IN THE COUNTRY &TOWN Welcome to
Creating the inspiration to move
Hello Summer
Welcome to this edition of In The Country & Town, the property magazine for showcasing some of the finest properties and also providing our readers with some engaging editorial features.
Despite this Summer frequently being rained off, we know many house buyers are actively seeking their next home, so in this magazine we are presenting those househunting with some wonderful properties to consider, some of which are previews and therefore not yet seen on the open market.
Politics and Property
There was little uncertainty about which party was going to win in the run up to the General Election, and with the Labour Government now in power, the impact on economy should be positive if their plans work. Remember, when Labour was last in power the house market did rater well in fact. An attractive aspect of their intent to achieve economic growth can be seen under its £7.3bn National Wealth Fund, in which the new Labour Government is to put money towards higher-risk projects, such as gigafactories for batteries, hydrogen fuel, carbon capture, and green steel. It aims to attract £3 of private sector funding for every £1 of taxpayers’ money.
Of course the biggest impact on the housing market in the medium term would be their stated intent to overhaul the planning system.The pursuit of this initiative is vital in achieving a more balanced house market.
We suspect their main focus on tax will be Inheritance, Capital Gains and of course their much publicised v.a.t. levy on private school fees.We don’t think labour will risk returning to the ‘mansion tax’ ideas of the Jeremy Corbyn days, talk of which played a major part in them losing the last election. Despite UK inflation now at 2% the long awaited reduction in The Bank of England interest rate has been pushed back and expectations for a rate cut in August is now unlikely. Lower borrowing costs will arrive soon and this will be a positive stimulous on the housing market.
The Up-tick
Currently, house sales productivity is actually significantly up on the previous year in our area of operation on the Hampshire/Surrey/Berkshire borders, so our invitation to anyone thinking of selling their property is to join the up-tick with a free no obligation valuation, and discover not only the likely price you will achieve but also the level of buyer demand.
Join the UpTick
arrange a free valuation
John Holden - Chairman McCarthy Holden
Published by Kilbricken Publishing and John Joe Photography Limited,Telephone: 07470 707275, email jjtopshot@outlook.com, web johnjoe.co.uk. Publishing 2022 - All rights reserved. Reproduction is forbidden except by express permission of the publishers.The content of this magazine is believed to be correct but its accuracy is not guaranteed and it does not form part of any offer or contract. John Joe Limited cannot accept responsibility for any omissions or errors.
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