Wolsey sees market improvement

Oct. 1, 2013
Over the past six months there have been clear signs that the market’s improvement is widening in its geographic spread and is beginning to reach other parts of the UK beyond the south east, reports Stephen O’Brien, md of Wolsey Securities.<br><br>Wolsey, who provides finance to housebuilders across the UK, is seeing an uplift in potential deals from the regions. And for good reason, it says. It has recently funded a development of 22 luxury flats in the north west (interior pictured) which has virtually sold out and is “well on track” to achieve its sales target three months ahead of forecast, it says.<br><br>Stephen O’Brien adds: “Whilst sales are being achieved, developers must price at a level that is affordable to the local marketplace. Buyers remain cautious and will only proceed on opportunities they perceive as very good value for money.”<br><br><a href="http://www.wolsey.net">www.wolsey.net</a>

Continue reading

To continue reading this article please login or register.

Login

Forgot your password?

Register for free

Quick and free registration

Register