House prices are set to rise again following a
Conservative victory, particularly at the top end of the market, where foreign
investors are most likely to pounce. Estate agent Savills has predicted a 19.3
per cent growth in mainstream house prices over the next five years and 10 per
cent price growth in London. Country house prices could rise as much as 10 per
cent "within weeks" according to Edward Heaton of Heaton and
Partners, a property search agency. "There will be bun fights in the next
few weeks for the best houses which come to the market as confidence in the
top-end of the regional market returns," said Heaton. Read more on the
Independent website.
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