that the buyers are exempt from paying stamp duty.