Joscelyne Chase

Property Market Overview for December 2016

Joscelyne Chase | 02/12/16   Paul Bird MRICS

Our thoughts on the current property market. 

We are into the last month of 2016, and what a year it has been. We are very excited to announce our year of celebration in 2017 for our 240th anniversary so keep an eye out for our events and fundraisers throughout the year. 

Our Sales department has been involved with a number of new build residential schemes in the area to great success. On top of that, we continue to work hard for our buyers and sellers of existing homes in the area. With demand outstripping supply, we've seen many of you aren't scared to dabble with renovation work to achieve your ideal home. 

The Lettings industry has had a hard time this year with the introduction of numerous pieces of legislation for landlords, but this does not seem to be putting off the seasoned investor. What we have noticed is that investors have diversified in the types of property they want to acquire in terms of looking at hassle free new builds which come at a premium, or larger family suited homes. However 2 bedroom houses seem to remain the most popular. 

On the Commercial property side, we are still working on those new industrial developments we keep talking about. Interestingly, we have been able to introduce a number of occupiers at very early stages, which seems to be encouraging developers to build speculatively. It can be very difficult for occupiers of smaller buildings to find new units so anything built under 5000 sqft will be welcomed with open arms. On the office side we continue to encourage large companies into the area. The local council are keen to try overcome issues in order to make Braintree and the surrounding areas more enticing for companies to move to. 

The professional services and management department have also taken on an increasing work load over the year. Our affiliation with the RICS and three very experienced surveyors all working under one roof, reinforces the message that Joscelyne Chase are the agents of choice within Braintree and surrounding area. 

Whatever your property requirement -  contact leading property consultants Joscelyne Chase on 01376 322222.