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Hope Capital's CEO comments on the CML's latest figures PDF Print E-mail
Thursday, 15 June 2017
Jonathan Sealey, CEO at Hope Capital, says: “In light of the snap general election announcement in mid-April, it’s no surprise that home buyer activity in April was down on the previous month, as uncertainty and instability once again plagued the market. Understandably many buyers and sellers adopted the wait and see approach. However, let’s not forget that these figures are still being affected by the weakness in the market following last year’s stamp duty changes. 

“Although the housing brief may well take a bit of backseat for now following the hung parliament, I am confident that due to attractive mortgage rates and deals and the continuing imbalance between housing supply and demand, first-time buyer and remortgaging activity will once again maintain momentum as we begin to head into the summer months.”

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