News reports tell us that these are uncertain times in the housing market, with property prices levelling off, or even falling, in some areas, while other parts of the country see continued growth. Calls to reform the conveyancing system to make the process smoother and cheaper, stricter regulation of estate agents, and demands for changes to leasehold laws have all had an impact. And the continuing uncertainty surrounding Brexit, with the effect this may have on job security, has naturally led buyers and sellers to hold back.
However, we should remember that buying or selling a property is much more than a financial investment for most people. We will always need to move house for non-financial reasons, whether it is for more space to accommodate a growing family, downsizing after children have moved on, or changing location for work. In such cases people are not just buying a property – it is their home for the foreseeable future, and maybe even for the rest of their lives.
Many different elements make up the perfect home, and these naturally vary from person to person. We may value living space, proximity to work or schools, a large garden, or being close to family or friends. All these factors work together to create a happy home. Life goes on regardless of politics, law reforms, or the state of the economy. For the vast majority of the population their property is much more than bricks and mortar: it is their Home, Sweet Home.