SEE WHAT MAKES US DIFFERENT Unit 18 Holme Mills, West Slaithwaite Rd, Huddersfield HD7 6LS

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News

Six factors influencing the UK property market in 2018

Clear View manufactures high quality doors and windows for all types of UK properties,  and notes encouraging predictions for improvements in the property market in 2018.

Factors affecting the UK property market for 2018 include:

  1. Low interest rates, expected to rise 0.25% to 0.75% in spring. With more than half of mortgage borrowers on fixed rate deals, though, many will not be immediately affected, and further rises are not expected throughout 2018.
  2. While house building is still slow, 2016-17 saw a rise of 20% over the previous year, providing 217,000 new homes. The government target of 300,000 has not yet been achieved, but the trend is for improvement in the property market in 2018.
  3. Buy-to-Let lending, which topped 120,000 in 2015, has seen a gradual decline, with tighter controls on lending to landlords. Buy-to-Let mortgages are expected to fall to around 80,000 in 2018, which is good news for competitors in the property market, the first time buyers, who look set to scoop up bargains.
  4. Immediate cuts in Stamp Duty announced in the budget mean savings of around £5,000 for 80% of first time buyers, buying houses under the £300,000 Stamp Duty threshold. The Office for Budget Responsibility predicts that property prices will increase by 0.3% on the back of this saving for first time buyers. Further help for first time buyers is still available through the government’s help-to-buy scheme, which has seen an injection of £10bn going forward through 2021, but critics warn that prices of new-builds will rise as a result.
  5. The cost of renting has levelled off, with rent increases of less than 1% in 2017, while rents in London remained static. With little to look forward to from salary increases, rents are unlikely to show an upturn throughout 2018.
  6. Those looking at the premium end of the property market in London, will be able to choose from the 56 storeys of One Nine Elms in 2018, with prices starting at £800,000, or the Spire in Docklands standing at 67 storeys providing 861 suites, some priced at a whopping £2m or more, and expected to be completed in 2020.

Whichever end of the property market your property sits, Clear View can manufacture and install high quality doors and windows to improve and enhance your property in 2018.

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Aluminium Bi-folding doors fitted in Beverley

Clearview installed this 6-frame Blyweert Beaufort bi-folding door to one homeowner’s extension. As one of the largest manufactures of aluminium bi-folding doors in the North of England Clearview was able to handle the entire project from the initial design process to the complete installation of the manufactured doors. Once made, the doors were delivered to … Continued

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Schueco windows and doors by Clearview

As one of Yorkshire’s leading retailers and installers of window and door systems, Clear View can offer the latest high security range from Schueco, one of the world’s leading specialists of large-scale glass constructions and sliding systems. Schueco’s range of doors and windows look like ordinary glazed windows or doors, and are just as simple … Continued

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18, Holme Mills, W Slaithwaite Rd, Slaithwaite, Huddersfield HD7 6LS

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Opening Times

  • Monday 8am - 5pm
  • Tuesday 8am - 5pm
  • Wednesday 8am - 5pm
  • Thursday 8am - 5pm
  • Friday 8am - 5pm
  • Saturday - 9am - 12pm
  • Sunday - Closed