17.4.07

interest

Well, seems like the interest rate is continuing on its move upwards.
The 'knock-on' effect to housing and inevitably house prices will no doubt be of great interest (sorry) to our clients.
Maybe it will blow the fluff off the top of prices, with a shakedown of prices.
Yesterdays Evening Standard lead with another price rise story, even a slow down in the rate of increase in prices would be news-worthy. Analysts tend to agree that London prices are affected by different pressures, from the rest of the UK.
The effect on the removal market will become clearer in the future.
I hope that any small businesses needing to move will not be in the panic state that we saw when we frantically decamped internet startups at the end of the UK's dotcom burst.

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