Yep, we think house prices will inch ahead in the next year. The Bank of England want things to start moving again and their commitment to keep the base rate at 0.5% demonstrates this.
So a small rise, hopefully in line with inflation will see house prices continue to slowly rise and according to the Centre of Economics and Business Research the market will 'really' start picking up in the following years with London leading the way again.
My view is bricks and mortar will always be a safe bet, maybe the days of making a fast buck are over but as always and with all the safest bets, it is a long term play. Just a shame the banks wont open the door to the wanna be players.
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