A Hampshire chartered surveyors has recorded a surge in demand as the property market strengthens following the general election.
McAndrew Martin said the uplift in residential surveys and property related services over the past weeks comes after uncertainty over the election result ended with a majority result at the polls.
The 24-strong firm, which covers Hampshire, London and the South East, has continued to report growth in its surveys work with a 40 per cent increase over the past year as well requests for quick turnaround times amid increased competition.
Stamp Duty reforms and new pension freedoms which are set to inject capital into the buy-to-let market are also expected to have a positive impact this year, as well as record-low interest and mortgage rates.
Ian Lee, a director at McAndrew Martin, said: “We have registered a strong start to the year and have noticed market confidence grow since the election.
“The demand for our surveys has continued to rise, and the need for fast turnaround times for reports has become more apparent as housebuyers face increased competition for properties.”
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