It might not quite be music to the ears for people looking to get onto the property ladder but for those who are homeowners already, a recent survey has shown that things are starting to look up.
A report by the Centre for Economics and Business Research (CEBR) has revealed that UK house prices will hit an all-time high by the year 2015, with houses increasing in value and average prices climbing by 14%.
The research findings show that over the next four years, the price of an average house will reach its highest ever record in Britain and will be worth more than £200,000, up from the current £176,000.
It is positive news and a relief for those Brits who are wishing to hire a removals firm and relocate to another part of the country but are presently putting it on hold because they will lose too much money by selling now.
The overall conclusion is that if one can sit on a property and wait until 2015 they should, as the house price will rise. Many people have been left in negative equity as the value of the property has collapsed since the recession.
Douglas McWilliams, CEBR chief executive, believes the price rise will be due to the shortage of homes for sale.
So as confidence in the housing market begins to increase, use Robinsons International for your expert home removals.