Housing needs to be a top priority for next government says Richard Sexton at E.SURV
Richard Sexton, Director at e.surv comments on the RICS Residential Market Survey released yesterday 8th June, in which the main findings were: Demand slips and new sales listings decline further, agreed sales continue to edge lower steadily and national price growth eases somewhat while expectations remain subdued.
Richard Sexton commented: “The market has been flatlining for a while now, particularly in London and the South East, arguably with a lack of affordable housing for first time buyers being the main catalyst for this.
“Regardless of the outcome of today’s election, whichever political party is in power has to make sure that housing is a top priority. The UK’s housing stock has been stagnant for too long and if more affordable homes aren’t built, things will only get worse. We urge the Government to start working closely with the industry to give more people the opportunity to become homeowners.”
E.SURV Chartered Surveyors is the country’s largest provider of residential valuation services and is part of the LSL Property Services PLC Group of companies.
You May Also Enjoy
How Technology is Changing the Prime Property Viewing Experience
Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate
How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas
Foxtons Lettings Market Index – March 2025
UK’s mid-market firms show improved business growth in March but economic uncertainty continues
