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Word On The Street- Property South

January 10th 2017
By: Darren Baker
Word On The Street- Property South

Imposition of stamp duty surcharges, EU referendums and political turmoil, both at home and abroad, do not make for a particularly straightforward environment in which estate agents, investors or homeowners tend to prosper. However, as we now look back over the course of the year, we know that values have held firm and in fact increased in most areas, the economy has remained stable and the outlook for 2017 is more positive than many might have expected. Article 50, the beginning of a new American administration and French and German elections are on the agenda for next year, but while the economy remains robust, supply in the property market remains low and demand is high as interest rates continue to hold at record low levels, we believe that the coming year will be full of opportunity within the London market as people look for a safe place to invest.