There will always be an element of uncertainty and caution over the property market, but up here in Yorkshire we are enjoying something of an extended boom period. As leading Yorkshire solicitors, Ison Harrison remain at the forefront of it.
As one of the most respected solicitors in Leeds and the surrounding areas, Ison Harrison are well placed to predict another bumper year for their residential conveyancing department, as they reflect on a positive 2017 where they dealt with over 2000 instructions relating to new build properties alone. 2018 looks like continuing in a similar vein.
The property market in Yorkshire in 2018
In Yorkshire, it is generally felt that the market price for properties won’t continue to rise like it has been, but will remain steady in 2018. Indeed, some experts expect to see a 17.6% rise in property prices in Yorkshire over the next five years, compared to just 7.1% expected in London. This is mainly due to the high class of properties and locations in God’s Own County.
The ‘Golden Triangle’ between Harrogate, York and Leeds is a rich seam of exclusive and much-sought-after properties due to the standard of schools, road and rail access and the general quality of life. While available properties are quite scarce in these areas, they sell very quickly and usually at much higher than the asking price, so demand is definitely there. Surrounding towns such as Ilkley and Wetherby maintain a strong market too.
At the top end of the property market, Brexit unpredictability has had an effect, but lower down the ladder, the Government’s assistance for first time buyers has helped to keep the property market in Yorkshire ticking over nicely. Help to Buy schemes and the changes to stamp duty have helped younger buyers get into the market and that is likely to continue in 2018. Elsewhere, the burgeoning rental market in big cities like Leeds is experiencing something of a supply issue, where developments can’t be built quick enough, so it looks like there will be plenty of demand for some time to come.
How Ison Harrison’s residential conveyancing department can help you
Choosing the right solicitor when moving home is so important, and Ison Harrison’s key role in the conveyancing process is to take the stress out of the moving process.
The main objective of your conveyancing solicitor is to explain and analyse all deeds and contracts, so that you know exactly what you are buying. This in itself takes a lot of the unnecessary stress out of the process, but simply being kept informed about progress with prompt, honest and jargon-free communications is an essential role that Ison Harrison performs with professionalism and plenty of industry experience.
Heading the residential conveyancing team at Ison Harrison is Jenny Bland, whom has specialist knowledge of the new-build property market, and in particular the Government’s popular Help to Buy schemes. Jenny is surrounded by a team of trusted and experienced professionals and Jenny herself is well known and respected throughout Yorkshire.
Of course the property market can present several different types of transactions, quirky properties and unusual deals. In this respect, Ison Harrison have unrivalled experience in dealing with house purchases, flats, joint ownership transactions, transfer of ownership and the buy-to-let market. With an attentive client service, clear and honest instructions and advice, and a fixed price conveyancing service, the firm enjoys continual repeat business and healthy referrals based simply on providing a professional and competitively-priced service.