Suggestions that a north-south divide in the property market is starting to emerge have been rejected.
Marketing manager at online change of address service iammoving.com James Wrightson said that while surveys such as a new report by Savills might appear to indicate that the south is prospering while the north is in the doldrums, this will soon change.
He stated: “Sooner or later inevitably the vitality will flow north,” arguing that the “visibility” of a market recovery in the south will gradually persuade those in other regions that matters are improving and encourage the market there as well.
Such a development may be good news for those keen on taking out
Recent Land Registry figures suggested that there was a divide in England during August, with prices going up in the three southern regions, but down in the three northern areas.