The market has started to quieten with Christmas around the corner. As ever there is speculation about what the market might bring in the New Year.

The market has recovered from the low point of 2008 with values improving as much as 10% during 2009 driven by the lack of stock and cheaper money.

The market next year – in our opinion – is unlikley to see these gains as the affect of lack of mortgage funding sinks in alongside a slight improvement on the number of properties coming to the market. There are going to be increases in values but generated by seasonal factors which used to be the case in more normal times. This will be balanced out by reduced demand in quieter periods.

As always if a property is well maintained and situated in a good location it will sell – whatever the market.

May I take this opportunity of wishing all our clients – past and present – a very happy Chistmas and New Year.