The pace of property valuations conducted last month grew on both an annual basis and since the previous month, despite jitters before and after the EU referendum.
That is the view from Connells Survey and Valuation, which says the total number of valuations carried out in June rose by four per cent compared to June 2015, and follows month-on-month growth of no less than 24 per cent from May 2016.
“Initial solidity from the post-Brexit housing market may not be enough to answer all the new legal and financial questions in light of the vote or to offset a likely blow to confidence on the near horizon. But this should bring such fears into perspective. Life will go on and the property market will continue to function” says John Bagshaw, corporate services director of Connells Survey & Valuation.