Dec 2014 rics uk residential market survey

rics.org/economics

Net balance data include: house prices (last 3 months), new buyer enquiries (last month), new vendor instructions (last month), agreed sales (last month), price expectations (3 and 12 months ahead), sales expectations (3 and 12 months ahead), tenant demand (last 3 months), new landlord instructions (last 3 months) and rent expectations (3 months ahead). Levels data include: average stock per surveyor and average sales per surveyor (last 3 months). % data include: price and rent expectations at the 1 and 5 year (expected annual average) horizons and average perceived LTVs for first-time buyers, buy-to-let landlords and existing owners. Headline results cover England and Wales only. Excludes Scotland and Northern Ireland. See next page for notes to editors and final page for other information. To receive the PDF free of charge on the morning of the embargo date, email: [email protected]

Residential Market Survey December 2014

Demand Remains Sluggish But Surveyors Expect Boost from Stamp Duty Reform • Buyer enquiries decrease for the sixth consecutive month • Supply conditions remain tight as new instructions slip again • Yet confidence in the sales outlook improves somewhat The December RICS Residential Market Survey shows that buyer enquiries decreased for the sixth consecutive month with the headline national figure masking a very mixed picture across different parts of the UK. While there does not appear to have been any immediate response in demand resulting from the recent changes to the Stamp Duty structure, respondents expect the reforms to result in an increase of around 2%-5% in both prices and sales volumes over the coming twelve months, according to the December survey. The headline RICS price balance, reflecting the change in price over the previous three months, continued to trend lower and recorded a value of 11 in December. The price balance softened in most parts of the UK with the London reading recording its fourth consecutive negative value, at –36. Scotland and Northern Ireland registered the highest price rises in December and it is these areas, along with East Anglia and the North West of England that have the strongest projections for price growth, at both the three and twelve month horizons. Near term price expectations improved over the month, with the headline balance climbing to 15 from 4 in November while at the twelve month horizon the outlook also improved slightly, with the net balance moving to 54 from 49 previously. Meanwhile, new instructions fell across most parts of the UK. The combination of sluggish demand and fewer properties coming on to the market are helping to keep sales levels muted. The RICS agreed sales net balance showed stable activity levels in December, following the falls that had been seen over the previous four months but sales expectations remain positive. While near term sales expectations have moderated, with the London balance drifting back into negative territory, the twelve month outlook has actually strengthened in most parts of the UK. At the national level contributors expect the recent changes to the Stamp Duty system to have a positive impact on both sales and prices in the year to come. However this opinion is not shared by respondents across all regions. Indeed, in London the results suggest that the changes will have a negative impact and estimates are that the new system could result in sales volumes that are between 5%-10% lower and prices that are between 2%-5% lower than they otherwise would be. However, this figure for London as whole masks the impact of the policy change across boroughs and across types of property. Given that the price at which the policy change begins to negatively impact the buyer is £937k, it is only larger homes or properties in more prime areas that are likely to incur a negative effect. The December survey is in some way reflective of this as it points to a more positive price outlook for smaller London properties (one and two bedrooms) than larger ones (three and four bedrooms). Respondents’ reported ‘perceived LTV ratios’ to have been broadly stable across all categories of buyer over the month although in each case lending conditions are more restrictive than in early 2014. Indeed the Bank of England Credit Conditions Survey for Q4 highlights a reduction in the willingness of lenders to supply mortgages at high LTV’s and maximum LTI ratios fell over the quarter. However, mortgage rates have been drifting down in recent weeks, which may provide some support for the market. Meanwhile, contributors to the survey highlight political uncertainty as a potential challenge for the market ahead of the upcoming general election.

Simon Rubinsohn Chief Economist Tel: 020 7334 3374 [email protected]

RICS ECONOMICS

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Notes to editors About: • The RICS Residential Market Survey is a monthly sentiment survey of Chartered Surveyors who operate in the residential sales and lettings

markets. Regions: • The ‘headline’ national readings cover England and Wales. • Specifically the 10 regions that make up the national readings are: 1) North 2) Yorkshire and Humberside 3) North West 4) East Midlands 5)

West Midlands 6) East Anglia 7) South East 8) South West 9) Wales 10) London. • The national data is regionally weighted. • Data for Scotland and Northern Ireland is also collected, but does not feed into the ‘headline’ readings. Questions asked: 1.Total sales over last 3 months i.e. post contract exchange (level)? 2.Total number of unsold houses on books (level)? 3.Total number of sales branches questions 1 & 2 relate to (level)? 4.How have average prices changed over the last 3 months? (down/ same/ up) 5.How have new buyer enquiries changed over the last month? (down/ same/ up) 6.How have new vendor instructions changed over the last month? (down/ same/ up) 7.How have agreed sales changed over the last month? (down/ same/ up) 8.How do you expect prices to change over the next 3 months? (down/ same/ up) 9.How do you expect prices to change over the next 12 months? (down/ same/ up) 10.How do you expect sales to change over the next 3 months? (down/ same/ up) 11.How do you expect sales to change over the next 12 months? (down/ same/ up) 12.How has tenant demand changed over the last 3 months? (down/ same/ up) 13.How have landlords instructions changed over the last 3 months? (down/ same/ up) 14.How do you expect rents to change over the next 3 months? (down/ same/ up) 15.How do you expect average house prices, in your area, to change over the next 12 months? (% band, range options) 16.What do you expect the average annual growth rate in house prices will be over the next 5 years in your area? (% band, range options) 17.How do you expect average rents, in your area, to change over the next 12 months? (% band, range options) 18.What do you expect the average annual growth rate in rents will be over the next 5 years in your area? (% band, range options) 19.What do you perceive to be average LTVs currently being offered in the market for first-time buyers? (% band, range options) 20.What do you perceive to be average LTVs currently being offered in the market for existing owners? (% band, range options) 21.What do you perceive to be average LTVs currently being offered in the market for buy-to-let landlords? (% band, range options) • Questions 15-18 are broken down by bedroom number viz. 1-bed, 2-bed, 3-bed, 4-bed or more. Headline readings weighted according to CLG

English Housing Survey. Net balance data: • Net balance = Proportion of respondents reporting a rise in prices minus those reporting a fall (if 30% reported a rise and 5%

reported a fall, the net balance will be 25%). • The net balance measures breadth (how widespread e.g. price falls or rises are on balance), rather than depth (the magnitude of e.g. price

falls or rises). • Net balance data is opinion based; it does not quantify actual changes in an underlying variable. • Net balance data can range from -100 to +100. • A positive net balance implies that more respondents are seeing increases than decreases (in the underlying variable), a negative net balance

implies that more respondents are seeing decreases than increases and a zero net balance implies an equal number of respondents are seeing increases and decreases.

• Therefore, a -100 reading implies that no respondents are seeing increases (or no change), and a +100 reading implies that no respondents are seeing decreases (or no change).

• In the case of the RICS price balance, a reading of +10 should not be interpreted as RICS saying that house prices are going up by 10%, but that 10% more surveyors reported increases rather than decreases in prices (over the last three months).

• A change from +30 to +60 does not mean that the variable grew by 30% in one period and by 60% in the next period, but it does indicate that twice as many surveyors reported an increase compared to a decrease than in the previous period.

• Likewise, if we get a reading dropping from +90 to +5, this still means that more respondents are reporting increases than decreases overall, but the breadth of those reporting increases has fallen dramatically; meanwhile, a shift in the reading from -90 to -5 still means that more respondents are reporting decreases than increases overall, but the breadth of those reporting decreases has fallen dramatically.

Seasonal adjustments: • The RICS Residential Market Survey data is seasonally adjusted using X-12. Number of contributors to this month’s survey: • 313 (corresponding to 577 branches)

Next embargo date: • 12th February 2015 (second Thursday)

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Sales market charts

Prices national regional

enquires national

enquires regional

instructions national instructions regional

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Sales market charts

Agreed sales national

Agreed sales regional

Price expectations national

Price expectations regional

Sales expectations national Sales expectations regional

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Sales market charts

Sales per surveyor national Sales per surveyor regional

stocks per surveyor national

stocks per surveyor regional

Ss ratio national Ss ratio regional

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Lettings market charts

Tenant demand national

Landlord instructions national

Rent expectations national

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LTVs, expectations & other data

LTVs Price expectations

Rent expectations

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Surveyor comments - Sales

North

Andrew Holmes BSc (Hons) Dip Surv MRICS, Thomson Hayton Winkley Estate Agents, Kendal, 01539 815700 - The festive period has seen a slowing of the market across all price levels, however, all signs are pointing to a busy start to 2015 helped by the new Stamp Duty Land Tax implications and the continuing improvements in confidence.

Edward Seymour, Edwin Thompson, Berwick upon Tweed, 01289 304432, edwinthompson.co.uk - The market quietened over Christmas as expected - hopefully more instructions will come to the market this spring as supply is currently lower than last year

Mr T H Brannen FRICS, Brannen & Partners, Coastal / Newcastle upon Tyne, 0191 2517878, www.brannen-partners.co.uk - Very positive sales figures for 2014. Roll on 2015.

Simon Bainbridge, Smiths Gore, Darlington, 01325 370 500, smithsgore.co.uk - The year closed with some uncertainty following a positive start in the Spring which faded towards the end. The looming General Election will not help the market in the New Year.

Stephen Holland FRICS, Carter Jonas, Cumbria - The Stamp Duty overhaul has been well received but there are losers in the mid lower and upper price bands who are reviewing whether they sell or hold. The hope is this kills off all talk of a mansion tax.

Yorkshire & Humberside

Alex McNeil, RICS Registered Valuer, Bramleys, Huddersfield, 01484 530361, www.bramleys.com - A busy period of market activity is predicted over the first 6 months of 2015 with post-election slowdown anticipated during the latter part of the year

Andrew Turner MRICS, Smiths Gore, York, 01904 756303, www.smithsgore.co.uk - We start the year with so many conflicting factors making predictions very difficult. On the plus side we have the Stamp Duty reform, countered by the uncertainties of the election, London running out of steam, and desperate problems in the Eurozone.

Christopher R.Jowett BSc MRICS, Jowett Chartered Surveyors, Huddersfield, 01484 536799, Jowett-huddersfield.co.uk - Active December compared to previous years.

Ian Adams MRICS, Metropolis Surveyors, Kingston upon Hull, 07703329933 - Stamp Duty will improve activity in this low priced area.

Ian Briggs FRICS, Dacre, Son & Hartley, Ilkley, 01943 600655 - Whilst Stamp Duty reforms are welcome, wage growth within the region remains negligible due to an infinite supply of labour at minimum wage levels. Any house price increase in real terms consequently eludes the region.

James Brown MRICS, Norman F Brown, Richmond, 01748 822473, normanfbrown.co.uk - Quiet sales month as expected. Looking forward to January.

John Haigh MRICS, Lister Haigh, Knaresborough, North Yorkshire, 01423 860322, www.listerhaigh.co.uk - Changes to National Planning Policy in respect of the Affordable Home Requirements have increased interest in plots for development from self build applicants.

Ken Bird MRICS, Renton & Parr, Wetherby, 01937 582731, www.rentonandparr.co.uk - Strong finish to the year but stock levels are down which will put pressure on asking prices in the first 3 months as agents fight for new instructions.

M J Hunter MRICS, Grice and Hunter, Doncaster, 01302 360141, www.gricehunter.co.uk - As usual December is a decent month for completions but almost completely lacking in any new meaningful business.

Mike Darwin MRICS, M W Darwin & Sons, Northallerton, 01609 773567, www.darwin-homes.co.uk - Market has slowed, fewer instructions due to the time of year.

North West

Andrew Duncan MNAEA, J B & B Leach, St Helens, 01744 22816, www.jbbleach.com - Slower transactions during December as expected, however, January has been very positive so far.

Chris Cockwill MRICS, Cockwill & Co, Southport, 01704 827075, www.cockwill.co.uk - December was surprisingly busy with deals being agreed. However, there has been a lengthy delay in completions of previously agreed deals.

Derek Coates MRICS, Venmore, Liverpool, 0151 236 0301, www.venmores.co.uk - A quiet month in the lead up to Christmas. Some external economic factors give cause for concern over the next twelve months

John Halman FRICS, Gascoigne Halman, Wilmslow, 01625 460344 - The market is desperate for new instructions which is likely to bring houses for sale at higher asking prices as people try their luck. It will be interesting to see if this results in a rise in values.

John Williams FRICS, MEWI, Brennan Ayre O'Neill LLP, Wirral, 0151 343 9060, www.b-a-o.com - Although the market performed well in 2014 it is too early to tell if sentiment will be affected by the forthcoming election.

Richard Powell FRICS, Ryder & Dutton, Oldham, 0161 925 3232, www.ryder-dutton.co.uk - There is no doubt that the sales market was not as strong in the second half of 2014. This is possibly due to pent up demand being released in late 2013 early 2014 by Help to Buy or the sentiment it created.

Stephen Farnsworth MRICS, Greater Manchester - New Stamp Duty bands are a favourable improvement for many although any tax on owner occupation to be paid post taxable income, is a clear disincentive to achieving the full potential of housing market productivity.

East Midlands

Chris Charlton BSc FRICS, Savills, Nottingham, 0115 9348020, www.savills.co.uk - A definite slowing of market sentiment towards the end of a very strong year. The Midlands market still looks positive for 2015.

Christopher Shallice FRICS FAAV, Hix & Son, Holbeach, 01406 422 777 - Steady but satisfactory considering the time of year.

David Hammond, David Hammond Chartered Surveyors, Eastwood, 01773 533666, www.david-hammond.co.uk - Very quiet month for general activity. Fewer properties coming onto the market.

David Hawke FRICS, David Hawke & Co., Worksop, 01909 531450 - A continued slowdown to the end of the year - even for December a poor result!!

Kirsty Keeton MRICS, Richard Watkinson & Partners, Newark, 01636 611811, www.richardwatkinson.co.uk - Sales seasonally down in December, the well time Stamp Duty Reform saved a few BOMS. Long term anticipate this will help the market in the East Midlands.

Mark Newton FRICS, Newton Fallowell, Grantham, 01476 591900, www.newtonfallowell.co.uk - The year ended on a whimper with new instructions like hen's teeth but sales happened all the way to the 24th. Big things are expected of 2015 but with the launch of Agent's Mutual, possible interest rate increases and an election to look forward to, it will be interesting.

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Neil Hunt FRICS, Wilkins Vardy Residential Limited, Chesterfield, 01246 270123, www.wilkins-vardy.co.uk - A far better December than was expected - undoubtedly due to the changes to Stamp Duty that gave the market a significant boost.

Nicholas Richardson FRICS, Nicholas Richardsons, Beeston, Notts, 01159 677589, www.nicric.co.uk - Black Friday & Xmas slowed the market. I detect uncertainty due to the General Election & demand might increase prior to it.

Nigel Paterson FRICS, Estate Agents Lincolnshire, Skegness, 01754 874445, www.estateagentslincolnshire.co.uk - Hoping for a happy & prosperous New Year.

Paul Perriam BSc (Hons) MRICS, William H Brown/Bagshaws Residential, Nottingham, 01332 542299, www.sequencehome.co.uk - Real optimism in the market following the Chancellor’s Autumn Statement. Evidence of more motivated buyers and sellers in December and high expectations for the 2015 market.

Peter Buckingham, Andrew Granger & Co, Market Harborough, 01858 431315, www.andrewgranger.co.uk - Stock levels across the board are the lowest for many years. Political uncertainty may deter some would be buyers testing the market, especially if they can't find anything to buy. However, those that do test the market are likely to be successful.

Peter Woodthorpe MRICS, Readings Property Group Ltd., Leicester, 0116 204 6157 - Despite generally lower levels of activity, sales held up surprisingly well in December. This may indicate an increased level of confidence on the part of buyers and bodes well for 2015.

Robert Bell FRICS, Robert Bell & Company, Horncastle - The activity this year slowed in November somewhat earlier than normal.

Steve Gadsby BSc FRICS, Gadsby Nichols, Derby, 01332 296396, www.gadsbynichols.co.uk - Typically quieter month in December on the usual seasonal pattern but welcome news on Stamp Duty will hopefully boost the market in the New Year. Main issue is still the lack of new instructions which could lead to house price increases.

West Midlands

A Champion FRICS, Halls, Worcester, 01905 728444 - The reduced number of new instructions this month have been well received producing good sales - the new year looks prosperous.

Andrew Spittle, Ruxton, Solihull - There was a dip in sentiment between July and October last year that appears to have now been restored with signs of a stronger market into 2015. The level of demand is up and is being driven by a lack of new properties coming into the market.

Colin Townsend MRICS, John Goodwin, Malvern, 01684 892809, www.johngoodwin.co.uk - Very quiet market and a disappointing December compared to the same period last year. Shortage of new stock. The change to Stamp Duty rates will help but we do not believe it will necessarily impact onto prices

Ian Bullock MRICS, Carpenter Surveyors Ltd, Birmingham, 0845 644 6691, www.carpenter-surveyors.com - Introduction of Stamp Duty reforms will bring back some much needed activity and confidence in the Housing market!

J. J. Dell MRICS, FAAV, J J Dell & Co, Oswestry, 01691 653437, www.jjdell.co.uk - The market has slowed down as usual for this time of the year. The changes in the Stamp Duty bands will help with pricing and negotiating sales, where we won't have to deal with the slabbing effect.

John Andrews FRICS IRRV, Doolittle & Dalley, Kidderminster, 01905 728444 - A quiet month as is to be expected before Christmas. However, slight boost prior to Christmas brought about through changes in Stamp Duty rates. Outlook for 2015 looks promising.

John Andrews FRICS IRRV, Doolittle & Dalley, Stourport, 01905 728444 - A shortage of property for sale is creating greater demand, likely to result in price increases. More property needed to satisfy demand.

John Andrews FRICS IRRV, Doolittle & Dalley, Bridgnorth, 01905 728444 - Encouraging boost to sales likely due to alterations in Stamp Duty. Levels of activity better than normal for pre Christmas period. Outlook for 2015 looks promising.

John Andrews FRICS IRRV, Doolittle & Dalley, Bewdley, 01905 728444 - More property needed in anticipation of increased enquiries at beginning of 2015. Smaller town properties are popular and selling well.

John Ozwell FRICS, Hunters, Solihull, 01564 771000 - Market slower as usual in December. MMR needs to loosen off a little - the criteria is just a little too tight now.

Mike Arthan FRICS, Barbers, Shropshire - More sales in December than expected. Market would benefit from plenty of New Year instructions..

Richard Franklin MRICS, Franklin Gallimore, Tenbury Wells, 01584 810436 - No immediate response to Stamp Duty reform, but will avoid issues in the future. New build, which has been missing from local market for well over ten years will be an interesting dynamic in 2015.

Ryan R. Williams, McCartneys LLP, Hay-on Wye and area., 01497 820 778, www.mccartneys.co.uk - Sales sluggish due to time of year. Not enough good buyers around in a position to proceed. Stamp Duty changes may help some properties near the old duty steps.

Stephen Smith MRICS, Fraser Wood, Walsall, 01922 629000 - The time taken for buyers requiring mortgage finance is lengthening and we are finding a number of valuers are being over cautious and we have received several £0 valuations on properties. For the time of the year, there are still a number of viewings taking place with subsequent offers holding steady up to the Christmas period.

East Anglia

Alan Williams, Fenn Wright, Colchester, 01206 216551, www.fennwright.co.uk - The market has been running true to seasonal form but we now expect a better start to the new year than we might have anticipated following the Stamp Duty reform in the Autumn statement.

Andrew Wagstaff MRICS, Bedfords, Burnham Market-North Norfolk, 01328 730500, www.bedfords.co.uk - Market activity very quiet, probably due to the seasonal effect.

Christopher Philpot BSc FRICS, LAcy Scott & Knight, Stowmarket, 01449 612384 - As expected, December was a little quieter at the end of a very busy year.

David Knights MRICS, David Brown, Ipswich, 01473 222266 - A very quiet month with few viewings and even fewer new instructions. Hopefully stock levels will rise early in the New Year and at sensible prices.

Jan Hytch FRICS, Arnold Keys LLP, Norwich, 01603 620551 - As we approached the Christmas market, things did slow down, however I expect this to improve as we go into 2015.

Jeffrey Hazel FRICS, Geoffrey Collins & Co., Kings Lynn, 01553 774135 - A very quiet pre Xmas period. Very few new instructions and limited demand - Hurry up January!

Mark Wood MRICS, Bradshaws, Cambridge, 01223 403330, www.bradshawsresidential.co.uk - Typical December with all sectors of the market quiet.

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Richard Bannister FRICS, Bannister & Company, Felixstowe, 01394 282828 - We are seeing the most activity and the largest price rises in the starter end of the market. First-time buyers and buy to let investors are competing for the same properties, and there is a drop in supply, further increasing competition.

Rob Swiney MRICS, Lacy Scott and Knight, Bury St Edmunds, 01284 748636, www.lsk.co.uk - Market for December was busy especially for town centre stock (Bury St Edmunds) where there is still strong demand and usually several buyers after each property.

South East

Anthony Jamieson MRICS, Clarke Gammon Wellers, Guildford, 01483 880905 - Still a shortage of stock. Stability in the market. Prices are level.

Anthony Webb FRICS, Trenchard Arlidge, Cobham, Surrey, 01932 864242, www.trenchard-arlidge.co.uk - Exceptionally high Stamp Duty for the higher value properties will inevitably cause this section of the market to stagnate. The lower ranges will benefit from the boost of lower Stamp Duty.

C Rutland FRICS, Rutland Chartered Surveyors, Southampton, 023 8066 3451, rutland-surveyors.co.uk surveyorlymington.co.uk - Sales are now slow and price changes muted. Stamp Duty changes at the two lower thresholds will lead to price creep above those levels resulting in significant % increases at the lower band.

David Nesbit FRICS, D.M.Nesbit & Company, Portsmouth, 023 9286 4321, www.nesbits.co.uk - A quiet finish to 2014.The Stamp Duty changes are positive though the thresholds could have been improved. 2015 will be tested by the General Election which will affect activity.

David Parish FRICS, Gates Parish & Co., Upminster, 01708 250033 - Existing stock is selling but there is a shortage of new instructions.

Hugh Tucknott, Parsons Son & Basley, Brighton and Hove, 01273 326171, www.psandb.co.uk - I think any potential short term benefits from the changes in Stamp Duty will be outweighed by the nervousness over the General Election, but in the long term I think the changes will lessen the London effect on the rest of the country.

Ian Denton MRICS FAAC, Jackson-Stops & Staff, Woburn, 01525 290641, www.jackson-stops.co.uk - The introduction of SDLT produced a flurry of activity in executing exchange of contracts prior to the midnight deadline. It just shows that the legal profession can speed up transactions when the need arises.

Ian Perry FRICS, Perry Bishop and Chambers, Faringdon Lechlade Highworth Shrivenham Witney, 01285 655355, www.perrybishop.co.uk - December much busier than expected. Stamp Duty was another shot of confidence for the market

James Crawford BSc MRICS, Knight Frank LLP, London/ Home Counties, 0207 861 1065, knightfrank.com - We had a rush of exchanges on the Stamp Duty day. There is some early market activity which is encouraging.

James Scott-Lee FRICS, Chancellors Group of Estate Agents Ltd, London, Home Counties, Herefordshire and Powis, 01344408100, chancellors.co.uk - Usual seasonal slow down.

Jeremy Q Fisher, The Frost Partnership, Langley, 07776 297202, www.frostweb.co.uk - Langley has seen a slowdown in tenant and landlord activity during December. However the quality of those enquiries has been high and a good number of lets were agreed.

John Frost MRICS, The Frost Partnership, Ashford, 01494 680909, frostweb.co.uk - A very typical, quiet December. Promising signs for the New Year though with higher than expected market appraisals.

John Frost MRICS, The Frost Partnership, Beaconsfield, 01494 680909, frostweb.co.uk - The market remains active. With the new Stamp Duty changes there will potentially be more properties coming to the market. The town market will be reactivated in the New Year.

John Frost MRICS, The Frost Partnership, Burnham, 01494 680909, frostweb.co.uk - Busier than usual over the Christmas period. Positive start to 2015.

John Frost MRICS, The Frost Partnership, Gerrards Cross, 01494 680909, frostweb.co.uk - Christmas! Stamp Duty changes should prove positive to sub £1 million properties - but election is on peoples mind.

John Frost MRICS, The Frost Partnership, Langley, 01494 680909, frostweb.co.uk - Although limited new instructions, there is limited people viewing which has led to a good level of sales in December.

John Frost MRICS, The Frost Partnership, Staines, 01494 680909, frostweb.co.uk - The time of year is making the market slow. The Stamp Duty changes should help the market pick up next year as £300-£650,000 is our core market.

John Frost MRICS, The Frost Partnership, Windsor, 01494 680909, frostweb.co.uk - Better level of instructions compared to December 2013. Very limited number of viewings although these led to an encouraging level of sales.

John Woolley, Woolley & Wallis, Fordingbridge, 01722 424512, www.w-w.co.uk - Quiet.

M S Eshelby MRICS, Latchmere Properties Ltd, Dorking - There is no denying that the recent changes in Stamp Duty will have a detrimental effect on the volume of transactions and pricing in the coming months. The extent of the effect is as yet unknown but it will be most severe in London and the south east.

Martin Allen MRICS, Elgars, Wingham, Canterbury, 01227 720557, www.elgars.uk.com - As expected, a quiet month and with the start of electioneering in earnest by the political parties, we expect the first part of the year until the end of May to also be quiet.

Martin Seymour BSc FRICS, Crow Watkin, Reigate, 01737 245886 - Quiet December market with relative shortage of stock and measured demand from prospective buyers.

Michael Brooker FRICS, Michael Brooker, Crowborough East Sussex, 01892-663377, michaelbrooker.co.uk - General Election likely to soften the market until May.

Mike Hewson FRICS, Hopward Cundey, Lingfield, 01342 833333, www.howardcundey.com - Usual disruption to market activity over the festive period but a bit more going on than might have been expected. Good exchanges but new sales low. January promises to be busy for viewings

Roderick Baker FRICS, Fell Reynolds, Folkestone, 01303 850125 - Typically slow December market, but new instructions are still lower than expected.

South West

David J Dark FRICS, Seldons Estate Agents, Bideford, 01237 477997, www.seldons.co.uk - Despite seasonal slowdown, a good number of sales were still agreed in December. Expect an upturn in the New Year, as demand still outstrips supply in some sectors of the market. Stamp Duty changes will also provide a boost to the market.

David McKillop FRICS, McKillop and Gregory, Salisbury - A very quiet month with hardly any new stock coming on to the market. Fees are being slashed and values overblown because of this. Lots of sales reached exchange which was good news.

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Graham Thorne FRICS FCIOB, Thornes Chartered Surveyors, East Dorset, 01202 684004, www.thornes.org.uk - A very good conclusion to the year but instruction levels would suggest a slow down in the new year.

Ian Perry FRICS, Perry Bishop and Chambers, Cheltenham Cirencester Stroud Nailsworth Tetbury, 01285 655355, www.perrybishop.co.uk - A much better December than expected. Stamp Duty gave another shot of confidence to the market

James Wilson MRICS, Jackson - Stops and Staff, Shaftesbury, 01747 850858, www.jackson-stops.co.uk - The market remained surprisingly resilient in the final quarter after a weak September.

Jeff Cole MRICS, Cole Rayment & White, Wadebridge, 01208813595, www.crw.co.uk - December was unusually busy with some good sales agreed. Instructions are low as we would expect but we are hopeful of more instructions in the new year.

John Corben FRICS FCIArb, Corbens, Swanage, 01929 422284, corbens.co.ukj - As anticipated, the property market has slowed during the winter months, but we expect demand to return in the Spring with a probable uplift in values during the course of 2015 of some 6-8%.

John Woolley, Woolley & Wallis, Salisbury, 01722 424512, www.w-w.co.uk - Quiet.

Mark Annett FRICS, Mark Annett & Company, Chipping Campden, 01386 841622 - We have been surprisingly busy despite the Christmas season. Prices are holding up well and hopefully 2015 looks good.

Matthew Harvey MRICS, Tayler and Fletcher, Cotswolds, 01451820913, www.taylerandfletcher.co.uk - Stamp Duty changes starting to have a positive impact on the market which is countering the negative impact of wider economic concerns and the impending

election. Likely to be a busy January and February and then probably quieter.

OF Miles FRICS, Oliver Miles, Swanage, 01929 426655, www.olivermiles.co.uk - As normal, a quiet month although the period between Christmas and the New Year was busier than normal. I expect the Stamp Duty Reform to have a positive effect on the market particularly between £250,000 & £300,000.

Peter Olivey MRICS, Cole Rayment and White, Padstow, 01841 533386, www.crw.co.uk - A solid finish to 2014 has been backed up by a brisk start to 2015, with an increase in sales noticeable in excess of £250,000 due largely to the Stamp Duty reforms.

Peter Sinclair, MSc MRICS, Connells Survey and Valuation Ltd, Cheltenham, Gloucester and the Cotswolds - Houses prices are beginning to slow down in most of the areas covered, however, there are still localised patches within Cheltenham and the Cotswolds which are still seeing more significant increases in values.

Richard Addington MRICS, Savills, Devon, 01392 455755, www.savills.com - Proposed rises in Stamp Duty at the top end of the market created a hiatus of activity in the hours before midnight on the 4th Dec with the inevitable lull in the weeks/ months that will follow.

Robert Cooney FRICS, Robert Cooney Chartered Surveyors & Estate Agents, Taunton, 01823 230230, [email protected] - Despite much reduced front end activity with low instructions and viewing levels, sales have held up remarkably well with late buyers taking lower-end bargains, averaging 94% of latest asking price (90% of original asking price) v YTD 96%.

Roger Punch FRICS, Stags, Plymouth, 01752 223933, www.stags.co.uk - Sales in December 2014 were significantly up on December 2013. We hope that the New Year will produce a

corresponding increase in fresh instructions.

Simon Cooper FRICS, Stags, Exeter, 01392 255202, stags.co.uk - December has been typically quiet with sales. In 2014 the number of sales in our office were up by 1% with turnover up by 12%.

TJ Maggs MRICS, Maggs & Allen, Bristol, 01179734049, www.maggsandallen.co.uk - The market £1m+ market has been killed off by unfair Stamp Duty.

Wales

Andrew Morgan FRICS, Morgan & Davies, Lampeter, 01570 423623 - Still very patchy with no prevailing trends apparent. We suspect some mid market sectors (£200-£350K) will continue to come under pressure to reduce prices.

Anthony Filice FRICS, Kelvin Francis Ltd., Cardiff, 02920766538, www.kelvinfrancis.com - Seasonal slowdown in market activity in December, as expected. New Stamp Duty levels are providing a welcome boost to the average family and should bolster confidence in the New Year.

David E Baker FRICS, David Baker Co Ltd., Penarth, 02920 702622 - The market is now quiet due to the time of the year. Reform of Stamp Duty will help the market in the New Year, but not greatly.

David James, David James, Brecon, 01874 623496, jamesdean4property.co.uk - December quieter than other months, as expected, although better than last year.

Giles Birt BSc MRICS, Birt & Co, Tenby, 01834 842204, www.charlesbirt.co.uk - Run up to Christmas is seasonally a time of low activity

Iestyn W M Leyshon FRICS, Lloyd, Herbert & Jones, Aberystwyth Wales, 01970 612559, lhj-property.co.uk - We have a very seasonal market, active in the middle six months of the year.

John Roger Davies MRICS, JJ Morris, Cardigan, 01239612343 - Seasonal lull in enquiries and instructions. Stamp Duty refinements will

help in an area such as ours , where £250,000 threshold created a glass ceiling and property worth £260/265 were penalised because of the extra £5k tax.

P.K.Lucas FRICS, R.K.Lucas & Son, Haverfordwest, 01437762538, www.rklucas.co.uk - The market has declined significantly in activity and there are currently limited stirrings. Stamp Duty alterations will help but by how much is very uncertain.

London

Alun Jones MRICS, Marler & Marler, Knightsbridge, 020 7235 9641 - Some reticence as is usual approaching an election, especially with the Mansion Tax threat. Although, well priced stock is still selling.

Brendon Thomas MRICS, Maitlands Acorn Professional Ltd, Tower Hamlets,Hackney,City,Newham, 08456344187, www.mapsurveyors.co.uk - Even at this time of year, the SDLT changes have resulted in a marked uplift in demand in certain areas. This, allied with continuing regeneration and cheap finance, should underpin good demand throughout most of my patch in 2015.

Charles Puxley, Jackson-Stops & Staff, Chelsea, 020 7581 5881 - There will be a very cautious start to 2015 in the central London property market. Vendors appear reluctant to market their properties in the expectation of having to take significantly lower offers.

J Perris, MRICS, De Villiers, Central London, 020 7887 6009, www.devilliers-surveyors.co.uk - The market remains relatively quiet with the MMR and more recently changes to the Stamp Duty levels having a further affect on an already subdued Central London market.

James Gubbins MRICS, Dauntons, Pimlico, 02078348000, www.dauntons.co.uk - Instruction numbers have increased and with that an increase in buyer activity. Asking prices are being adjusted and offers are being made.

12



Jeffrey Doble MRICS, Thamesview (Incl. Dexters Estate Agents), Twickenham, 020 8614 1228 - Normal market resumed, a very encouraging autumn and the expectation of a strong start to 2015.

Jeremy Leaf RICS, Jeremy Leaf & Co, Finchley, 02084464295, www.jeremyleaf.co.uk - We found the month started relatively slowly for buyer enquiries, viewings, sales, listings, etc but ended quite strongly especially for property at the lower end of the market, possibly partly in response to Stamp Duty changes.

John King FRICS, Andrew Scott Robertson, Wimbledon, 020 8971 4990 - A good number of viewings followed by an above average number of offers. However, not much to show for such effort as vendors switch off for Xmas. Positive signs for New Year.

John King FRICS, Andrew Scott Robertson, Merton, 020 8971 4990 - Overall the year ends on a low, having seen such activity levels at the beginning of the year subside. However the market is resilient enough to hold its own in 2015.

Keith Barnfield FRICS, Barnfields, Enfield, 020 8363 3394 - December is traditionally a quiet month. We do not envisage the frenzied start that we saw last year.

Leung Mei Po Mabel, Soundwill, Hong Kong - Unseasonable weather.

Paul Whitley, R Whitley & Co., West Drayton, 01895 442711 Reduction in SDLT has, in particular, assisted first time purchasers. The impending arrival of Crossrail in 2018/2019 is already stimulating the market.

Peter Rollings FRICS, Marsh & Parsons, London, 02088463496, www.marshandparsons.co.uk It's no surprise that December was a quiet month for new buyers in the market, however we were pleasantly surprised at the number of sales agreed.

Robert Green MRICS, John D Wood & Co., Chelsea, 020 7352 1484 - The Stamp Duty changes come as a surprise, and in the short term some vendors will have to share the burden, until the new rates are accepted as normal. This may well reduce the volume of transactions as the cost to trade is so high.

Simon Aldous MRICS, Savills, London, 02070163861, Savills.com - The SDLT reforms meant we had a last minute rush to exchanges on Wednesday 3rd December. A number of prices (over £2m) had to be renegotiated. Generally the market is now very quiet.

Scotland

Alexander Inglis, CKD Galbraith, Scottish Borders, 01573 224 244, www.ckdgalbraith.co.uk - We have been encouraged by increased registrations, viewings and sales over the last year and we have also seen shorter selling times. The reopening of the Borders Rail Link with Edinburgh in September should help the market in the Central Borders.

Craig Henderson, Graham & Sibbald, Glasgow and West Scotland, 0141 332 1194, www.g-s.co.uk - The higher priced properties where the Stamp Duty changes are most marked are likely to see buyers most active to agree sales prior to the Stamp Duty changes. This is unlikely to affect the lower priced properties.

Eric H Curran, DM Hall LLP, Glasgow, 0141 332 8615, www.dmhall.co.uk - The General Election will be another distraction for the housing market. Confidence may be undermined by political point scoring.

Graeme J Lusk BSc MRICS Reg Valuer, Graham + Sibbald, East & North Ayrshire/Eastern Dumfries & Galloway, 01563 528000, www.g-s.co.uk - The Market has slowed down as is its norm in December. I am reasonably optimistic that 2015 will see increases in Home Report instructions and sales volumes in Ayrshire and Dumfries & Galloway.

Greg Davidson MRICS, Graham + SIbbald, Perth, 01738 445733, www.g-s.co.uk - The market should start reasonably well for lower value properties but the changes to Stamp Duty and then LBTT in Scotland from April will make higher value transactions a significant cost and this is likely to deter regular movers.

Iain Swayne BSc FRICS, D M Hall, Dunfermline and Environs, Kinross, 01383 621262 - Properties continued to sell through December at around Home Report value. Expecting an increase in properties coming to the market this month.

Ian Morton BSc (Hons) MLE MRICS, Bradburne & Co., St Andrews, 01334 479 479 - Into the New Year with mild weather and more purchasers than properties available. Expecting pick up in new properties to market.

Kevin Hay BSc MRICS, Allied Surveyors, Ayr, 01292 265381 - Slower time of year because of Christmas.

Kevin MacDonald MRICS, Graham + Sibbald, Inverness, 01463 236977, www.g-s.co.uk - December maintained a steady number of sales and new instructions with 2015 now eagerly awaited to determine whether the tax savings afforded by the changes in Stamp Duty will result in a corresponding rise in prices for those properties to benefit.

Robbie Buchanan MRICS, Graham + Sibbald, Kirkcaldy, 01592266211, www.g-s.co.uk - December has been quieter as expected. However there is generally a feeling of anticipation for improved market activity in January/2015.

Ronald G Smith MRICS, J&E Shepherd, Cumbernauld, 01236 780000, www.shepherd.co.uk - Local market sales demonstrated positive signs during autumn months, but arguably affected by low stock levels. Resupply in January will have a likely detrimental effect on sales prices as supply once again exceeds demand.

Thomas Baird MRICS, Select Surveyors Ltd, Glasgow, 0141-632-6589, www.selectsurveyors.co.uk - December is traditionally slower and that is the case as expected. Less properties coming to market is reflected in a slow down of survey instructions.

Northern Ireland

Bronagh Boyd MRICS, Digney Boyd, Newry, 02830833233, www.digneyboyd.co.uk - Sales have improved with seasonal highs and lows, there is a steady demand with a slow to steady supply of houses.

Julie Gibson AssocRICS, McClelland Salter, Lisburn - The market has experienced its usual seasonal lull but enquires have begun to increase.

Kirby O'Connor Assoc RICS, GOC Estate Agents, Belfast, 028 90 662 366 - The market has been strong although it quietened down early for Christmas in November.

Marcus Monger, Sibley Pares, Maidstone, 01622 692206 - Sub £200,000 properties may see an increase as people will have access to pension pots as from April and may see better returns than by purchasing an annuity.

Stephen Henry BSc Hons IAVI AssocRICS, Tom Henry & Co, Dungannon, 02887726992, www.tomhenryandco.com - The annual Christmas slump in the market seems to have happened earlier this year and been more profound.

Terry Finlay MRICS, Montgomery Finlay & Co., Enniskillen, 02866324485 - Winter period. Some seasonal slow down.

13


Surveyor comments - Lettings

North

Mr T H Brannen FRICS, Brannen & Partners, Coastal / Newcastle upon Tyne, 0191 2517878, www.brannen-partners.co.uk - The best lettings figures in 30 years of business. Again, we look forward to 2015 with aplomb.

Richard Towler MRICS, Eden Lettings & Management, Penrith, www.edenletting.co.uk - Though in an area with low levels of unemployment, the supposed "recovery" is not obviously being seen in people's disposable income after tax and affordability continues to be key issue, even though rents are not rising as they have done elsewhere.


Alex McNeil, RICS Registered Valuer, Bramleys, Huddersfield, 01484 530361, www.bramleys.com - Average tenancy term now longer than 5 years ago and tenant demand levels have been sustained in spite of a slowdown in rental growth in recent months.

Christopher Evans FRICS, Haller Evans, Hull, 01482 323033 - Inevitably the rental market slowed in November and December but a number of enquiries from prospective tenants were received 29/30/31 December, somewhat unexpectedly.

Christopher R.Jowett B.Sc. MRICS, Jowett Chatered Surveyors, Huddersfield, 01484 536799, Jowett-Huddersfield .co.uk - December lull with lower demand from tenants.

Ian Adams MRICS, Metropolis Surveyors, Kingston upon Hull, 07703329933 - Eastern Europeans still creating demand.

Ian Briggs FRICS, Dacre, Son & Hartley, Ilkley, 01943 600655 - Stable market but no real terms growth in prices or rents.

John Haigh MRICS, Lister Haigh, Knaresborough, North Yorkshire, 01423 860322, www.listerhaigh.co.uk - The market is still little affected by new market housing for sale as building of new homes is still patchy.

North West

Andrew Duncan MNAEA, J B & B Leach, St Helens, 01744 22816, www.jbbleach.com - Slow December but November was better and we feel the next 3 months will be positive too.

Caroline Thompson FRICS, Edwin Thompson LLP, Keswick - We operate in an area with high prices, but low rents (due to poorly paid employment in the tourism industry). This pushes rental values down.

Ed Goodwin, Wright Marshall, Northwich, 01606 41318, wrightmarshall.co.uk - Still a shortage of good properties to let.

John Halman FRICS, Gascoigne Halman, Wilmslow, 01625 460344 - Changes to Stamp Duty will encourage more first time landlords, but the election may slow things down a touch.

Richard Powell FRICS, Ryder & Dutton, Oldham, 0161 925 3232, www.ryder-dutton.co.uk - There has not changed a great deal over the last 12 months. Some Landlords have taken the opportunity to sell and local government has been interfering in the market with Selective Licencing.

East Midlands

Christopher Shallice FRICS FAAV, Hix & Son, Holbeach, 01406 422 777 - Steady. A good balance of supply and demand.

John Chappell, BSc.(Hons), MRICS, Chappell & Co Surveyors Ltd, Skegness, 01754 769673, www.skegnesssurveyors.co.uk - Skegness currently subject to the usual winter drift away of tenants. February should see improvement again.

Kirsty Keeton MRICS, Richard Watkinson & Partners, Newark, 01636 611811, www.richardwatkinson.co.uk - Noticeably more tenants in the market with a lack of good quality stock.

Nicholas Richardson FRICS, Nicholas Richardsons, Beeston, Notts, 0115 9 6 77 589, www.nicric.co.uk - We have had less interest from tenants & some rent reductions. Tenants are being very choosy!

Peter Buckingham, Andrew Granger & Co, Market Harborough, 01858 431315, www.andrewgranger.co.uk - The lettings market overall is healthy, with balanced supply and demand.

Rebecca Bulmer assocRICS, Bulmer Estates Ltd, Nottingham, 0115 969 6111, bulmerestates.co.uk - Very low level of activity during December largely due to the time of year, few available properties, few tenants looking for properties and lack of new instructions.

West Midlands

A Champion FRICS, Halls, Worcester, 01905 728444 - Still a strong demand but lack of new instructions to supply it.

Colin Townsend MRICS, John Goodwin, Malvern, 01684 892809, www.johngoodwin.co.uk - Very busy December on all fronts and perhaps surprisingly one of the best of the year.

Dean Taylor MRICS, Fishers, Harborne, Birmingham, 0121 4281000, www.Fishers.co.uk - There was still tenant demand late into December with people looking to occupy early January.

J. J. Dell MRICS, FAAV, J J Dell & CO, Oswestry, 01691 653437, www.jjdell.co.uk - In my view the market has cooled down with the run up to Christmas. There is usually an upsurge in demand in the New Year. Availability of good property has been less than in previous years.

John Andrews FRICS IRRV, Doolittle & Dalley, Kidderminster, 01905 728444 - A steady demand with many lettings being arranged before Christmas. Tenant activity still high, but more property needed.

John Andrews FRICS IRRV, Doolittle & Dalley, Stourport, 01905 728444 - A constant demand for good quality rented accommodation. Small houses more popular than flats. However, demand is good for both.

John Andrews FRICS IRRV, Doolittle & Dalley, Bridgnorth, 01905 728444 - Still a steady and constant demand for all types of rented accommodation. More properties needed to satisfy demand.

John Andrews FRICS IRRV, Doolittle & Dalley, Bewdley, 01905 728444 - Still a constant demand for many properties with more properties to let needed to satisfy demand.

John Ozwell FRICS, Hunters, Solihull, 01564 771000 - Demand consistent - too many agents chasing too few landlords.

Linda Daniel, Cartwright Hands, Nuneaton., 02476 350700 - Lettings continue to be very busy. New instructions are building up since New Year.

Martin Taylor MRICS, Gooch & Burley Ltd., South Herefordshire, 01531 822777 - Quiet for time of year, no "mad rush-ins before Christmas".

Mike Arthan FRICS, Barebrs, Shropshire - Still a good balance between supply and demand.

Richard Franklin MRICS, Franklin Gallimore, Tenbury Wells, 01584 810436 - Steady market. There is a trend for singles to house share rather than occupy single units, which has left a ready supply of one bedroom flats in the local area.

14



Ryan R. Williams, McCartneys LLP, Hay-on Wye and area., 01497 820 778, www.mccartneys.co.uk - Good flow of properties and tenants. Strong demand in most sectors.

Stephen Barber, Countrywide Residential Lettings, Stafford, 01785 212112 - Strong demand over last month and best December for a number of years.

Stephen Smith MRICS, Fraser Wood, Walsall, 01922 629000 - Despite the traditional lull associated with the festive period, demand remains strong.

East Anglia

Christopher Philpot BSc FRICS, LAcy Scott & Knight, Stowmarket, 01449 612384 - As prices increase for the purchases by landlords, rents must inevitably follow. Tenants seem unable to resist higher rents and charges.

Jan Hytch FRICS, Arnold Keys LLP, Norwich, 01603 620551 - Strong 6 months passed. Next 6 months likely to be quieter similar to last year. Pensions may spike some acquisitions.

Jeffrey Hazel FRICS, Geoffrey Collins & Co., Kings Lynn, 01553 774135 - Steady demand as always.

South East

Anthony Jamieson MRICS, Clarke Gammon Wellers, Guildford, 01483 880905 - Market stable. Rents remain level.

David Parish FRICS, Gates Parish & Co., Upminster, 01708 250033 - Good demand but shortage of new instructions.

David Robinson, Karrison, Westerham - Tenants continue to seek longer term tenancies from established professional landlords with well managed properties. Great management provides greater rental returns.

James Scott-Lee FRICS, Chancellors Group of Estate Agents Ltd, London, Home Counties, Herefordshire and Powis, 01344408100, chancellors.co.uk - Usual seasonal slow down.

Jeremy Q Fisher, The Frost Partnership, Beaconsfield, 07776 297202, www.frostweb.co.uk - Tenant and landlord activity dropped off especially towards Christmas as expected but still saw good levels of new lets.

Jeremy Q Fisher, The Frost Partnership, Feltham, 07776 297202, www.frostweb.co.uk - Whilst tenant activity dropped we still saw a surprising number of new landlords in December. Quality of tenants also very good.

Jeremy Q Fisher, The Frost Partnership, Gerrards Cross, 07776 297202, www.frostweb.co.uk - Gerrards Cross saw a drop in tenant and landlord activity coming up to Christmas but the quality of those that did make enquiries was very good.

Jeremy Q Fisher, The Frost Partnership, Staines, 07776 297202, www.frostweb.co.uk - Staines did not see the traditional drop off in activity during December and had a strong month on both new tenants and new landlords.

Jeremy Q Fisher, The Frost Partnership, Windsor, 07776 297202, www.frostweb.co.uk - Windsor saw activity slow in December but agreed a good number of lets as the quality of the tenants were very good.

John Frost MRICS, The Frost Partnership, Amersham, 01494 680909, frostweb.co.uk - December and Christmas meant a general slow down in the sales and lettings market.

John Frost MRICS, The Frost Partnership, Burnham, 01494 680909, frostweb.co.uk - Lots of activity but price sensitive.

John Frost MRICS, The Frost Partnership, Gerrards Cross, 01494 680909, frostweb.co.uk - Changes to pension legislation (cash 'pot') plus competitive Buy To Let loans will bring more Buy To Let properties into the market to satisfy demand at lower priced homes.

John Woolley, Woolley & Wallis, Fordingbridge, 01722 424512, www.w-w.co.uk - Quiet.

Martin Allen MRICS, Elgars, Wingham, Canterbury, 01227 720557, www.elgars.uk.com - Very strong demand with few properties available.

Philip Hiatt MRICS, Your Move Philip Hiatt, East Grinstead, 01342 321142, www.your-move.co.uk/eastgrinstead - Predictably slower month for new instructions but sales surprisingly held up well boosted by reduction in Stamp Duty.

Stuart Gray MRICS FAAV, Strutt & Parker LLP, St Albans, 01727 840285, www.struttandparker.com - A flurry of transactions before the Christmas slowdown, mainly in the small family home sector

South West

John Corben FRICS FCIArb, Corbens, Swanage, 01929 422284, corbens.co.ukj - Tenant demand continues to outstrip supply.

John Woolley, Woolley & Wallis, Salisbury, 01722 424512, www.w-w.co.uk - Quiet

Mark Annett FRICS, Mark Annett & Company, Chipping Campden, 01386 841622 - A slowdown in letting instructions, although demand is still there.

Matthew Harvey MRICS, Tayler and Fletcher, Cotswolds, 01451820913, www.taylerandfletcher.co.uk - Limited supply of new properties is supporting a positive rental market and keeping rents in positive territory (just).

Simon Cooper FRICS, Stags, Exeter, 01392 255202, stags.co.uk - Lower end of market has been very good but still tough over £1200 pcm. Probably similar for 2015 with a shortage of lower priced properties for numerous tenants.

Wales

Andrew Morgan FRICS, Morgan & Davies, Lampeter, 01570 423623 - Very competitive with only the best properties letting.

Anthony Filice FRICS, Kelvin Francis Ltd., Cardiff, 02920766538, www.kelvinfrancis.com - Demand for 2-bed properties still exceeding supply. Landlords keener to increase their portfolios.

Iestyn W M Leyshon FRICS, Lloyd, Herbert & Jones, Aberystwyth Wales, 01970 612559, lhj-property.co.uk - We are a university town with falling student numbers over the last 2 years having an adverse effect on the rental market, which is effecting the investors market with freehold values of typical HMO properties coming down due to this uncertainty.

William Graham FRICS, William Graham & Co., Newport, 01633 254825 - Poor market locally.

London

Alun Jones MRICS, Marler & Marler, Knightsbridge, 020 7235 9641 - Mixed view - corporate budgets are being squeezed. Investment activities increasing in the capital. Stock levels could be high for 2015.

James Gubbins MRICS, Dauntons, Pimlico, 02078348000, www.dauntons.co.uk - There is a lack of property available as most tenants are choosing to renew and accept realistic rent increases. Landlords with property available are benefiting from very short (if at all) void periods.

Jeffrey Doble MRICS, Thamesview (Incl. Dexters Estate Agents), Twickenham, 020 8614 1228 - Consistent strong demand in all price ranges.

Jeremy Leaf FRICS, Jeremy Leaf & Co, Finchley, 02084464295, www.jeremyleaf.co.uk - A lack of supply over the past 2-3 months has been our biggest issue in lettings recently though demand has remained healthy. Clearly some tenants have been reluctant to give notice until the beginning of January, common at this time of year.

15



John King FRICS, Andrew Scott Robertson, Wimbledon, 020 8971 4990 - Most of December’s business was arranged in November. Expect to see a greater amount of activity if sales instructions don't increase.

John King FRICS, Andrew Scott Robertson, Merton, 020 8971 4990 - If sales remain weak, then lettings will do well. The lettings market has become a mid term investment market providing higher returns with capital growth over a longer period. It has matured.

Leung Mei Po Mabel, Soundwill, Hong Kong - Unseasonable weather.

Paul Whitley, R Whitley & Co., West Drayton, 01895 442711 - The demand for rented property slows down just before Christmas. We expect the demand to return in the New Year.

Peter Rollings FRICS, Marsh & Parsons, London, 02088463496, www.marshandparsons.co.uk - Always a quieter month but it was as expected with no surprises on the up or down side.

Simon Aldous MRICS, Savills, London, 02070163861, Savills.com - The lettings market remains balanced, however we do have some concerns with the level of new build flats coming on to the market.

Scotland

Carolyn Davies MRICS, GM Thomson & Co, Dumfries, 01387 254424, www.gmthomson.co.uk - Continued oversupply to the market keeping rent levels on a par, lack of new employment opportunities meaning demand is only coming from the local market.

Fraser Crichton, MRICS, Dove Davies & Partners, Edinburgh, 01312283999, www.dovedavies.com - The letting market is very strong in Edinburgh with most properties being let within a short period of time. There continues to be a strong level of demand and a shortage of supply.

Ian Morton BSc (Hons) MLE MRICS, Bradburne & Co., St Andrews, 01334 479 479 - Tenant demand is steady with buy-to-let investors returning to purchasing, due to some confidence returning.

John Gell MRICS, Simply Let, Inverness, 01463 718888, www.simplylet.biz - The market quietened noticeably in December, but we anticipate a pick-up in activity after New Year. Buy-to-let investors still active.

Northern Ireland

Julie Gibson AssocRICS, McClelland Salter, Lisburn - December is always a quieter month both for new instructions and lettings due to the Christmas holidays.

Kirby O'Connor Assoc RICS, GOC Estate Agents, Belfast, 028 90 662 366 - More demand than supply especially family homes.

16


Surveyor contact details

North

Andrew Holmes BSc (Hons) Dip Surv MRICS, Thomson Hayton Winkley Estate Agents, Kendal, 01539 815700

Dan Maddison MRICS, Foster Maddison Property Consultants, Hexham

Edward Seymour, Edwin Thompson, Berwick upon Tweed, 01289 304432, edwinthompson.co.uk

Keith Johnson FRICS, JW Wood, Durham, 01913869921, www.jww.co.uk

Mr T H Brannen FRICS, Brannen & Partners, Coastal / Newcastle upon Tyne, 0191 2517878, www.brannen-partners.co.uk

Neil Foster BSc(Hons) MRICS, Foster Maddison Property Consultants, Newcastly Upon Tyne

Paul Airey MRICS, Paul Airey Chartered Surveyors, Sunderland, 0191 514 5777

Peter Bartley MRICS, Bradley Hall, Durham City, 0191 3839999, www.bradleyhall.co.uk

Richard Towler MRICS, Eden Lettings & Management, Penrith, www.edenletting.co.uk

Simon Bainbridge, Smiths Gore, Darlington, 01325 370 500, smithsgore.co.uk

Stephen Holland FRICS, Carter Jonas, Cumbria


Adrian Harrison MRICS, Dee Atkinson & Harrison, Hull

Alex McNeil, RICS Registered Valuer, Bramleys, Huddersfield, 01484 530361, www.bramleys.com

Andrew Jackson, Jackson Green & Preston, Grimsby, 01472 311 113

Andrew Turner MRICS, Smiths Gore, York, 01904 756303, www.smithsgore.co.uk

Chris Clubley FRICS CAAV, Chris Clubley & Co., Market Weighton, 01430 874000

Christopher Evans FRICS, Haller Evans, Hull, 01482 323033

Christopher R.Jowett B.Sc. MRICS, Jowett Chatered Surveyors, Huddersfield, 01484 536799, Jowett-huddersfield .co.uk

David Blagden 57496, e.surv Chartered Surveyors, North Yorkshire, 01423 531696, www.esurv.co.uk

David J Martindale MRICS, FSL, Wakefield

Ian Adams MRICS, Metropolis Surveyors, Kingston upon Hull, 07703329933

Ian Briggs FRICS, Dacre, Son & Hartley, Ilkley, 01943 600655

James Brown MRICS, Norman F Brown, Richmond, 01748 822473, normanfbrown.co.uk

Jessica Colling (attaining Assoc RICS), George F. White, Bedale, North Yorkshire, 01677 425301, www.georgefwhite.co.uk

John Haigh MRICS, Lister Haigh, Knaresborough, North Yorkshire, 01423 860322, www.listerhaigh.co.uk

Ken Bird MRICS, Renton & Parr, Wetherby, 01937 582731, www.rentonandparr.co.uk

M J Hunter MRICS, Grice and Hunter, Doncaster, 01302 360141, www.gricehunter.co.uk

Michael Beech MRICS, Windle Beech Winthrop Ltd, Skipton, 01756 692900, www.wbwsurveyors.co.uk

Mike Darwin MRICS, M W Darwin & Sons, Northallerton, 01609 773567, www.darwin-homes.co.uk

MR D Pank FRICS, Manning Stainton, Leeds, www.maningstainton.co.uk

Peter M Mawer, Cranswicks, Bridlfington

Philip S Mills MRICS, Norman F Brown, Bedale, 01677 422282, www.normanfbrown.com

Richard J Graves FRICS, D. Dunk, Lewis & Graves, Bridlington

Richard Smailes, FSS, Harrogate

Richard Storry BSc MRICS, Lithgow Sons & Partners, Stokesley, 01642 710158

Simon Brearley MRICS, Brearley-Greens, Halifax

Simon Croft, Feather Smailes & Scales LLP, Harrogate, 01423 534180

Simon Dee MRICS, Dee Atkinson & Harrison, Driffield

William Marshall, Adair Paxton, Leeds, 0113 205 4190

North West

Andrew Duncan MNAEA, J B & B Leach, St Helens, 01744 22816, www.jbbleach.com

Caroline Thompson FRICS, Edwin Thompson LLP, Keswick

Chris Cockwill MRICS, Cockwill & Co, Southport, 01704 827075, www.cockwill.co.uk

Derek Coates MRICS, Venmore, Liverpool, 0151 236 0301, www.venmores.co.uk

Ed Goodwin, Wright Marshall, Northwich, 01606 41318, wrightmarshall.co.uk

Ian Macklin FRICS, Ian Macklin & Company, Hale, Hale Barns and Timperley, 0161 980 8011, ianmacklin.com

John Halman FRICS, Gascoigne Halman, Wilmslow, 01625 460344

John Robinson, Whittaker & Biggs, Congleton

John Williams FRICS, MEWI, Brennan Ayre O'Neill LLP, Wirral, 0151 343 9060, www.b-a-o.com

M.G.Fell F.R.I.C.S., T.H.Woodhouse, Birkenhead, 0151 608 9776, thwoodhouse.co.uk

Michael Henry MRICS, Applethwaite, Preston

Richard Powell FRICS, Ryder & Dutton, Oldham, 0161 925 3232, www.ryder-dutton.co.uk

Stephen Farnsworth MRICS, Greater Manchester

East Midlands

Ben MacIntyre MRICS, Macintyers Estate Agents, Brackley, 01280 701001, www.macintyers.co.uk

Catherine Pearce, EMPM Ltd, Newark

Charles Ball MRICS, Bury & Hilton, Ashbourne, 01538 383344

Charles Ball MRICS, Bury & Hilton, Buxton, 01538 383344

Chris Charlton BSc FRICS, Savills, Nottingham, 0115 9348020, www.savills.co.uk

Christopher Shallice FRICS FAAV, Hix & Son, Holbeach, 01406 422 777

David Hammond, David Hammond Chartered Surveyors, Eastwood, 01773 533666, www.david-hammond.co.uk

David Hawke FRICS, David Hawke & Co., Worksop, 01909 531450

Dean Wood BSc FRICS, Sonas Surveyors, East Midlands, 01332 693106

Graham Freckelton FRICS, Freckeltons, Loughborough, 01509 214564, www.freckeltons.com

Ian J Shaw FRICS, Escritt Barrell Golding, Grantham

John Chappell, BSc.(Hons), MRICS, Chappell & Co Surveyors Ltd, Skegness, 01754 769673, www.skegnesssurveyors.co.uk

Kirsty Keeton MRICS, Richard Watkinson & Partners, Newark, 01636 611811, www.richardwatkinson.co.uk

Marie Shaw, Wilkins Hammond, Chesterfield, 01246232853, www.wilkins-hammomd.com

Mark Newton FRICS, Newton Fallowell, Grantham, 01476 591900, www.newtonfallowell.co.uk

Neil Hunt FRICS, Wilkins Vardy Residential Limited, Chesterfield, 01246 270123, www.wilkins-vardy.co.uk

17



Nicholas Richardson FRICS, Nicholas Richardsons, Beeston, Notts, 0115 9 6 77 589, www.nicric.co.uk

Nigel Paterson FRICS, Estate Agents Lincolnshire, Skegness, 01754 874445, www.estateagentslincolnshire.co.uk

Paul Perriam BSc (Hons) MRICS, William H Brown/Bagshaws Residential, Nottingham, 01332 542299, www.sequencehome.co.uk

Peter Buckingham, Andrew Granger & Co, Market Harborough, 01858 431315, www.andrewgranger.co.uk

Peter Woodthorpe MRICS, Readings Property Group Ltd., Leicester, 0116 204 6157

Rebecca Bulmer assocRICS, Bulmer Estates Ltd, Nottingham, 0115 969 6111, bulmerestates.co.uk

Robert Bell FRICS, Robert Bell & Company, Horncastle

Simon Bentley MRICS, Mundys Property Services LLP, Lincoln, 01522 510044, www.mundys.net

Simon Perkins MRICS, PWR Lettings, Nottingham

Stephen Jeffery FRICS, Jeffery Jones, Derby, 01332 200388, www.jefferyjones.co.uk

Steve Gadsby BSc FRICS, Gadsby Nichols, Derby, 01332 296396, www.gadsbynichols.co.uk

West Midlands

A Champion FRICS, Halls, Worcester, 01905 728444

Adam Baker, Shepherd Surveyors, Market Drayton

Adrian Powell FRICS, A Victor Powell, Bromsgrove, 01527 832222, avictorpowell.co.uk

Andrew Oulsnam MRICS, Robert Oulsnam & Company, Barnt Green, 0121 445 3311, www.oulsnam.net

Andrew Spittle, Ruxton, Solihull

Brian Holt MRICS, Brian Holt, Coventry, 02476 520220, www.brianholt.co.uk

Charles Ball MRICS, Bury & Hilton, Leek, 01538 383344

Colin Townsend MRICS, John Goodwin, Malvern, 01684 892809, www.johngoodwin.co.uk

Dean Taylor MRICS, Fishers, Harborne, Birmingham, 0121 4281000, www.Fishers.co.uk

Ian Bullock MRICS, Carpenter Surveyors Ltd, Birmingham, 0845 644 6691, www.carpenter-surveyors.com

J. J. Dell MRICS, FAAV, J J Dell & CO, Oswestry, 01691 653437, www.jjdell.co.uk

John Andrews FRICS IRRV, Doolittle & Dalley, Kidderminster, 01905 728444

John Andrews FRICS IRRV, Doolittle & Dalley, Stourport, 01905 728444

John Andrews FRICS IRRV, Doolittle & Dalley, Bridgnorth, 01905 728444

John Andrews FRICS IRRV, Doolittle & Dalley, Bewdley, 01905 728444

John Ozwell FRICS, Hunters, Solihull, 01564 771000

Julie Andow-Giles Assoc RICS, Belvoir Lettings, Stafford and Stone

Linda Daniel, Cartwright Hands, Nuneaton., 02476 350700

Lucy Roberts FARLA, Pennycuick Collins, Birmingham, 01216654150, www.pennycuick.co.uk

Martin Taylor MRICS, Gooch & Burley Ltd., South Herefordshire, 01531 822777

Mike Arthan FRICS, Barebrs, Shropshire

Nick Wint FRICS, Johnson Felows, Birmingham

Richard Franklin MRICS, Franklin Gallimore, Tenbury Wells, 01584 810436

Roger Lunt FRICS, Morris Marshall & Poole, Oswestry, 01691 679595, www.morrismarshall.co.uk

Ryan R. Williams, McCartneys LLP, Hay-on Wye and area., 01497 820 778, www.mccartneys.co.uk

Stephen Barber, Countrywide Residential Lettings, Stafford, 01785 212112

Stephen Smith MRICS, Fraser Wood, Walsall, 01922 629000

East Anglia

Alan Williams, Fenn Wright, Colchester, 01206 216551, www.fennwright.co.uk

Andrew Tucker MARLA, Bidwells, Cambridge, 01223 841842, www.bidwells.co.uk

Andrew Wagstaff MRICS, Bedfords, Burnham Market-North Norfolk, 01328 730500, www.bedfords.co.uk

Christopher Philpot BSc FRICS, LAcy Scott & Knight, Stowmarket, 01449 612384

David Burr MRICS, David Burr (Long Melford) Ltd., Long Melford, 01787 883144

David Knights MRICS, David Brown, Ipswich, 01473 222266

Jan Hytch FRICS, Arnold Keys LLP, Norwich, 01603 620551

Jeffrey Hazel FRICS, Geoffrey Collins & Co., Kings Lynn, 01553 774135

Mark Wood MRICS, Bradshaws, Cambridge, 01223 403330, www.bradshawsresidential.co.uk

Nicholas Rudge FRICS FAAV, Durrants, Beccles, 01502 712122

Richard Allen FRICS, Maxey Grounds & Co. LLP, Wisbech, 01945583123, www.maxeygrounds.co.uk

Richard Bannister FRICS, Bannister & Company, Felixstowe, 01394 282828

Rob Swiney MRICS, Lacy Scott and Knight, Bury St Edmunds, 01284 748636, www.lsk.co.uk

Roland Mecklenburgh FRICS, Lawton Prior & Mecklenburgh, Watford, 01923 255888

Tim Fagan MRICS, Strutt & Parker, Ipswich, 01473 220 429

Tom Goodley MRICS, Strutt & Parker, Norwich, 01603617431, struttandparker.com

South East

Adam Burgess, Countrywide, Portsmouth

Anthony Jamieson MRICS, Clarke Gammon Wellers, Guildford, 01483 880905

Anthony Webb FRICS, Trenchard Arlidge, Cobham, Surrey, 01932 864242, www.trenchard-arlidge.co.uk

Ashley Taylor, Abbotts, Kings Lynn, 01553 773077

Bruce Shaw MRICS, Patrick Gardner, Leatherhead, 01372 360078, www.patrickgardner.com

C Rutland FRICS, Rutland Chartered Surveyors, Southampton, 023 8066 3451, rutland-surveyors.co.uk surveyorlymington.co.uk

Vhristopher Beadle, Bairstow Eves, Billericay, Essex

David M Lambley MRICS FAAV, Longdown Management Ltd, South West Hampshire, 023 8029 2107

David Nesbit FRICS, D.M.Nesbit & Company, Portsmouth, 023 9286 4321, www.nesbits.co.uk

David Parish FRICS, Gates Parish & Co., Upminster, 01708 250033

David Robinson, Karrison, Westerham

Edward Robinson MRICS, Robinson Estate Agents, Maidenhead, 01628 637600

Gillian Wrightson, Gascoigne-Pees Residential Lettings, Alton, 01420 82666

Hugh Tucknott, Parsons Son & Basley, Brighton and Hove, 01273 326171, www.psandb.co.uk

Ian Denton MRICS FAAC, Jackson-Stops & Staff, Woburn, 01525 290641, www.jackson-stops.co.uk

Ian Perry FRICS, Perry Bishop and Chambers, Faringdon/Lechlade/ Highworth/Shrivenham Witney, 01285 655355, www.perrybishop.co.uk

18



James Collins MRICS, Collins Homes Ltd, Stansted

James Crawford BSc MRICS, Knight Frank LLP, London/ Home Counties, 0207 861 1065, knightfrank.com

James Scott-Lee FRICS, Chancellors Group of Estate Agents Ltd, London, Home Counties, Herefordshire and Powis, 01344408100, chancellors.co.uk

Jeremy Q Fisher, The Frost Partnership, Beaconsfield/Feltham/Gerrards Cross/Langley/Staines/Windsor/ 07776 297202, www.frostweb.co.uk

John Frost MRICS, The Frost Partnership, Amersham/Ashford/Beaconsfield/Burnham/Gerrard’s Cross/Langley/Staines/Windsor, 01494 680909, frostweb.co.uk

John Woolley, Woolley & Wallis, Romsey/Fordingbridge/Lymington/Ringwood, 01722 424512, www.w-w.co.uk

Jonathan Bastable BSc MRICS, Strutt & Parker, Newbury, 01635 521707

M S Eshelby MRICS, Latchmere Properties Ltd, Dorking

Martin Allen MRICS, Elgars, Wingham, Canterbury, 01227 720557, www.elgars.uk.com

Martin Seymour BSc FRICS, Crow Watkin, Reigate, 01737 245886

Michael Brooker FRICS, Michael Brooker, Crowborough East Sussex, 01892-663377, michaelbrooker.co.uk

Mike Hewson FRICS, Hopward Cundey, Lingfield, 01342 833333, www.howardcundey.com

Natalie Meech, Countrywide Residential Lettings, Oxford, 01865 477059

Nigel Sloper MRICS, Finance Planning Surveying Services Ltd, Portsmouth

Peter Gunby Esq MRICS, B Bailey & Co Ltd, Ilford, 02085324150

Phil Todd MRICS, GoldProperty Developments, Sevenoaks

Philip Hiatt MRICS, Your Move Philip Hiatt, East Grinstead, 01342 321142, www.your-move.co.uk/eastgrinstead

PT Foster IRRV FRICS, Porter Glenny, Thurrock, 01375 374444, www.porterglenny.co.uk

Rachel Sampson, Touchstone, Bath

Rebecca Overton, Michael Graham Lettings, Bucks, 01908218850

Rob Wightman MRICS, Knight Frank, Hungerford

Robert Sumner BSc FRICS, Sumner Pridham, Tunbridge Wells

Robert Green MRICS, John D Wood & Co., Lymington, 020 7352 1484

Roderick Baker FRICS, Fell Reynolds, Folkestone, 01303 850125

S B B Askaroff BSc (Hons) MRICS, Estatewise, Eastbourne, 01323 412010

Simon Deacon FRICS, Wheeldon & Deacon, Southend-on-Sea, 01702 344621

Simon Randall, Carter Jonas, Basingstoke

Stephen Knock, Sorrell, Southend on Sea, 01702433663, www.sorrellproperty.co.uk

Stuart Gray MRICS FAAV, Strutt & Parker LLP, St Albans, 01727 840285, www.struttandparker.com

Will Peppitt MRICS, Savills, Cranbrook

William Bell MRICS, Strutt and Parker LLP, Lewes

William Leschallas MRICS, Jackson-Stops & Staff, Burford, 01993 822661, jacskon-stops.co.uk

Yvonne Cox, Freeman Forman Letting, Heathfield, 01435 862766

Zaza Gilmore FARLA, Carter Jonas, Winchester, 01962 876838, www.carterjonas.co.uk

South West

Anita England, Chappell and Matthews, Chippenham

Charles Abnett FRICS, Myddelton & Major, Salisbury, 01722 337575, myddeltonmajor.co.uk

David J Dark FRICS, Seldons Estate Agents, Bideford, 01237 477997, www.seldons.co.uk

David McKillop FRICS, McKillop and Gregory, Salisbury

David Wilson, Taylors Countrywide Lettings, Swindon, 01793 88 21 21, www.propertywide.co.uk

Denise Earwicker, Touchstone, Buckingham

Eona Powell MARLA, Hamptons International, Sherborne

Graham Thorne FRICS FCIOB, Thornes Chartered Surveyors, East Dorset, 01202 684004, www.thornes.org.uk

Hannah Isaacs, Hallam & Co., Taunton, 01823 324344

Ian Perry FRICS, Perry Bishop and Chambers, Cheltenham Cirencester Stroud Nailsworth Tetbury, 01285 655355, www.perrybishop.co.uk

James McKillop MRICS, Knight Frank, London Country Department

James Wilson MRICS, Jackson - Stops and Staff, Shaftesbury, 01747 850858, www.jackson-stops.co.uk

Jeff Cole MRICS, Cole Rayment & White, Wadebridge, 01208813595, www.crw.co.uk

John Blake FRICS, Jefferys, Liskeard, 01579342400, www.jefferys.uk.com

John Corben FRICS FCIArb, Corbens, Swanage, 01929 422284, corbens.co.ukj

John Woolley, Woolley & Wallis, Salisbury, 01722 424512, www.w-w.co.uk

Julian Bunkall FRICS, Jackson-Stops & Staff, Dorchester, 01305 262 123

Lloyd Smale FRICS, Drew Pearce, Exeter, 01392 201748

Mark Annett FRICS, Mark Annett & Company, Chipping Campden, 01386 841622

Matthew Harvey MRICS, Tayler and Fletcher, Cotswolds, 01451820913, www.taylerandfletcher.co.uk

OF Miles FRICS, Oliver Miles, Swanage, 01929 426655, www.olivermiles.co.uk

P J L Mayes FRICS FCABE MCMI IRRV (Hons), PLP Property Consultants, Swindon

Peter Olivey MRICS, Cole Rayment and White, Padstow, 01841 533386, www.crw.co.uk

Peter Sinclair, MSc MRICS, Connells Survey and Valuation Ltd, Cheltenham, Gloucester and the Cotswolds

Philip Muzzlewhite FRICS, Whitton & Laing, Exeter, 01392 259395

Richard Addington MRICS, Savills, Devon, 01392 455755, www.savills.com

Richard Keenlyside MRICS, Gilyard Scarth, Shaftesbury, 01747 851122, gilyardscarth.co.uk

Robert Cooney FRICS, Robert Cooney Chartered Surveyors & Estate Agents, Taunton, 01823 230230, [email protected]

Robert House FRICS, Kavanaghs, Trowbridge/Melksham, 01225 341504, kavanaghs.co.uk

Roger Punch FRICS, Stags, Plymouth, 01752 223933, www.stags.co.uk

Simon Cooper FRICS, Stags, Exeter, 01392 255202, stags.co.uk

Stephen Morris MRICS, Davies & Way, Bristol/Bath, 01225 400400, www.daviesandway.com

TJ Maggs MRICS, Maggs & Allen, Bristol, 01179734049, www.maggsandallen.co.uk

19



William Morrison MRICS, Knight Frank, Exeter, 01392 423111, knightfrank.co.uk/exeter

Wales

Andrew Morgan FRICS, Morgan & Davies, Lampeter, 01570 423623

Annmarie Jackson, Michael Graham Young, Cardiff Bay, 02920475191, www.mgy.co.uk

Anthony Filice FRICS, Kelvin Francis Ltd., Cardiff, 02920766538, www.kelvinfrancis.com

Dafydd Hardy MRICS, Dafydd Hardy Y Gwerthwyr Tai, Bangor, 01248 371212

Dale James, Clee, Swansea, www.ctf-uk.com

David E Baker FRICS, David Baker Co Ltd., Penarth, 02920 702622

David James, David James, Brecon, 01874 623496, jamesdean4property.co.uk

David Martin, Newland Rennie, Newport, 01633 221441, newlandrennie.com

David Martin FRICS, Newland Rennie, Cwmbran, 01633868341, newlandrennie.com

Giles Birt BSc MRICS, Birt & Co, Tenby, 01834 842204, www.charlesbirt.co.uk

Iestyn W M Leyshon FRICS, Lloyd, Herbert & Jones, Aberystwyth Wales, 01970 612559, lhj-property.co.uk

John Roger Davies MRICS, JJ Morris, Cardigan, 01239612343

P.K.Lucas FRICS, R.K.Lucas & Son, Haverfordwest, 01437762538, www.rklucas.co.uk

Richard Ormond FRICS, Guy Thomas & co LLP, Pembroke

Ruth Tottey MNAEA, Dafydd Hardy Estate Agents, Isle of Anglesey, 01248 723322, www.dafyddhardy.co.uk

Simon Edwards IRRV (Hons) MRICS, McCartneys LLP, Brecon, 01874 610990

Stewart Eden MRICS, Octagon Developments Ltd, East Molesey

William Graham FRICS, William Graham & Co., Newport, 01633 254825

London

Alastair Iles MRICS, Iles Property, London

Alun Jones MRICS, Marler & Marler, Knightsbridge, 020 7235 9641

Benjamin Mire BSc (Est Man) FRICS, Trust Property Management, London NW9, 02083586565, www.trustplc.com

Brendon Thomas MRICS, Maitlands Acorn Professional Ltd, Tower Hamlets,Hackney,City,Newham, 08456344187, www.mapsurveyors.co.uk

Chariton Symeou MRICS, Hanley Estates LTD, Islington, 02075615502, www.hanleyestates.com

Charles Puxley, Jackson-Stops & Staff, Chelsea, 020 7581 5881

Chris Morris FARLA, Cluttons LLP, Islington - London, 0207 354 6666, www.cluttons.com

Christopher Green FRICS, Curzon Land, London, 020 7720 6800

George Palos FRICS, Anderson WIlde and Harris, London

J Perris, MRICS, De Villiers, Central London, 020 7887 6009, www.devilliers-surveyors.co.uk

James Gubbins MRICS, Dauntons, Pimlico, 02078348000, www.dauntons.co.uk

Jeffrey Doble MRICS, Thamesview (Incl. Dexters Estate Agents), Twickenham, 020 8614 1228

Jeremy Leaf FRICS, Jeremy Leaf & Co, Finchley, 02084464295, www.jeremyleaf.co.uk

John King FRICS, Andrew Scott Robertson, Wimbledon/Merton, 020 8971 4990

Jonathan Slater LA LLB MRICS, Foster Slater Chartered Surveyors, London, 0208 341 4146, www.fosterslater.co.uk

Keith Barnfield FRICS, Barnfields, Enfield, 020 8363 3394

Lauren Elliott, Cluttons, London Belgravia

Leung Mei Po Mabel, Soundwill, Hong Kong

Mark Wilson RICS, Myleasehold, London, 020 73400340, http://www.myleasehold.co.uk

Michael Pollard FRICS, Pollards, Bexley, 01322 559990

Neil Moore, Cluttons LLP, Wapping, London, 020 7488 4858, www.cluttons.com

Patrick Sheehan, Vluttons, Belgravia

Paul Whitley, R Whitley & Co., West Drayton, 01895 442711

Peter Rollings FRICS, Marsh & Parsons, London, 02088463496, www.marshandparsons.co.uk

Robert Green MRICS, John D Wood & Co., Chelsea/South Kensington/Fulham/Wimbledon/Battersea/Belgravia/North West London 020 7352 1484

Roger Beaumont MRICS, RPB Consulting (UK) Ltd, London

Simon Aldous MRICS, Savills, London, 02070163861, Savills.com

Stephen Birtwistle MRICS, London

Wallace Jaffray, Cluttons, Blackheath, London

Scotland

Alasdair Hayworth FRICS, Walker Fraser Steele, Glasgow, 01412210442, www.walkerfrasersteele.co.uk

Alasdair J Cameron, BSc(Hons) MRICS, Graham & Sibbald, Ayr

Alexander Inglis, CKD Galbraith, Scottish Borders, 01573 224 244, www.ckdgalbraith.co.uk

Carolyn Davies MRICS, GM Thomson & Co, Dumfries, 01387 254424, www.gmthomson.co.uk

Craig Henderson, Graham & Sibbald, Glasgow and West Scotland, 0141 332 1194, www.g-s.co.uk

Eric H Curran, DM Hall LLP, Glasgow, 0141 332 8615, www.dmhall.co.uk

Fraser Crichton, MRICS, Dove Davies & Partners, Edinburgh, 01312283999, www.dovedavies.com

Graeme J Lusk BSc MRICS Reg Valuer, Graham + Sibbald, East & North Ayrshire/Eastern Dumfries & Galloway, 01563 528000, www.g-s.co.uk

Greg Davidson MRICS, Graham + SIbbald, Perth, 01738 445733, www.g-s.co.uk

Iain Swayne BSc FRICS, D M Hall, Kinross/Dunfermline and Environs, 01383 621262

Ian Morton BSc (Hons) MLE MRICS, Bradburne & Co., St Andrews, 01334 479 479

Jamie Watson MRICS, Smiths Gore, Elgin, 01343 823000, smithsgore.co.uk

John Gell MRICS, Simply Let, Inverness, 01463 718888, www.simplylet.biz

Kevin Hay BSc MRICS, Allied Surveyors, Ayr, 01292 265381

Kevin I Angus MRICS, J & E Shepherd, Aberdeen, 01224 202800, www.shepherd.co.uk

Kevin MacDonald MRICS, Graham + Sibbald, Inverness, 01463 236977, www.g-s.co.uk

Kevin Murchie Ble MRICS, Graham + Sibbald, Edinburgh, 0131 225 1559

Kirsten Stuart MRICS, Knight Frank, Edinburgh, 0131 222 9600, www.knightfrank.co.uk

Lindsay S. Duguid BSc FRICS, Allied Surveyors Scotland, Edinburgh, 0131 226 6518, www.alliedsurveyorsscotland.com

Michael Jones MRICS, Knight Frank, Rural Scotland, 01312229600

20



Neil Woodhead FRICS, Castle Estates, Rengfrewshire, www.castle-estates.co

Paul Taylor MRICS, J&E Shepherd, Dundee, 01382200454, www.shepherd.co.uk

Robbie Buchanan MRICS, Graham + Sibbald, Kirkcaldy, 01592266211, www.g-s.co.uk

Ronald G Smith MRICS, J&E Shepherd, Cumbernauld, 01236 780000, www.shepherd.co.uk

Thomas Baird MRICS, Select Surveyors Ltd, Glasgow, 0141-632-6589, www.selectsurveyors.co.uk

Northern Ireland

Aidan Conway MRICS, P Andrews Chartered Surveyors, Londonderry, 02871 263635, www.andrewscharteredsurveyors.co.uk

Alan Russell MRICS, Russell Brothers, Newtownards

Bronagh Boyd MRICS, Digney Boyd, Newry, 02830833233, www.digneyboyd.co.uk

Gerard J Fearon FRICS, Parker-Residential & Fermac Properties, Londonderry, 02871 374550, www.parker-residential.com

Harry Clarke FRICS, Harry Clarke and Co, Ballymena, 0282564 8829, www.harryclarke.co.uk

Julie Gibson AssocRICS, McClelland Salter, Lisburn

Kirby O'Connor Assoc RICS, GOC Estate Agents, Belfast, 028 90 662 366

Marcus Monger, Sibley Pares, Maidstone, 01622 692206

Norman Russell MRICS, Russell Brothers, Newtownards, 028 9181 2145

Stephen Henry BSc Hons IAVI AssocRICS, Tom Henry & Co, Dungannon, 02887726992, www.tomhenryandco.com

Terry Finlay MRICS, Montgomery Finlay & Co., Enniskillen, 02866324485

William Butcher MRICS, Liam Butcher. Chartered Surveyor - Estate Agent., Portstewart, 07423 457240

21


Other information RICS Housing Market Survey Management Josh Miller Senior Economist T: +44 (0)20 7334 3777 [email protected] Simon Rubinsohn Chief Economist T: +44(0)20 7334 3774 [email protected] Subscription information Basic housing market data package: Enquire for more information Questions 1-11 Basic lettings market data package: Enquire for more information Questions 12-14 Silver package: Enquire for more information Basic combined housing market and lettings market data (questions 1-14) Gold package: £1,550 pa Housing market and lettings market data package (questions 1-21) This is the complete data set excluding the bedroom breakdown. Platinum package: £2,050 pa Housing market and lettings market data (questions 1-21) This is the complete data set including the bedroom breakdown for questions 15-18. • RICS supports academia and will supply the full data set for free subject to the usual restrictions. • For the list of questions, see notes to editors. • All packages include the entire historical back set, the regional breakdown and where applicable the seasonally and not seasonally adjusted

data. • All enquiries, including third party distributor enquiries, to: [email protected] • To be put on the non-subscriber distribution list to receive the PDF free of charge on the morning of the embargo date, email:

[email protected] RICS Economics RICS Economics’ market surveys and reports are available for free from the RICS web site - www.rics.org/economics These include: • The monthly UK Residential Market Survey • The quarterly UK Construction Market Survey • The quarterly UK Commercial Market Survey • The semi-annual UK Rural Market Survey • The quarterly Global Commercial Market Survey • The monthly RICS/ Ci Portuguese Housing Market Survey • The monthly UK Economy and Property Market Chart Book About RICS RICS is the world’s leading qualification when it comes to professional standards in land, property and construction. In a world where more and more people, governments, banks and commercial organisations demand greater certainty of professional standards and ethics, attaining RICS status is the recognised mark of property professionalism. Over 100 000 property professionals working in the major established and emerging economies of the world have already recognised the importance of securing RICS status by becoming members. RICS is an independent professional body originally established in the UK by Royal Charter. Since 1868, RICS has been committed to setting and upholding the highest standards of excellence and integrity – providing impartial, authoritative advice on key issues affecting businesses and society. RICS is a regulator of both its individual members and firms enabling it to maintain the highest standards and providing the basis for unparalleled client confidence in the sector. Royal Institution of Chartered Surveyors RICS HQ Parliament Square London SW1P 3AD UK T +44 (0)24 7686 8555 F +44 (0)20 7334 3811 E [email protected]

Real Estate

Dec 2014 rics uk residential market survey