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Economics

April 2018: UK Residential Market Survey

Price balance dips but demand and sales stabilise


• National price indicator turns marginally negative although regional picture remains mixed
• Both new buyer enquiries and agreed sales stabilise following recent declines
• Tougher conditions still being seen across the more expensive tiers of the market

The April 2018 RICS Residential Market Survey results £500k (up from 56% in January). Conversely, a majority of
show a steadier trend emerging for sales activity across contributes (59%) noted that sales prices were either at the
the UK, with key indicators more stable relative to recent same level or slightly above asking prices for properties
months. Nevertheless, prices continue to fall in some parts, marketed at £500k or less.
with London and the South East in particular showing
Turning to trends in activity, new buyer enquiries were
further weakness. While near term indicators are generally
more or less unchanged during April, arresting a sequence
flat for both sales and prices at the national level, twelve
of four straight months in which they had declined fairly
month expectations point to a modest pick-up further out.
sharply. That said, although demand was not reported to
The national RICS Price balance slipped to -8% in the have declined in the latest results, it has now been thirteen
latest results, having signalled a flat outturn in each of the consecutive months since this indicator was last positive.
past two reports. Although this signifies the most negative Alongside this, new instructions continued to decline,
figure since November 2012, it is consistent with only a albeit the net balance of -7% represents the least negative
very marginal decline in prices at this stage. Furthermore, reading since last September. Consequently, average stock
the national reading continues to be heavily weighed down levels on estate agents’ books were essentially unmoved,
by feedback from London, where a net balance of -65% of standing at 42.2 and still within a whisker of the all-time low
contributors noted lower prices over the period. That said, set back in February of this year.
respondents in the South East also continued to report
As with buyer demand, agreed sales also held relatively
falling prices, while the net balance turned marginally
steady over the month, having fallen back noticeably for a
negative in the South West for the first time since May
number of reports. The regional picture still remains varied
2013; it remains to be seen whether this marks the start of a
however, with sales only rising (to any meaningful extent) in
new trend or an aberration. By way of contrast, house price
four of the twelve regions/countries covered by the survey.
inflation remains firm in Northern Ireland and Scotland.
Interestingly, London was one of those four areas, where a
The national near term outlook for prices remains broadly net balance of +10% of contributors cited an increase (the
flat, with modest gains in some parts of the country being first positive reading in over twelve months).
offset by declines in others. Further ahead, however, a
Going forward, near term sales expectations point to a
headline net balance of +31% of respondents expect
broadly flat picture for transactions at the national level.
prices to be higher in a year’s time. Virtually all areas of
At the twelve month horizon, expectations are not much
the UK exhibit comfortably positive twelve month price
stronger, although a marginally positive net balance of
expectations, led by the strongest sentiment in Scotland
+8% expect sales will rise over this time frame. When
and the North West of England. On the same basis,
disaggregated, Scotland exhibits the most upbeat
expectations remain downbeat in London, albeit the net
assessment for sales prospects over the coming year.
balance of -20% was the least negative since June 2017.
In the lettings market, tenant demand in the three months to
Survey feedback suggests it is the upper and middle priced
April was stagnant, as the net balance slipped to +1% from
tiers of the market that are proving the most challenging.
+6% in the previous quarter (seasonally adjusted series).
Indeed, 69% of contributors reported that sales prices are
Part of the softness may be down to the dearth of new
coming in below asking price for properties valued at above
landlord instructions coming onto the rental market, with
£1m (66% back in January). What’s more, this weakness
this indicator remaining negative for an eighth successive
seems to be spreading across the price category below,
quarter. Rental growth expectations, although still slightly
with 74% of respondents noting sales prices coming in
positive, moderated both at the three and twelve month
lower than asking for properties listed at between £1m and
horizons on the back of subdued demand momentum.

*The London data tends to better reflect developments in the inner boroughs rather than the outer zones

To receive a copy of this report on the day of release : economics@rics.org rics.org/economics


April 2018: UK Residential Market Survey rics.org/economics

Methodology
About: • The net balance measures breadth (how widespread e.g. price falls or rises
• The RICS Residential Market Survey is a monthly sentiment survey are on balance), rather than depth (the magnitude of e.g. price falls or rises).
of Chartered Surveyors who operate in the residential sales and • Net balance data is opinion based; it does not quantify actual changes in an
lettings markets. underlying variable.
Regions: • Net balance data can range from -100 to +100.
• The ‘headline’ national readings cover England and Wales. • A positive net balance implies that more respondents are seeing increases
• Specifically the 10 regions that make up the national readings are: than decreases (in the underlying variable), a negative net balance implies
1) North 2) Yorkshire and Humberside 3) North West 4) East Midlands that more respondents are seeing decreases than increases and a zero net
5) West Midlands 6) East Anglia 7) South East 8) South West 9) Wales balance implies an equal number of respondents are seeing increases and
10) London. decreases.

• The national data is regionally weighted. • Therefore, a -100 reading implies that no respondents are seeing increases
(or no change), and a +100 reading implies that no respondents are seeing
• Data for Scotland and Northern Ireland is also collected, but does not feed decreases (or no change).
into the ‘headline’ readings.
• In the case of the RICS price balance, a reading of +10 should not be
Questions asked: interpreted as RICS saying that house prices are going up by 10%, but that
1. How have average prices changed over the last 3 months? 10% more surveyors reported increases rather than decreases in prices
(down/ same/ up) (over the last three months).
2. How have new buyer enquiries changed over the last month? • A change from +30 to +60 does not mean that the variable grew by 30% in
(down/ same/ up) one period and by 60% in the next period, but it does indicate that twice as
3. How have new vendor instructions changed over the last month? many surveyors reported an increase compared to a decrease than in the
(down/ same/ up) previous period.

4. How have agreed sales changed over the last month? • Likewise, if we get a reading dropping from +90 to +5, this still means that
(down/ same/ up) more respondents are reporting increases than decreases overall, but the
breadth of those reporting increases has fallen dramatically; meanwhile,
5. How do you expect prices to change over the next 3 months?
a shift in the reading from -90 to -5 still means that more respondents
(down/ same/ up)
are reporting decreases than increases overall, but the breadth of those
6. How do you expect prices to change over the next 12 months? reporting decreases has fallen dramatically.
(% band, range options)
7. How do you expect prices to change over the next 5 years?
Seasonal adjustments:
(% band, range options)
• The RICS Residential Market Survey data is seasonally adjusted using
8. How do you expect sales to change over the next 3 months?
X-12.
(down/ same/ up)
9. How do you expect sales to change over the next 12 months?
(down/ same/ up) Next embargo dates:
10. Total sales over last 3 months i.e. post contract exchange (level)?
11. Total number of unsold houses on books (level)? • May Survey: 14 June
12.Total number of sales branches questions 1 & 2 relate to (level)? • June Survey: 12 July
13. How long does the average sales take from listing to completion (weeks)? • July Survey: 9 August
14. How has tenant demand changed over the last 3 months?
(down/ same/ up)
15. How have landlords instructions changed over the last 3 months? Number of responses to this month’s survey:
(down/ same/ up) • This survey sample covers 451 branches coming from 293 responses
16. How do you expect rents to change over the next 3 months?
(down/ same/ up)
17.How do you expect average rents, in your area, to change over the next 12
months? (% band, range options)
18. What do you expect the average annual growth rate in rents will be over the
next 5 years in your area? (% band, range options)
19.What is your sense of current price levels being achieved in your area
(Very Expensive, Expensive, Fair value, Cheap, Very Cheap)
• Questions 6, 7, 17 and 18 are broken down by bedroom number viz. 1-bed,
2-bed, 3-bed, 4-bed or more. Headline readings weighted according to CLG
English Housing Survey.
Net balance data:
• N
 et balance = Proportion of respondents reporting a rise in prices
minus those reporting a fall (if 30% reported a rise and 5% reported a
fall, the net balance will be 25%).

2 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Sales market charts


National Prices - Past three months Regional Prices - Past three months
Net balance, %, SA
Net balance, %, SA Prices - last 3 months* Net balance, %, SA Regional Breakdown - Prices - Last 3 Months
100 price rises
60
more widespread
80
40
60

40 20

20
0
0

-20 -20

-40
-40
-60

-80 -60 Current month


price falls
more widespread 3-month average
-100
1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 -80
*the net balance measures breadth (how widespread price falls or rises are on balance) rather than depth (the magnitude of price falls or rises). Eng+W Lon South E. East A. Wales South W. Y&H North North W. West M. East M. Scot NI

National Enquiries - Past month Regional Enquiries - Past month


Net balance, %, SA New Buyer Enquiries - Last Month Net balance, %, SA Regional Breakdown - New Buyer Enquiries - Last Month
80 40
rising
Current month
60 30 3-month average

40 20

20 10

0
0

-20
-10

-40
-20

-60
-30

-80 falling
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 -40
Eng+W Lon South E. East A. Wales South W. Y&H North North W. West M. East M. Scot NI

National New Vendor Instructions - Past month Regional New Vendor Instructions - Past month
Net balance, %, SA New Vendor Instructions - Last Month Net balance, %, SA Regional Breakdown - New Vendor Instructions - Last Month
50 60
rising

40
40
30

20
20
10

0 0

-10
-20
-20

-30
-40
Current month
-40
3-month average
-50 falling
-60
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 Eng+W Lon South E. East A. Wales South W. Y&H North North W. West M. East M. Scot NI

3 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Sales market charts


National Newly Agreed Sales - Past month Regional Newly Agreed Sales - Past month
Net balance, %, SA Newly Agreed Sales - Last Month Net balance, %, SA Regional Breakdown - Agreed Sales - Last Month
rising
30

60
20

40
10

20
0

0
-10

-20
-20

-40 Current month


-30
3-month average

-60 falling
-40
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 Eng+W Lon South E. East A. Wales South W. Y&H North North W. West M. East M. Scot NI

National Price Expectations - Three and twelve month expectations Regional Price Expectations - Next three months
Net balance, %, SA Price Expectations Net balance, %, SA Regional Breakdown - Price Expectations (3 months)
90 rising 50

40
60
30

30 20

10
0
0

-30 -10

-20
-60 next 3 months
Current month
-30
next 12 months (NSA) 3-month average
-90 falling
-40
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 Eng+W Lon South E. East A. Wales South W. Y&H North North W. West M. East M. Scot NI

National Sales Expectations - Three and twelve month expectations Regional Sales Expectations - Next three months
Net balance, %, SA Sales Expectations Net balance, %, SA Regional Breakdown - Sales Expectations (3 months)
rising 70

70 60 Current month
3-month average
next 3 months
50
50 next 12 months (NSA)
40

30
30
20

10
10

-10 -10

-20

-30 falling
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 -30
Eng+W Lon South E. East A. Wales South W. Y&H North North W. West M. East M. Scot NI

4 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Sales market charts


National Average Sales Per Surveyor - Past three months Regional Average Sales Per Surveyor - Past three months
Level Average Sales Per Surveyor (Branch) - Last 3 Months Number, SA Regional Breakdown - Average Sales Per Surveyor (Branch) - Last 3 Months
45 40
Current month

Long run average

35
30

25
20

15
10

5
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 0
Eng+W Lon South E. East A. Wales South W. Y&H North North W. West M. East M.

National Average Stocks Per Surveyor Regional Average Stock Per Surveyor
Level Average Stocks Per Surveyor (Branch) Number, SA Regional Breakdown - Average Stocks Per Surveyor (Branch)
100

120
90
Current month
100
Long run average
80

80
70

60 60

50 40

40
20

30
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 0
Eng+W Lon South E. East A. Wales South W. Y&H North North W. West M. East M.

National Sales to Stock Ratio Regional Sales to Stock Ratio


Level Ratio of Sales to Stocks (on surveyors’ books) Ratio, SA Regional Breakdown - Average Sales to Stock Ratio
70 0.70

Current month
0.60
60
Long run average

0.50
50

0.40
40

0.30
30

0.20

20
0.10

10
2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 0.00
Eng+W Lon South E. East A. Wales South W. Y&H North North W. West M. East M.

5 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Lettings market charts


National Tenant Demand - Past three months Regional Tenant Demand - Past three months
Net balance, %, SA Tenant Demand - Quarterly Series (3 months to July) Net balance, %, SA Tenant Demand Over Past 3 Months - Quarterly Series
40
50
30

40 20

10
30
0

20
-10

-20
10

-30

0
1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 -40
*Averages, England and Wales, weighted by region Eng+W LON SE EA WALES SW Y&H NORTH NW W MID E MID Scot

National New Landlord Instructions - Past three months Regional New Landlord Instructions - Past three months
Net balance, %, SA Landlord Instructions - Quarterly Series (3 months to July) Net balance, %, SA New Landlord Instructions Over Past 3 Months - QuarterlySeries
80 rising 80

60
60

40

40
20

20 0

-20
0

-40
-20
1999 2001 2003 2005 2007 2009 2011 2013 2015 2017 falling
-60
*Averages, England and Wales, weighted by region Eng+W LON SE EA WALES SW Y&H NORTH NW W MID E MID Scot

National Rent Expectations - Next three months Regional Rent Expectations - Next three months
Net balance, % , SA Rent Expectations 3 months ahead - Quarterly Series (3 months to July) Net balance, %,SA Rent Expectations 3 Months Ahead - Quarterly Series
60
rising

40 50

40

30
20
20

10
0
0

-10

-20 -20

-30

-40
-40
falling
1999 2001 2003 2005 2007 2009 2011 2013 2015 2017
-50
*Averages, England and Wales, weighted by region Eng+W LON SE EA WALES SW Y&H NORTH NW W MID E MID Scot

6 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Expectations & other data


National Price Balance (excluding London) and London Price Balance National Average Annual Expected Price Change (point estimate) -
- Past three months Next one and five years
Net balance, % Price Balances % Prices - Average Annual Expected Change
8
100
7 Next year

6
Next 5 years
50 5

3
0
2

1
-50
London balance 0

National ex-London balance -1

-100 -2
2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 Jan-13 Jul-13 Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18
*Averages, England and Wales, weighted by region

National Average Annual Expected Change in Rents (point estimate) -


Price Bands - Past three months
Next one and five years
% Rents - Average Annual Expected Change % of respondents, NSA Price bands - % change in prices over last 3 months

5
60

April 2018
4

April 2017

3 40
April 2016

20
Next year
1
Next 5 years

0 0
Jan-13 Jul-13 Jan-14 Jul-14 Jan-15 Jul-15 Jan-16 Jul-16 Jan-17 Jul-17 Jan-18 > +8 +5 to 8 +2 to 5 0 to +2 Unch 0 to -2 -2 to -5 -5 to -8 < -8
*Averages, England and Wales, weighted by region

7 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor comments - sales

North Yorkshire & Humberside Mark J Hunter, MRICS, East Midlands


Doncaster, Grice and Hunter,
Andrew Holmes, BSc (Hons) Dip Alex McNeil, MRICS, 01302 360141, www.grice Andrew W York, FRICS,
Surv MRICS, Kendal, Thompson Huddersfield, Bramleys, alex. hunter.co.uk, griceandhunter@ Leicester, Moore & York Ltd,
Hayton Winkley Estate Agents, mcneil@bramleys1.co.uk - btconnect.com - The market 0116 2558666, mooreandyork.
01539 815700 - Another steady Market showing similar pattern is erratic, certain properties co.uk, andrew.york@
month for listings and sales. to last year, however, recent command strong interest whilst mooreandyork.co.uk - Top end of
Prices appear to be relatively upturn in number of viewings and others none. There are now the market appears to be stalling.
stable. offers provides some scope for more properties coming onto the
optimism. Demand levels remain market and, inevitably, some of Chris Beeby, DipREA FNAEA
Denise Walls, AssocRICS, strong, although stock levels these are overpriced. MARLA AssocRICS, Thrapston,
Houghton le Spring, Kimmitt and continue to decline. Bletsoes, 01832 732188,
Roberts, 0191 5848080, www. Pete Shield, FRICS, Sheffield, bletsoes.co.uk, chris.beeby@
kimmittandroberts.com, denise. Chris Clubley, FRICS FAAV, Shield Estates UK Limited, 0114 bletsoes.co.uk - A lack of
walls@kimmittandroberts.com Market Weighton, Clubleys, 2571000, info@shieldgroup. property continues to affect the
- Bad weather usually slows 01430 874000, www.clubleys. uk.com - Steady market for the market. Top end properties not
the market down and the better com, mw@clubleys.com - The time of year but less activity. moving at all.
weather leads to an improvement stock levels are extremely low,
of people actively looking to buy sales very strong, however, we Peter Green, Halifax, Brearley- Chris Charlton, FRICS,
and sell. are seeing an increase in fall Greens, 01422 330088 - The Nottinghamshire, Savills,
throughs. arrival of spring is, as usual, 01159348020, www.savills.com,
Mr T H Brannen, FRICS, NE improving the market - more ccharlton@savills.com - The
Coast, Brannen & Partners, David J Martindale, MRICS, valuations, more instructions and pre-Easter market has been slow
0191 2517878, www.brannen- Wakefield, FSL, david. more sales. to gather pace but good levels
partnerts.co.uk, shaun. martindale@fslea.com - Our of new instructions and new
brannen@brannen-partners. market is reasonably busy at the William Marshall, Leeds, Adair applicants bode well for the next
co.uk - Instructions are up by present time. Paxton, 0113 205 4190 - On line few months.
approximately 30% on the same estate agents driving fees down
quarter last year, and sales are I Adams, MRICS, Kingston upon to non-profitable levels. Christopher Shallice, FRICS
starting to increase. Hull, Metropolis Surveyors, FAAV, Holbeach, Hix & Son,
ianadams31@yahoo.co.uk - North West 01406 422777 - Steady due
Neil Foster, FRICS, Newcastle Housing market lacking stock to economic uncertainties
upon Tyne, Foster Maddison and therefore demand for the Derek Coates, MRICS, nationally.
Property Consultants, 01434 right house is still strong and Liverpool, Venmore, 0151 236
605441 - Activity held up well in in some cases, final offers are 0301, www.venmores.co.uk, David Hammond, BSc
April despite poor weather and being accepted. d.coates@venmores.co.uk - A FRICS, Nottinghamshire,
the Easter holiday. Quality of busy month with good levels of David Hammond Chartered
new stock has improved and this James Brown, MRICS, activity in all sectors. Surveyors, 01773 767776,
appears to be driving applicants Richmond, Norman F Brown, residential@dvdhammond.co.uk,
and enquiries. 01748822473, normanfbrown. John Williams, FRICS MEWI, residential@dvdhammond.co.uk
co.uk, belindandjames@hotmail. Wirral, Brennan Ayre O’Neill LLP, - Number of new instructions
Paul McSkimmings, BSc(Hons) co.uk - Market has been steady 0151 343 9060, www.b-a-o.com, steady. Purchasers buying at
MRICS, Newcastle upon Tyne, this month. john@b-a-o.com - A noticeable realistic prices.
Edward Watson Associates, pick-up in the market during April
0191 2812444, www. John E Haigh, MRICS FAAV, with all key indicators positive. David Hawke, FRICS, Worksop,
edwardwatson-assoc.com, Knaresborough, Lister Haigh Prices still supported by a lack David Hawke & Co, 01909
paul@edwardwatson-assoc.com (Knaresborough) Limited, 01423 of stock coming to market. 531450 - Climate (economic),
- A busy month compared with 860322, www.listerhaigh.co.uk, Competition from buyers now Brexit, weather? Maybe all these
the previous month. Good level knaresborough@listerhaigh. driving offers above asking price are contributing, with the result
of instructions despite Easter co.uk - Uncertainty in the in some instances. of a subdued market with a lack
holidays. Investment flats and Government and the Economy. A of motivation to sell and move
family homes still very popular. rapidly increasing supply of new Mr John F Halman, FRICS, the market up. Hoping that the
build houses. It’s a worry. Wilmslow Cheshire, Gascoigne summer may give the market a
Simon Bainbridge, MRICS, Halman, 01625 460 344, www. boost!
Darlington, Savills, 01325 John Reeves, FRICS, York, gascoignehalman.co.uk, jane@
370500, savills.co.uk, Colenso, 01904 682800, john- gascoignehalman.co.uk - Sales Grant Murray, MRICS, Oakham,
sbainbridge@savills.com - With reeves@helmsley.co.uk - Stable. market is a little more subdued Murray, grant@murray.
Easter past and some better than it has been. co.uk - Poor weather, poor
weather, there has been a Kenneth Bird, MRICS, Wetherby, conveyancing process, poor
dramatic increase in the number Renton & Parr, 01937 582731, Stephen Dodgson, BSc Solicitor performance.
of appraisals/new instructions www.rentonandparr.co.uk, ken@ FRICS, Wirral, Rainfords
and transaction levels are on the rentonandparr.co.uk - Generally Chartered Surveyors, http:// Mark Newton, FRICS, Grantham,
rise. busier month but still down on charteredsurveyorcheshire. Newton Fallowell, 01476 591900,
last year. co.uk/, steve.dodgson@live. www.newtonfallowell.co.uk,
co.uk - Continued lack of supply mark.newton@newtonfallowell.
is keeping prices buoyant, co.uk - April was an excellent
concerns over Brexit and month on all counts we just need
potential interest rate changes a little sunshine to lift spirits
are ongoing factors. higher.

8 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor comments - sales

Martin Pendered, FRICS, Will Ravenhill, MNAEA Rosemary Cheadle, AssocRICS, South East
Wellingborough, Martin MARLA, Leicester, Readings, RICS Registered Valuer,
Pendered & Co Ltd, 01933 0116 2227575, www. Wolverhampton, Worthington Anthony Webb, FRICS,
228822, www.martinpendered. rreadingspropertygroup. Estates, enquiries@ Cobham, Surrey, Trenchard
co.uk, mpendered@ com, wravenhill@ worthingtonestates.co.uk - Buyer Arlidge, 01932 864242, www.
martinpendered.co.uk - It is clear readingspropertygroup. demand is still exceeding supply, trenchard-arlidge.,co.uk,
that vendor expectations are com - Properties coming to increasing competition and sale twebb@trenchard-arlidge.co.uk
again higher than buyers’. Offers the market are still generating prices. New instructions have - Buyer enquiries at a lower level.
are now being refused against plenty of interest. The time picked up from the last two Government interference in the
advice, so houses are failing to taken by conveyancers and months but still well below last property market damaging to all
sell. Buyers are more wary and local authorities to complete year. price ranges.
valuers will have to adjust prices paperwork is still ridiculously
to move sales. slow though! Ryan Williams, FRICS, Hay-on- David Nesbit, FRICS,
Wye, Herefordshire, McCartneys Portsmouth, D.M.Nesbit &
Paul Perriam, BSc (Hons) West Midlands LLP, 01497 820 778, www. Company, 02392 864321, www.
MRICS, Nottingham, William H mccartneys.co.uk, ryan@ nesbits.co.uk, davidnesbit@
Brown/Bagshaws Residential, Colin Townsend, MRICS, mccartneys.co.uk - More activity nesbits.co.uk - The lack of
01332 542299, www. Malvern, John Goodwin, 01684 because of the time of year but confidence continues. Supply
sequencehome.co.uk, paul. 892809, www.johngoodwin. lots of hesitation from sellers and side affected, but demand for
perriam@sequencehome.co.uk co.uk, colin@johngoodwin.co.uk the market is being underpinned family homes close to popular
- Instructions and sales ahead of - Very steady market. Strong by a lack of supply. schools. Rise in enquiries for
last year in April with good buyer demand and a shortage of new lease extensions but a lack of
demand in all price ranges. instructions means prices remain Stephen Smith, MRICS, Walsall, knowledge of basic facts.
on an upward trend. Fraser Wood, 01922 629000
Peter Buckingham, Market - Still a shortage of property David Parish, FRICS, Upminster,
Harborough, Andrew Granger J J Dell, MRICS FAAV, Oswestry, for sale in all price ranges. Gates Parish & Co., 01708
& Co, 01858 431315, www. J J Dell & CO, 01691 653437, Properties on the market are 250033 - Market activity has
andrewgranger.co.uk, peter. www.jjdell.co.uk, property@jjdell. receiving multiple offers due to reduced with fewer sales
buckingham@andrewgranger. co.uk - Instructions picked up scarcity of properties available. being approved. The number
co.uk - Buoyant market slightly, market still slow for the We do not feel this will change in of properties available for sale
conditions although buyers time of year. the short term and this should be has increased indicative of a
are acting cautiously. FTB the prime time for selling. slowdown in the market.
market busy, some mid to top John Ozwell, FRICS, Solihull,
end prices are being reduced. Hunters, 01564 771000 - Stocks East Anglia Donald Leslie, MRICS,
Brexit is still a concern, as is the still low. Good demand for new Amersham, Donald Leslie &
political situation and imminent homes. Chris Philpot, FRICS, Co Ltd, 01494 722006, www.
increasing oil prices. However, Stowmarket, Suffolk, Lacy donaldleslie.co.uk, donald@
it’s a resilient market. Mark Wiggin, MRICS, Ludlow, Scott and Knight, www.lsk. donaldleslie.co.uk - In the last
Strutt and Parker, mark.wiggin@ co.uk, cphilpot@lsk.co.uk - With month things have picked up
Quentin Jackson-Stops, FRICS, struttandparker.com - Weather the arrival of better weather a bit but only from a very low
Northampton, Jackson-Stops, is a factor but affordability both viewings and sales have base. The market is not really
01604 632991, www.jackson- becoming more and more of an improved. functional at present. Low stock,
stops.co.uk, quentin.jackson- issue. low demand, stamp duty, lack of
stops@jackson-stops.co.uk - A Mark Wood, MRICS, Cambridge, affordability, massive uncertainty.
flurry of new instructions has Mike Arthan, FRICS, Shropshire, Carter Jonas, 01223 403330, It’s a difficult place to make a
been matched by a healthy Barbers, m.arthan@barbers- www.carterjonas.co.uk, mark. living.
number of properties under offer. online.co.uk - Overall lack of wood@carterjonas.co.uk - Good
Almost 50% of the properties we property available for sale is still general activity, increase of E M Rook, MRICS, Sevenoaks,
are offering are sold, subject to suppressing sales activity. instructions particularly in the Knight Frank, edward.rook@
contract. Demand continues to villages. knightfrank.com - Stamp duty
outstrip supply. Richard Franklin, BSc (Hons) levels are stalling the market
MRICS, Tenbury Wells, Franklin Nigel Steele, FRICS, Norfolk,
Steve Gadsby, BSc FRICS, Gallimore, 01584 810436 - Low Jackson-Stops, 01603 612333, Ian Perry, FRICS, Fairford,
Derby, Gadsby Nichols, 01332 stock levels highlighted by quality www.jackson-stops.co.uk, nigel. Faringdon Lechlade Highworth
296396, www.gadsbynichols. rural houses now being brought steele@jackson-stops.co.uk - A Witney, Perry Bishop and
co.uk, stevegadsby@ on to the market. Economic good number of new instructions Chambers, 07774 726665,
gadsbynichols.co.uk - With the uncertainty and slow progress and buyers are out there but are perrybsihop.co.uk, ianperry@
advent of Spring, there has been on Brexit means no aspirational cautious and price sensitive. perrybishop.co.uk - Demand
a significant increase in enquiry purchasers. Sales are taking a long time to is still strong but there is not
levels, viewings, and sales. go through. enough stock.
Renewed optimism seems to be
occurring in the market. Rob Swiney, MRICS, Bury St John Frost, MRICS, Ashford,
Edmunds, Lacy Scott and Knight, The Frost Partnership, 01494
01284 748636, www.lsk.co.uk, 680909, frostweb.co.uk,
rswiney@lsk.co.uk - The market beaconsfield@frostsurveyors.
has been very much dictated by co.uk - Poor weather and
the weather so let’s hope with Easter holidays have combined
the sun on its way we should see to produce low activity levels
more activity! generally.

9 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor comments - sales

John Frost, MRICS, Martin Allen, MRICS, Wingham, David Lewis, BSc Hons, West Jeremy Priestley, FRICS,
Beaconsfield, The Frost Canterbury, Elgars, 01227 Devon and East Cornwall, Stags, Poole, Berkeleys, 01202
Partnership, 01494 680909, 720557, www.elgars.uk.com, 01752 223933, www.stags.co.uk, 708383, www.berkeleys.com,
frostweb.co.uk, beaconsfield@ m.allen@elgars.uk.com - Market d.lewis@stags.co.uk - Offers jeremy.priestley@yougroup.
frostsurveyors.co.uk - There activity finally starting to be seen continue to be a distance away co.uk - Inclement weather and
are currently a high level of new after what seems to have been a from guide prices, increasingly continuing government drift
instructions which may generate very long winter. vendors are accepting these contribute to a quiet market.
interest in the market. lower offers. The elongated
Michael Brooker, FRICS, conveyancing process still John Corben, FRICS FCABE,
John Frost, MRICS, Gerrards Crowborough, Michael Brooker, muting transaction levels. Swanage, Corbens, 01929
Cross, The Frost Partnership, 0189266337, michael@ 422284, corbens.co.uk, john@
01494 680909, frostweb.co.uk, michaelbrooker.co.uk - Plenty David McKillop, FRICS, corbens.co.uk - There is
beaconsfield@frostsurveyors. of activity. Confidence low. Salisbury, McKillop and Gregory, generally a lack of genuine
co.uk - Overall lack of confidence Protracted sales. dm@mckillopandgregory.co.uk purchasers who are in a position
and fence sitting due to Brexit - A very good month overall with to proceed. This has caused a
cost of moving/lack of good Philip Hiatt, MRICS, East instructions at the highest level slowdown in the market, which I
saleable stock/HS2 threat. All Grinstead, Your Move Philip for a year and sales satisfactory. think will continue for a number
‘offer gap’ - vendors not prepared Hiatt, 01342 321142, www.your- Main problem is getting sales of months to come.
to accept market change in move.co.uk/, philip.hiatt@your- to exchange and delays are
value. move.co.uk - Still a shortage of appalling, mostly for reasons Julian Bunkall, FRICS,
property especially in lower price outside our control. Dorchester, Jackson-Stops
John Frost, MRICS, Langley, ranges and we need this end & Staff, 07970 872974 - The
The Frost Partnership, 01494 of the market to get moving to David Robinson, AssocRICS, general feeling is that vendors
680909, frostweb.co.uk, push through into the £500,000 North Cornwall, Stags, are reluctant to go to market
beaconsfield@frostsurveyors. and above price level which is d.robinson@stags.co.uk - A due to uncertain economic
co.uk - Currently good number of currently very slow. lot more properties coming to conditions. The lower/lower
instructions but quality of buyers market and buyer proceedability middle market is active, the
is weak and confidence in the Tim Green, MRICS, South slipping, Vendors need to be upper end still difficult.
market is low. Oxfordshire, Green & Co, 01235 realistic about price.
763562, www.greenand.co.uk, Lloyd Smale, FRICS, Exeter,
John Frost, MRICS, Slough, tim.green@greenand.co.uk - G C Thorne, FRICS, East Drew Pearce, 01392 201748
The Frost Partnership, 01494 Increased vendor activity may Dorset, Thornes/Fisk, 01202- - Some signs of spring upturn
680909, frostweb.co.uk, be the early signs of increased 684004, www.thornes.org.uk, in market appraisals and new
beaconsfield@frostsurveyors. activity in the re-sale sector graham@thornes.org.uk - A instructions. When a new
co.uk - Uncertainty over Brexit but the unabated supply of new difficult month with worries about instruction is presented to the
and economy. There is a lack of homes continues to have the Brexit further stalling vendors market at accurate pricing, good
confidence by buyers, that said, effect of holding back transaction aspirations. levels of viewings are generated
some second-hand properties numbers. and therefore prospects for
are now looking good value Ian Perry, FRICS, Cheltenham achieving a sale are good.
for money compared to new Tony Jamieson, MRICS, Cirencester Nailsworth Stroud
property being offered Guildford, Clarke Gammon Tetbury, Perry Bishop and Mark Annett, FRICS, Chipping
Welers, 01483 880900, www. Chambers, 07774 726665, Campden, Mark Annett &
John Frost, MRICS, Windsor, clarkegammon.co.uk, tony. perrybishop.co.uk, ianperry@ Company, 01386 841622 -
The Frost Partnership, 01494 jamieson@clarkegammon.co.uk perrybishop.co.uk - Demand Weather and time of year have
680909, frostweb.co.uk, - There is at least a bit more is still good and not enough been against us, but hopefully
beaconsfield@frostsurveyors. optimism in the market, with a bit properties coming on the market. the lighter evenings and spring/
co.uk - Stamp duty for second more stock becoming available early summer is going to create a
homes and generally negative and more viewings being James Wilson, MRICS, leap forward.
legislation for landlords undertaken. However, there is Shaftesbury, Jackson-Stops,
have impacted the market still an oversupply of brand new 2 01747 850858, jackson-stops. O F Miles, FRICS, Swanage,
substantially, therefore houses bed flats in town centre which is co.uk, james.wilson@jackson- Oliver Miles, 01929 426655,
for sale have to be competitively adversely affecting prices stops.co.uk - Buyers lack www.olivermiles.co.uk,
priced. confidence but more instructions olivermiles@olivermiles.co.uk
South West coming on the market. - Market remains fragile but
Mark Everett, FRICS, Epsom, more increase in numbers of
Michael Everett & Company, Christopher Bailey, MRICS, Jeff Cole, MRICS, Wadebridge, appraisals & new instructions.
www.michael-everett.co.uk, Exeter, Knight Frank, christopher. Cole Rayment & White,
markeverett@michael-everett. bailey@knightfrank.com - Due to 01208813595, www.crw.co.uk, Robert Cooney, FRICS, Taunton,
co.uk - Continuing levels of the poor weather in March/April jeff.cole@crw.co.uk - The market Robert Cooney, 01823 230230,
improved activity particularly the market feels later than what it seems to be picking up slightly robertcooney.co.uk, robert.
after Easter holiday period. is by about 3 weeks. The top end as the weather improves, as we cooney@robertcooney.co.uk
Better weather seems to have is strong. would expect as we approach - MA and Sales volumes are
brought out more buyers, but the Spring/early Summer. better on a year on year basis
they remain selective. Accurate but average selling price is less.
pricing more important than ever. Sub £400k market strongest
Outlook positive. currently on sales but bigger
value properties are also now
being appraised.

10 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor comments - sales

Roger Punch, FRICS, South Paul Lucas, FRICS, James Perris, MRICS, London, Robert Green, MRICS, Chelsea,
Devon, Marchand Petit, 01752 Haverfordwest, R.K.Lucas De Villiers, 020 7887 6009, John D Wood & Co, 020 7352
873311, www.marchandpetit. & Son, 01437762538, www. james.perris@devilliers- 1484 - April was a very good
co.uk, roger.punch@ rklucas.co.uk, paul@rklucas. surveyors.co.uk - Some signs of month for sales agreed across
marchandpetit.co.uk - Shortage co.uk - Market activity continues improvement in the market this central London, with our pipeline
of supply continues to be the to improve in West Wales even month although pricing must doubling since Easter for the
dominant feature in all sectors. though property sales in other be very competitive to attract central region. Realistic vendors
Nevertheless, accurate pricing parts of the UK are beginning interest. and buyers, who at last seem
remains important in securing to decline. This is a common keen to transact.
sales as potential interest rate occurrence in this area as we Jeremy Leaf, North Finchley,
rises curb optimism. follow the trend a little later. Jeremy Leaf & Co, jeremy@ Simon Aldous, MRICS, London,
jeremyleaf.co.uk - Viewings & Savills, 02070163861, savills.
Simon Barker, MRICS, London listings improving as expected at co.uk, saldous@savills.com -
Sherborne, Knight Frank LLP, this time of year but little interest In central London the market
simon.barker@knightfrank. Allan Fuller, FRICS, Putney, in flats & hard to generate any remains very price sensitive,
com - The residential market Allan Fuller Estate Agents, buyer commitment! especially at the high end.
was very slow to get going this 02087888822, allanfullr.co.uk, Transaction levels are down in
year probably attributable to the allan@allanfuller.co.uk - The Joe Arnold, MRICS Registered this market especially between
poor weather. It has now started enquiry from buyers remains low Valuer, South London, Arnold & £5m to £20m.
with gusto on a catch up! Lots of but we have agreed 20% more Baldwin, 02086422999, www.
market appraisals, viewings and sales so far in 2018 than same arnoldandbaldwin.co.uk, Joe@ Terry Osborne, FRICS, SW1,
offers. period in 2017 due to vendors arnoldandbaldwin.co.uk - Spring Tuckerman Residential Ltd, 020
taking our advice to quote is in the air, but buyers can’t find 7222 5510, tosborne123@yahoo.
Simon Cooper, FRICS, Exeter, sensible prices. that something special as there com - Brexit.
Stags, 01392 255202, stags. is such little stock. Motivated
co.uk, s.cooper@stags.co.uk - B Bhalla, MRICS, HI, CEA, buyers are home owners at sub Scotland
April was a busy month for new Hounslow - West London, £1m, investors aren’t around
instructions and viewings but Acrewoods Chartered Surveyors, really. Above that level stamp Adrian Stott, FRICS, Lothians/
sales were not as good. Vendors 02085775733, www.acrewoods. duty is still taking its toll. Northumberland, J and E
expectations of price are often com, enquiries@acrewoods. Shepherd, 01316533456,
higher than buyers’ views so com - The level of demand since John King, FRICS, Wimbledon, shepherd.co.uk, a.stott@
sales are not being arranged. As the start of the year has been Andrew Scott Robertson, 020 shepherd.co.uk - Continued
ever, many properties sell in the lower. There is uncertainly within 8971 6780, www.as-r.co.uk, lack of supply is leading to many
first 2 weeks or stick. the market including Brexit, jking@as-r.co.uk - Market activity homes selling at above home
interest rates, as well as job has picked up recently, driven by report values, in the up to £250k
Wales security. Properties are generally price reductions in most cases. range.
overpriced, but stocks are low. Good quality houses will buck
Andrew Morgan, FRICS Hence stalemate. the trend and often involve a Alex Inglis, MRICS, Scottish
FAAV, Lampeter, Morgan number of offers above guide Borders, Galbraith, 01573
and Davies, 01570423623, Christopher Ames, MRICS, prices. 224 244, galbraithgroup.com,
morgananddavies.co.uk, Belgravia London, Ames alex.inglis@galbraithgroup.
lampeter@morgananddavies. Belgravia, 02077301155, John King, FRICS, Merton com - Appears to be a sellers
co.uk - Seasonally busy but amesbelgravia.co.uk, ca@ LB, Andrew Scott Robertson, market as we move in to what
phones are quieter with offers. amesbelgravia.co.uk - Owner 020 8971 6780, www.as-r. is normally the bestselling time
Stamp duty changes have had a occupiers still seem keen to co.uk, jking@as-r.co.uk - Better of the year. More buyers than
detrimental effect on our second do their up or down sizing weather conditions has improved sellers in the market at present,
homes market. irrespective of Brexit uncertainty. viewing figures. We are now particularly at lower price levels.
Within reason, timing of the seeing sales agreed on a regular
Anthony Filice, FRICS, Cardiff, double deal is more important basis between £2m-£2.5m Chris Hall, MRICS, Edinburgh,
Kelvin Francis, 02920 766538, than the price -especially for the previously a price range most Rettie and Co, 0131 220 4160,
www.kelvinfrancis.com, tony@ down-sizers. affected by stamp duty costs www.rettie.co.uk, chris.hall@
kelvinfrancis.com - Increased rettie.co.uk - Residential market
valuations, instructions and Ed, London, Cluttons, Kevin Ryan, FRICS, Mayfair, stratified between discretionary
offers received, reflecting 02075841771, cluttons.com, CarterJonas LLP, kevin.ryan@ and non-discretionary sales
a buoyant Spring market. edward.cooper@cluttons.com - carterjonas.co.uk - A number - generally above and below
Properties in hot spots, e.g It’s tough. of sales arranged on properties £500,000. Market also stratified
school catchments, selling over that have been on the market between preferred districts of
asking prices. Highest demand James Gubbins, MRICS, Pimlico, for many months as the vendors Edinburgh and Glasgow where
for 2/3 bedrooms. No noticeable Dauntons, 020 78348000, www. accept that they will have to strong demand is leading to
effect from Land Transaction dauntons.co.uk, mail@dauntons. lower their expectations to bring premium offers.
Tax. co.uk - Generalist reports of a about a sale. Still many serious
declining market are not reflected purchasers around who will buy
David James, FRICS, Brecon, locally in Pimlico though Press at the right price.
James Dean, 01874 624757, reports do influence opinion and
jamesdean.co.uk, david@ eventually markets. Paul Whitley, West Drayton,
jamesdean.co.uk - The market in R Whitley & Co, 1895442711,
Brecon remains buoyant. estate@r.whitley.co.uk - Brexit
has greatly reduced the number
of overseas buyers.

11 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor comments - sales


Craig Henderson, MRICA, Ian Fergusson , FRICS, Stirling, Richard A Clowes, MRICS, Eoin Lawless, FRICS,
Ayrshire, Graham & Sibbald, J&E Shepherd, 01786450438, Scottish Borders, DM Hall LLP, Warrenpoint, Eoin Lawless
01292 271030, www.g-s.co.uk, www.shepherd.co.uk, Ian. 01896 752009, www.dmhall. Estate Agents, info@
craig.henderson@g-s.co.uk - Still fergusson@shepherd.co.uk - co.uk, richard.clowes@dmhall. lawlessestateagent.co.uk
a shortage of good quality supply New Home Report instructions co.uk - The market continues - Activity has increased in
relative to demand. Message have picked up following the to perform well, with signs of the market after a lull due
to would be sellers - there are snow and Easter events. Sales better weather and continued to seasonal factors and
buyers waiting on you coming to are generally at the asking price optimism from buyers and sellers unseasonable weather. We
the market - take a leap of faith. however high value homes are the market should continue to expect an increase in new
sticking and seeing discount in perform well. Vendor instructions.
David Cruickshank, MRICS, prices to achieve sales.
Elgin, D M Hall, 01343 548 501, Scott Holley, PER, Perthshire, Gareth Gibson, FRICS, Belfast,
david.cruickshank@dmhall.co.uk Ian Morton, MRICS, St Andrews, Galbraith, scott.holley@ Douglas Huston, 02890683711,
- The market has recovered from Bradburne & Co, 1334479479, galbraithgroup.com - www.douglashuston.com,
the long winter period, with a bradburne.co.uk, info@ Experiencing a surge in buyer gareth@hustonestateagents.com
marked increase in sales and bradburne.co.uk - The usual enquiries and sales for rural - Supply remains very restricted
new Home report instructions. increase in sales after Easter property valued up to £400,000 - however new enquiries are lower,
has not materialised. Prospective a very robust market, especially the normal Easter lift has seen
Gordon Macdonald, FRICS, sellers are still hesitant in from second home purchasers more properties being listed for
Aberdeen & Aberdeenshire, entering market and buyers have and those seeking a lifestyle sale.
Allied Surveyors Scotland, 01224 less choice. move.
571163, , gordon.macdonald@ Kirby O’Connor, AssocRics,
alliedsurveyorsscotland.com - John Brown, FRICS, Edinburgh- Thomas Baird, MRICS, Belfast, GOC Estate Agents,
Expected spring improvement East of Scotland, John Brown Glasgow, Select Surveyors 02890662366, www.
slow to start due to the long and Company, 07768583919, Ltd, 0141 632 6589, www. gocestateagents.com, kirby@
severe winter, oil industry JB-UK.com, john.brown@ selectsurveyors.co.uk, gocestateagents.com - Sales
stability and increase in the oil jb-uk.com - Stock levels still reception@selectsurveyors. have been very strong and
price has boosted confidence. low, owners staying put adding co.uk - Home Report instructions demand is up. We have noticed a
If politicians offered stable extensions or improving. Less up on the same period for last rise in investors and new builds.
economic conditions, growth stock means limited choice year is hopeful however higher
could follow. Some hope! to move to. New Homes are value properties are being stifled Samuel Dickey, MRICS, Belfast,
popular, allowing time to sell and out the market due to stamp duty Simon Brien Residential,
Graeme Gilchrist, MRICS, less risk. Edinburgh is getting and lack of stock. 02890595555, www.simonbrien.
Dundee and Angus, Graham interest from outside Scotland, com, sdickey@simonbrien.
+ Sibbald, 01382 200064, this is boosting prices. Tom Murray, AssocRICS com - The New Homes market is
www.g-s.co.uk, graeme. & RICS Registered Valuer, performing well with strong levels
gilchrist@g-s.co.uk - The Tayside Kevin MacDonald, MRICS, Girvan, Galloway & Ayrshire of activity - as we approach
housing market stock remains Inverness, Graham + Sibbald, Properties, 01465 713498, summer, resales activity should
depleted, meaning sales prices 01463 236977, www.g-s. www.gapinthemarket.com, tom. be back to full strength
are continuing to rise as buyers co.uk, kmacdonald@g-s.co.uk murray@gapinthemarket.com
fight for the few houses left on - Despite the Easter holiday - A busy April. Above average Stephen Fitzpatrick, MRICS,
the market. period slowing, much needed number of instructions over the Newry Co. Down, Stephen
new property coming on to the month has maintained applicant Fitzpatrick Estd.1881,
Graham Tonner, MRICS, market, activity remains positive interest. Good level of buyer 02830265533, www.
Dundee, Graham + Sibbald, with good prices achieved applicant engagement resulting stephenfitzpatrick.co.uk, info @
01382200064, gtonner@g-s. especially across lower and mid- in quick offers. stephenfitzpatrick.co.uk - The
co.uk - The market is generally price sectors. cost of building materials in
busier at this time of year. Northern Ireland N.Ireland has gone up 10% since
Volumes of properties coming Marion Currie, AssocRICS, January 2018.
to the market is down from RICS Registered Valuer, Daniel Mc Lernon, FRICS,
2017. Not sure why this is - Dumfries & Galloway, Omagh, Co. Tyrone, Mc Lernon
uncertainty? Prices being Galbraith, 01556 505346, www. Estate Agents, 02882 242772,
achieved are good. A sellers galbraithgroup.com, marion. www.mclernonestateagents.com,
market! currie@galbraithgroup.com - info@mclernonestateagents.com
Transactions are picking up pace - The demand is still from the
Grant Robertson, MRICS, along with appraisals in line with First Time Buyer, but not enough
Glasgow, Allied Surveyors, 0141 seasonal expectations. Far west stock at present to satisfy.
330 9950 - As expected the early of region (Wigtownshire) seeing
birds got the best prices in the more sales, having been very Daniel Mc Lernon, FRICS,
Glasgow area and spiky values slow over the last several years. Omagh, Co.tyrone, Mc
now dropping away albeit still a Lernon Estate Agents &
very strong market for sellers. Peter McEachran, FRICS, Valuers, 02882 242772, www.
Renfrewshire, Graham + Sibbald, mclernonestateagents.com,
01418893251, www.g-s.co.uk, damclernon@gmail.cm - Still
peter.mceachran@g-s.co.uk - experiencing a shortage of
Still a shortage of stock. Good housing stock applicable to the
properties in good areas sell. First Time Buyer.
Properties needing upgrades are
taking longer to sell.

12 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor comments - lettings

North Pete Shield, FRICS, Sheffield, David Hammond, BSc Dean Taylor, MRICS, Harborne,
Shield Estates UK Limited, 0114 FRICS, Nottinghamshire, Birmingham, JPTaylor, 0121
Mr T H Brannen, FRICS, NE 2571000, info@shieldgroup. David Hammond Chartered 4284333, www.jptaylor.co.uk,
Coast, Brannen & Partners, uk.com - Steady demand for Surveyors, 01773 767776, dean@jptaylor.co.uk - We see
0191 2517878, www.brannen- good quality properties at residential@dvdhammond.co.uk, interest levels improving with
partnerts.co.uk, shaun. realistic prices. We expect this to residential@dvdhammond. both prospective tenants and
brannen@brannen-partners. continue through Spring. co.uk - New instructions slow - landlords looking to let. We
co.uk - Demand is still high, some landlords selling instead of expect this to continue.
whilst supply is decreasing. Peter Green, Halifax, Brearley- renting.
Greens, 01422 330088 - The J J Dell, MRICS FAAV, Oswestry,
Neil Foster, FRICS, Newcastle lettings market is not affected Grant Murray, MRICS, Oakham, J J Dell & CO, 01691 653437,
upon Tyne, Foster Maddison by seasons and weather as Murray, grant@murray.co.uk - www.jjdell.co.uk, property@jjdell.
Property Consultants, 01434 much as the sales side, although Poor weather, bad government co.uk - A shortage of instructions
605441 - Low stock levels lettings have improved from the policy. and tenants.
are pushing rents higher and depth of winter and we would
concerns over landlord migration expect that trend to carry on over John Chappell, MRICS, Jennifer Price, FRICS,
to other asset classes remain. the coming months. Skegness, Property Office, Birmingham, Harrison
01754 763520 - The letting Price Homes, jennifer@
Richard Towler, MRICS, Penrith, North West market is set for a major re- harrisonpricehomes.co.uk -
Eden Lettings & Management, alignment as MEES kicks in, Tenant demand steady, about
enquiries@edenletting.co.uk Ed Goodwin, Northwich, especially older properties. what is expected at this time of
- Some resurgence of interest Wright Marshall, 01606 We anticipate some smaller year.
from applicants, with property 41318, wrightmarshall.co.uk, landlords leaving the sector.
letting readily but increasing edgoodwin@wrightmarshall. John Ozwell, FRICS, Solihull,
signs of landlords selling instead. co.uk - Lack of decent properties Martin Pendered, FRICS, Hunters, 01564 771000 -
coming on to the market. Wellingborough, Martin Consistent demand especially for
Yorkshire & Humberside Pendered & Co Ltd, 01933 3 and 4 bedroom homes.
Mr John F Halman, FRICS, 228822, www.martinpendered.
Alex McNeil, MRICS, Wilmslow Cheshire, Gascoigne co.uk, mpendered@ Mike Arthan, FRICS, Shropshire,
Huddersfield, Bramleys, alex. Halman, 01625 460 344, www. martinpendered.co.uk - Barbers, m.arthan@barbers-
mcneil@bramleys1.co.uk - Slow gascoignehalman.co.uk, Demand remains good with online.co.uk - A good balanced
start to year. Number of lettings jane@gascoignehalman. quality property letting quickly. lettings market place. Tenants
agreed increased over last co.uk - Instructions are down. Landlords are still investing but are more discerning so poorer
month. Lower number of newer Managed portfolio is reducing price rises have reduced the quality stock is harder to let.
applicants, the average tenancy as landlords selling due to tax, returns over recent years.
term for an extended period EPCs, reducing rent, general Nicholas Lamb, MRICS,
is also lower compared with 3 affordability. Peter Buckingham, Market Birmingham & Surrounds,
years ago. Harborough, Andrew Granger Naismiths, 0121 262 3450, www.
East Midlands & Co, 01858 431315, www. naismiths.com, nicholas.lamb@
Chris Clubley, FRICS FAAV, andrewgranger.co.uk, peter. naismiths.com - Demand still
Market Weighton, Clubleys, Andrew W York, FRICS, buckingham@andrewgranger. outstripping supply for quality,
01430 874000, www.clubleys. Leicester, Moore & York Ltd, co.uk - Demand still exceeding properly managed stock,
com, mw@clubleys.com - Tenant 0116 2558666, mooreandyork. supply. especially in the family housing
demand has decreased and co.uk, andrew.york@ sector.
rental properties are remaining mooreandyork.co.uk - Steady Will Ravenhill, MNAEA
on the market longer. market. MARLA, Leicester, Readings, Richard Franklin, BSc (Hons)
0116 2227575, www. MRICS, Tenbury Wells, Franklin
David J Martindale, MRICS, Chris Beeby, DipREA FNAEA rreadingspropertygroup. Gallimore, 01584 810436 -
Wakefield, FSL, david. MARLA AssocRICS, Thrapston, com, wravenhill@ Strong demand for 2 bed+
martindale@fslea.com - Lettings Bletsoes, 01832 732188, readingspropertygroup.com - houses. Applicants are strong
continue to be very busy. bletsoes.co.uk, chris.beeby@ Demand has picked up after a although concern from landlords
bletsoes.co.uk - Lack of supply slow New year. We’re finding about potential changes where
I Adams, MRICS, Kingston upon pushing rents up. More landlords more tenants moving out though dogs may be permitted by law.
Hull, Metropolis Surveyors, selling and not being replaced. to buy property, which is no bad
ianadams31@yahoo.co.uk - thing I suppose! Ryan Williams, FRICS, Hay-on-
Single family units still being let Christopher Shallice, FRICS Wye, Herefordshire, McCartneys
almost immediately, HMO’s have FAAV, Holbeach, Hix & Son, West Midlands LLP, 01497 820 778, www.
an oversupply and landlords are 01406 422777 - Demand has mccartneys.co.uk, ryan@
having to accept void periods. recently improved with several Colin Townsend, MRICS, mccartneys.co.uk - Fewer buy
good quality tenant applications Malvern, John Goodwin, 01684 to let purchasers because of tax
John Reeves, FRICS, York, received during April. 892809, www.johngoodwin. changes and concerns about
Colenso, 01904 682800, co.uk, colin@johngoodwin. a possible drop in prices due
john-reeves@helmsley.co.uk - co.uk - Steady market. Rents to Brexit. Steady demand from
Pressure on rents to rise. continuing to rise albeit slowly. would be tenants.

Stephen Smith, MRICS, Walsall,


Fraser Wood, 01922 629000
- A distinct shortage of new
instructions.

13 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor comments - lettings

East Anglia Tony Jamieson, MRICS, London James Perris, MRICS, London,
Guildford, Clarke Gammon De Villiers, 020 7887 6009,
Chris Philpot, FRICS, Welers, 01483 880900, www. Allan Fuller, FRICS, Putney, james.perris@devilliers-
Stowmarket, Suffolk, Lacy Scott clarkegammon.co.uk, tony. Allan Fuller Estate Agents, surveyors.co.uk - The reduced
and Knight, www.lsk.co.uk, jamieson@clarkegammon.co.uk 02087888822, allanfullr. demand for Corporate lets, which
cphilpot@lsk.co.uk - Still strong, - There has been an increase in co.uk, allan@allanfuller. will continue until post Brexit, is
but rents need to be right. properties available for rent and co.uk - Tenants are staying in affecting demand and value.
no increase in tenant demand the same properties longer,
Nigel Steele, FRICS, Norfolk, so rent values are falling and we on renewal landlords are not Jeremy Leaf, North Finchley,
Jackson-Stops, 01603 612333, expect this trend to continue. asking for higher rents, demand Jeremy Leaf & Co, jeremy@
www.jackson-stops.co.uk, nigel. levels are good but lack of new jeremyleaf.co.uk - More demand
steele@jackson-stops.co.uk - Zaza Oswald, FARLA, properties because there are this month compared to last but
Quality and good presentation Winchester, Carter Jonas, 01962 very few landlords now due to more stock available means
wins every time as long as the 876838, www.carterjonas.co.uk, tax changes rents hardly changing.
rent is at the right level. zaza.oswald@carterjonas.co.uk
- Shortage of stock currently but Angela Kelly, MRICS, City and Joe Arnold, MRICS Registered
South East even so, rents for larger houses Clerkenwell, Hurford Salvi Carr, Valuer, South London, Arnold &
above £2,500 down compared to 02074901122, hurford-salvi- Baldwin, 02086422999, www.
David Parish, FRICS, Upminster, previous years. carr.co.uk, angela.kelly@h-s-c. arnoldandbaldwin.co.uk, Joe@
Gates Parish & Co., 01708 co.uk - Across all our offices, the arnoldandbaldwin.co.uk - Plenty
250033 - There continues to South West number of valuations and new of demand for good quality stock.
be a good level of demand but properties coming to the market Not enough new stock though as
rents remain static. Tenants are Mark Annett, FRICS, Chipping is negligible - taxes on landlords landlords have shifted their focus
unwilling to offer excessive rents. Campden, Mark Annett & are such that adding to your up north.
Company, 01386 841622 - portfolio in the current climate
Hannah Ward, Hove, King Holding up well and demand is represents a poor financial John King, FRICS, Wimbledon,
and Chasemore, Hove, 01273 still as strong as ever. decision. Andrew Scott Robertson, 020
719625, hannah.ward@ 8971 6780, www.as-r.co.uk,
countrywide.co.uk - In general P Oughton, MARLA, B Bhalla, MRICS, HI, CEA, jking@as-r.co.uk - Weather
the current market seems very MNAEA, Cirencester and Hounslow - West London, permitting busy month, there has
poor at the moment. the Cotswolds, Moore Allen Acrewoods Chartered Surveyors, been an increase in the number
& Innocent, 01285651831, 02085775733, www.acrewoods. of enquires, but good quality
John Frost, MRICS, Gerrards www.mooreallen.co.uk, paul. com, enquiries@acrewoods.com stock while limited is producing
Cross, The Frost Partnership, oughton@mooreallen.co.uk - - Demand is greatest for modern higher rental offers.
01494 680909, frostweb.co.uk, Applicant demand strong, new flats. There is a poor market for
beaconsfield@frostsurveyors. property supply dropping, rents second hand converted flats. John King, FRICS, Merton LB,
co.uk - Buy To Let investors supported. Landlords are reducing rents to Andrew Scott Robertson, 020
have disappeared, which has meet low levels of demand. 8971 6780, www.as-r.co.uk,
effectively decreased the number Simon Cooper, FRICS, Exeter, jking@as-r.co.uk - A recent
of properties, which in turn could Stags, 01392 255202, stags. Benjamin Mire, Former FRICS, upturn in the number of tenant
lead to an increase in rents. co.uk, s.cooper@stags.co.uk London, NW9, Trust Property enquires, although good quality
- Tenant demand still strong Management, 02083586543, stock levels remain low, fuelling
John Frost, MRICS, Slough, and there is not enough supply. http://www.trustpremier.co.uk/, rental levels when available.
The Frost Partnership, 01494 Government policy is putting off bmire@trustplc.com - We are
680909, frostweb.co.uk, potential landlords. seeing strong demand from Mark Wilson, MRICS, London,
beaconsfield@frostsurveyors. tenants as well as an increasing Globe Apartments, 020
co.uk - Tax measures imposed Wales number of instructions from 7935 9512, www.globeapt.
on landlords has decreased the landlords which we ascribe to our com, mark@globeapt.com - If
supply of properties to let and Anthony Filice, FRICS, Cardiff, client service satisfaction. Landlords take a view on the rent
this could lead to an increase in Kelvin Francis, 02920 766538, there is business to be done. We
rents. www.kelvinfrancis.com, tony@ Henry Wilson, London, Cluttons, are a little happier than this time
kelvinfrancis.com - Continuing 020 7488 4858, henry.wilson@ last month. Is it a trend? We are
Martin Allen, MRICS, Wingham, shortage of 2/3 bedroom cluttons.com - Busy with doubtful.
Canterbury, Elgars, 01227 properties, with Lets being enquires and new tenancies,
720557, www.elgars.uk.com, agreed rapidly. Fewer Landlords prices are sensitive, high prices Paul Whitley, West Drayton,
m.allen@elgars.uk.com - are selling properties from their not being achieved. R Whitley & Co, 1895442711,
Demand is still strong and many portfolios. estate@r.whitley.co.uk - Buy
lettings are being agreed before James Gubbins, MRICS, Pimlico, to let market impacted by
properties are advertised. Paul Lucas, FRICS, Dauntons, 020 78348000, www. government measures with
Haverfordwest, R.K.Lucas dauntons.co.uk, mail@dauntons. regard to increase in stamp duty
Michael Brooker, FRICS, & Son, 01437762538, www. co.uk - Market improving - more etc.
Crowborough, Michael Brooker, rklucas.co.uk, paul@rklucas. tenants registering, ready to
0189266337, michael@ co.uk - Activity remains resilient move in early summer. Simon Aldous, MRICS, London,
michaelbrooker.co.uk - Steady in current conditions. Savills, 02070163861, savills.
co.uk, saldous@savills.com -
Market rents are still falling but
now at a slower pace, with the
weak sales market, demand
remains relatively strong.

14 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor comments - lettings


Terry Osborne, FRICS, SW1, John Brown, FRICS, Edinburgh-
Tuckerman Residential Ltd, 020 East of Scotland, John Brown
7222 5510, tosborne123@yahoo. and Company, 07768583919,
com - Brexit. JB-UK.com, john.brown@
jb-uk.com - Popularity of renting
Will Barnes Yallowley, continues, as prices are getting
AssocRICS, Kensington London, out of reach of the younger
LHH Residential, 02073762286, buyer. Wages are still lowish and
www.lhhresidential.co.uk, will@ rents are increasing.
lhhresidential.co.uk - The market
continues to be very price John Gell, MRICS, Inverness,
sensitive. Simply Let, 01463 718888,
www.simplylet.biz, john.gell@
Scotland simplylet.biz - Market steady.
Some landlords moving to short-
Fraser Crichton, MRICS, term lets, but equally others
Edinburgh, Dove Davies, seeking to invest.
01312283999, www.dovedavies.
com, fcrichton@dovedavies.com Neil Woodhead, FRICS,
- There remains strong demand Inverclyde, Castle Estates,
for most properties in and around 01475784781, www.castle-
Edinburgh with one bedroom estates.co, neil@castle-estates.
flats and HMO’s in highest co - Quality stock now being
demand. sold as tenants vacate now
creating a surplus of poor quality
Gordon Macdonald, FRICS, properties.
Aberdeen & Aberdeenshire,
Allied Surveyors Scotland, 01224 Rachel Bromby, MRICS,
571163, gordon.macdonald@ Nairn, Cawdor Estate, rachel@
alliedsurveyorsscotland.com - cawdor.com - The new Private
Still a considerable excess of Residential Tenancy is affecting
supply over demand, though confidence in the market. Rent
that is being slowly improved as reviews are likely to be more
many casual buy to let investors frequent and rents are increased
leave the market. to reflect tenant security and
reduced capital values.
Grant Robertson, MRICS,
Glasgow, Allied Surveyors, Northern Ireland
0141 330 9950 - The Scottish
Government’s meddling in the Gareth Gibson, FRICS, Belfast,
market has had the expected Douglas Huston, 02890683711,
effect. Landlords leaving or not www.douglashuston.com,
entering the market, leaving gareth@hustonestateagents.
reduced stock and rents com - Rental market remains
increasing. strong particularly for high end
property. The low end of the
Ian Fergusson , FRICS, Stirling, market continues to have strong
J&E Shepherd, 01786450438, demand with slight increase in
www.shepherd.co.uk, Ian. rental values.
fergusson@shepherd.co.uk -
Steady and predictable with rents Kirby O’Connor, AssocRics,
stable and rental growth working Belfast, GOC Estate Agents,
its way in as landlords seek to 02890662366, www.
recover extra costs due to tax gocestateagents.com, kirby@
and agents fee changes. gocestateagents.com - Rentals
are very strong at all levels. We
Ian Morton, MRICS, St Andrews, have just released our student
Bradburne & Co, 1334479479, properties, all let earlier than last
bradburne.co.uk, info@ year, good strong demand.
bradburne.co.uk - Lettings
continue to increase with Samuel Dickey, MRICS, Belfast,
demand from tenants who are Simon Brien Residential,
hesitant to buy due to political/ 02890595555, www.simonbrien.
economic uncertainty. com, sdickey@simonbrien.com
- Rental is still a very popular
choice for many.

15 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor contact details

North Sue Nelson, Keswick, Edwin Michael Darwin, MRICS, Martin Gallagher, Bury, Entwistle
Thompson, s.nelson@edwin- Northallerton, M W Darwin & Green, martin.gallagher@
Andrew Holmes, BSc (Hons) Dip thompson.co.uk Sons, 01609 773567, www. entwistlegreen.co.uk
Surv MRICS, Kendal, Thompson darwin-homes.co.uk, enquiries@
Hayton Winkley Estate Agents, Yorkshire & Humberside darwin-homes.co.uk Mr John F Halman, FRICS,
01539 815700 Wilmslow Cheshire, Gascoigne
Alex McNeil, MRICS, N P Wood, MRICS, Bradford, Halman, 01625 460 344, www.
Dan Maddison, MRICS, Hexham, Huddersfield, Bramleys, alex. Yorkshire Property Surveyors, gascoignehalman.co.uk, jane@
Foster Maddison Property mcneil@bramleys1.co.uk 07522 309582, wood.nick78@ gascoignehalman.co.uk
Consultants, 01434 605441 yahoo.co.uk
Chris Clubley, FRICS FAAV, Robert Ikin, FRICS, Tarporley,
Denise Walls, AssocRICS, Market Weighton, Clubleys, Pete Shield, FRICS, Sheffield, Wright Marshall, 01829 770310,
Houghton le Spring, Kimmitt and 01430 874000, www.clubleys. Shield Estates UK Limited, 0114 robertikin@wrightmarshall.co.uk
Roberts, 0191 5848080, www. com, mw@clubleys.com 2571000, info@shieldgroup.
kimmittandroberts.com, denise. uk.com Stephen Dodgson, BSc
walls@kimmittandroberts.com David Blagden, FRICS, FRICS, Wirral, Rainfords
Harrogate, Esurv Chartered Peter Green, , Halifax, Brearley- Chartered Surveyors, http://
Keith Johnson, FRICS, Durham, Surveyors, 01423 531696, www. Greens, 01422 330088 charteredsurveyorcheshire.
J W Wood, 01913869921, www. esurv.co.uk, david.blagden@ co.uk/, steve.dodgson@live.
jww.co.uk, g.graham@jww.co.uk esurv.co.uk Peter M Mawer, FRICS, co.uk
Bridlington, Cranswicks, info@
Mr T H Brannen, FRICS, NE David J Martindale, MRICS, cranswicks.com East Midlands
Coast, Brannen & Partners, Wakefield, FSL, david.
0191 2517878, www.brannen- martindale@fslea.com Richard Smailes, Harrogate, Andrew W York, FRICS,
partnerts.co.uk, shaun. FSS, richard.smailes@ Leicester, Moore & York Ltd,
brannen@brannen-partners. David Pank, FRICS, Leeds/ fssproperty.co.uk 0116 2558666, mooreandyork.
co.uk Wakefield, Manning Stainton, co.uk, andrew.york@
dpank50@gmail.com Simon Dee, MRICS, Driffield, mooreandyork.co.uk
Neil Foster, FRICS, Newcastle Dee Atkinson & Harrison, 01377
upon Tyne, Foster Maddison I Adams, MRICS, Kingston upon 241919, simon@dee-atkinson- Ben MacIntyre, MRICS,
Property Consultants, 01434 Hull, Metropolis Surveyors, harrison.co.uk BRACKLEY, Macintyers Ltd,
605441 ianadams31@yahoo.co.uk 01280 701001, www.macintyers.
William Marshall, Leeds, Adair co.uk, ben@macintyers.co.uk
Paul McSkimmings, BSc(Hons) James Brown, MRICS, Paxton, 0113 205 4190
MRICS, Newcastle upon Tyne, Richmond, Norman F Brown, C Ball, MRICS, Buxton, Bury &
Edward Watson Associates, 01748822473, normanfbrown. North West Hilton, Charles@buryandhilton.
0191 2812444, www. co.uk, belindandjames@hotmail. co.uk
edwardwatson-assoc.com, co.uk Andrew Croft, AssocRICS,
paul@edwardwatson-assoc.com Liverpool, Private Investment Chris Beeby, DipREA FNAEA
John E Haigh, MRICS FAAV, Company, croft.andrew1@gmail. MARLA AssocRICS, Thrapston,
Paul Parkinson, AssocRICS, Knaresborough, Lister Haigh com Bletsoes, 01832 732188,
Gateshead, Countrywide, (Knaresborough) Limited, 01423 bletsoes.co.uk, chris.beeby@
parki_4@hotmail.com 860322, www.listerhaigh.co.uk, Derek Coates, MRICS, bletsoes.co.uk
knaresborough@listerhaigh. Liverpool, Venmore, 0151 236
Peter Bartley, MRICS, Durham, co.uk 0301, www.venmores.co.uk, Chris Charlton, FRICS,
Bradley Hall, 0191 3839999, d.coates@venmores.co.uk Nottinghamshire, Savills,
peter@bradleyhall.co.uk John Reeves, FRICS, York, 01159348020, www.savills.com,
Colenso, 01904 682800, john- Ed Goodwin, Northwich, ccharlton@savills.com
Richard Harkness, MRICS, reeves@helmsley.co.uk Wright Marshall, 01606
Kirkby Lonsdale, Hackney 41318, wrightmarshall.co.uk, Christopher Shallice, FRICS
& Leigh, richardharkness@ Kenneth Bird, MRICS, Wetherby, edgoodwin@wrightmarshall. FAAV, Holbeach, Hix & Son,
hackney-leigh.co.uk Renton & Parr, 01937 582731, co.uk 01406 422777
www.rentonandparr.co.uk, ken@
Richard Henderson, MRICS rentonandparr.co.uk I C Macklin, FRICS, Hale Hale Dan Elliott, MRICS, Chesterfield,
FAAV, Crook, Addisons Barns Timperley, Ian Macklin Wilkins Vardy, 01246 270123,
Chartered Surveyors, 01388 Mark J Hunter, MRICS, & Company, 0161 980 8011, www.wilkins-vardy.co.uk, dan@
766676, www.addisons- Doncaster, Grice and Hunter, ianmacklin.com, halebarns@ wilkins-vardy.co.uk
surveyors.co.uk, richard. 01302 360141, www.grice ianmacklin.com
henderson@addisons-surveyors. hunter.co.uk, griceandhunter@ David Hammond, BSc
co.uk btconnect.com John Williams, FRICS MEWI, FRICS, Nottinghamshire,
Wirral, Brennan Ayre O’Neill LLP, David Hammond Chartered
Richard Towler, MRICS, Penrith, Michael Beech, MRICS, Skipton, 0151 343 9060, www.b-a-o.com, Surveyors, 01773 767776,
Eden Lettings & Management, WBW Surveyors Ltd, 01756 john@b-a-o.com residential@dvdhammond.co.uk,
enquiries@edenletting.co.uk 692900, www.wbwsurveyors. residential@dvdhammond.co.uk
co.uk, michael@wbwsurveyors. M.G.Fell, FRICS, Birkenhead,
Simon Bainbridge, MRICS, co.uk T.H.Woodhouse and Co, 0151 David Hawke, FRICS, Worksop,
Darlington, Savills, 01325 608 9776, thwoodhouse.co.uk, David Hawke & Co, 01909
370500, savills.co.uk, mikefell@thwoodhouse.co.uk 531450
sbainbridge@savills.com

16 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor contact details

Dean Wood, FRICS, East Roderic Turner, FRICS, John Ozwell, FRICS, Solihull, Chris Philpot, FRICS,
Midlands, Sonas, dean.wood@ Skegness, Turner Evans Hunters, 01564 771000 Stowmarket, Suffolk, Lacy Scott
sonassurveyors Stevens, roderic.turner@tes- and Knight, www.lsk.co.uk,
property.co.uk Julie Andow-Giles, ARICS, cphilpot@lsk.co.uk
Grant Murray, MRICS, Oakham, Stone and Stafford, Belvoir
Murray, grant@murray.co.uk Simon Bentley, MRICS, Lincoln, Stone and Stafford, 01785 Ian Cook, MRICS Registered
Mundys Property Services LLP, 818255, julie.andow-Giles@ Valuer, Norwich, Hupton Cook
Ian J Shaw, FRICS, Grantham, 01522 510044, www.mundys.net, belvoirlettings.com Limited, ian.cook@huptoncook.
Escritt Barrell Golding, ian. simon.bentley@mundys.net co.uk
shaw@ebgproperty.co.uk Mark Wiggin, MRICS, Ludlow,
stephen king, Market Strutt and Parker, mark.wiggin@ Jonathan Pearson, MRICS,
John Chappell, MRICS, harborough, King West, struttandparker.com Registered Valuer, East
Skegness, Property Office, 01858435970, www.kingwest. Anglia, Residentially Chartered
01754 763520 co.uk, sjking@kingwest.co.uk Mike Arthan, FRICS, Shropshire, Surveyors, jlp@residentially.
Barbers, m.arthan@barbers- co.uk
Kevin Gregory, FRICS, Steve Gadsby, BSc FRICS, online.co.uk
Leicester, Gregory Residential Derby, Gadsby Nichols, 01332 Mark Wood, MRICS, Cambridge,
Limited, 0116 2789979, kevin@ 296396, www.gadsbynichols. Nicholas Lamb, MRICS, Carter Jonas, 01223 403330,
gregoryresidential.co.uk co.uk, stevegadsby@ Birmingham & Surrounds, www.carterjonas.co.uk, mark.
gadsbynichols.co.uk Naismiths, 0121 262 3450, www. wood@carterjonas.co.uk
Marie Brear, , Chesterfield, naismiths.com, nicholas.lamb@
Wilkins hammond, marie.brear@ Tim Yeomans, MRICS, Derby/ naismiths.com Nigel Steele, FRICS, Norfolk,
wilkins-Hammond.com Nottingham, SDL, 07795266361, Jackson-Stops, 01603 612333,
tim.yeomans@sdlsurveying. Paul Britten, FRICS, Warwick, www.jackson-stops.co.uk, nigel.
Mark Newton, FRICS, Grantham, co.uk Godfrey-Payton, 01926 492511, steele@jackson-stops.co.uk
Newton Fallowell, 01476 591900, paul@godfrey-payton.co.uk
www.newtonfallowell.co.uk, Will Ravenhill, MNAEA Rob Swiney, MRICS, Bury St
mark.newton@newtonfallowell. MARLA, Leicester, Readings, Richard Franklin, BSc (Hons) Edmunds, Lacy Scott and Knight,
co.uk 0116 2227575, www. MRICS, Tenbury Wells, Franklin 01284 748636, www.lsk.co.uk,
rreadingspropertygroup. Gallimore, 01584 810436 rswiney@lsk.co.uk
Martin Pendered, FRICS, com, wravenhill@
Wellingborough, Martin readingspropertygroup.com Rosemary Cheadle, AssocRICS, South East
Pendered & Co Ltd, 01933 RICS Registered Valuer,
228822, www.martinpendered. West Midlands Wolverhampton, Worthington Andrew Frase, MRICS, London,
co.uk, mpendered@ Estates, enquiries@ Fraser and Fraser, andrew@
martinpendered.co.uk Andrew Pearce, Wolverhampton, worthingtonestates.co.uk fraserandfraser.co.uk
Millennium Properties, andrew@
Paul Jex, AssocRICS, Derby, millennium-properties.co.uk Ryan Williams, FRICS, Hay-on- Anthony Webb, FRICS, Cobham,
Jex Surveyors Ltd, 03331210140, Wye, Herefordshire, McCartneys Surrey, Trenchard Arlidge,
www.jexsurveyors.co.uk, paul@ C ball, MRICS, Leek, Bury & LLP, 01497 820 778, www. 01932 864242, www.trenchard-
jexsurveyors.co.uk Hilton, Charles@buryandhilton. mccartneys.co.uk, ryan@ arlidge.,co.uk, twebb@
co.uk mccartneys.co.uk trenchard-arlidge.co.uk
Paul Perriam, BSc (Hons)
MRICS, Nottingham, William H C Ball, MRICS, Cheadle, Bury & Stephen Barber, Stafford, Ben Banister, AssocRICS, Kent,
Brown/Bagshaws Residential, Hilton, Charles@buryandhilton. Bridgfords, 01785212112, Andersons and Associates, ben.
01332 542299, www. co.uk stephen.barber@ banister@andersonsassociates.
sequencehome.co.uk, paul. bridgfordscountrywide.co.uk co.uk
perriam@sequencehome.co.uk Colin Townsend, MRICS,
Malvern, John Goodwin, 01684 Stephen Smith, MRICS, Walsall, Chris Clark, FRICS, Eastleigh,
Peter Buckingham, Market 892809, www.johngoodwin. Fraser Wood, 01922 629000 Ely Langley Greig, 023
Harborough, Andrew Granger co.uk, colin@johngoodwin.co.uk 80274211, chrisclark@
& Co, 01858 431315, www. Stewart Sherman, MRICS, elgsurveyors.co.k
andrewgranger.co.uk, peter. Dean Taylor, MRICS, Harborne, Birmingham, Chamberlains
buckingham@andrewgranger. Birmingham, JPTaylor, 0121 Chartered Surveyors, Chris Gooch, MRICS,
co.uk 4284333, www.jptaylor.co.uk, 01214284290, www. Winchester, Carter Jonas, chris.
dean@jptaylor.co.uk chamberlainssurveyors. gooch@carterjonas.co.uk
Phil Morley, MRICS, Skegness, co.uk, stewart@
Phil W Morley, 01754 610654, J J Dell, MRICS FAAV, Oswestry, chamberlainssurveyors.co.uk Christopher Beadle, ,
philwmorley@yahoo.co.uk J J Dell & CO, 01691 653437, Billericay,essex, Bairstow Eves
www.jjdell.co.uk, property@jjdell. East Anglia Lettings, chris.beadle@crldirect.
Quentin Jackson-Stops, FRICS, co.uk co.uk
Northampton, Jackson-Stops, Andrew Tucker, MARLA,
01604 632991, www.jackson- Jennifer Price, FRICS, Cambridge, Bidwells, 01223 D J Bambrough, FRICS,
stops.co.uk, quentin.jackson- Birmingham, Harrison 841842, www.bidwells.co.uk, Milton Keynes, Connells
stops@jackson-stops.co.uk Price Homes, jennifer@ andrew.tucker@bidwells.co.uk Survey & Valuation, 01604
harrisonpricehomes.co.uk 790087, connells.co.uk, David.
bambrough@connells.co.uk

17 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor contact details

David Clifford-Smith, MRICS, Jamie Dore, Epsom, Gascoigne- Rob Wightman, MRICS, David Lewis, BSc Hons, West
Chelmsford, Beresfords, 01245 pees, 01372743911, jamie. Hungerford, Knight Frank, rob. Devon and East Cornwall, Stags,
422796, www.beresfords.co.uk, dore@gpees.co.uk wightman@knightfrank.com 01752 223933, www.stags.co.uk,
dcs@beresfords.co.uk d.lewis@stags.co.uk
John Frost, MRICS, Ashford/ S B B Askaroff, BSc (Hons)
David M Lambley, MRICS, South Beaconsfield/, Gerrards Cross/ MRICS, Eastbourne, Estatewise, David Mackenzie, Bath, Carter
West Hampshire, Longdown Langley/ Slough/ Windsor, 01323 412010 Jonas, 01225 747250
Management Ltd, dmlambley@ The Frost Partnership, 01494
longdown.uk.com 680909, frostweb.co.uk, Simon Deacon, FRICS, David McKillop, FRICS,
beaconsfield@frostsurveyors. Southend-on-Sea, Wheeldon & Salisbury, McKillop and Gregory,
David Nesbit, FRICS, co.uk Deacon, 01702 344621 dm@mckillopandgregory.co.uk
Portsmouth , D.M.Nesbit &
Company, 02392 864321, www. Kevin Townsend, MRICS, Sylvia Stone, MRICS, Dorking, David Robinson, AssocRICS,
nesbits.co.uk, davidnesbit@ Reading, Jim Townsend & White and Sons, sylvia.stone@ North Cornwall, Stags,
nesbits.co.uk Company, jimtownsendco@ whiteandsons.co.uk d.robinson@stags.co.uk
btinternet.com
David Parish, FRICS, Upminster, Tim Green, MRICS, South David Wilson, Swindon,
Gates Parish & Co., 01708 Kevin Waldron, AssocRICS , Oxfordshire, Green & Co, 01235 Taylors, david.wilson@
250033 Oxford, Kevin Waldron Property 763562, www.greenand.co.uk, taylorscountrywide.co.uk
Surveyor, kevinwaldron_ tim.green@greenand.co.uk
Donald Leslie, MRICS, propertysurveyor@btinternet. Eleanor Preece, Bath, Carter
Amersham, Donald Leslie & com Tom Gooderham, Canterbury, Jonas, 01225 747250, www.
Co Ltd, 01494 722006, www. Strutt & Parker, tom. carterjonas.co.uk, eleanor.
donaldleslie.co.uk, donald@ Mark Everett, FRICS, Epsom, gooderham@struttandparker. preece@carterjonas.co.uk
donaldleslie.co.uk Michael Everett & Company, com
www.michael-everett.co.uk, G C Thorne, FRICS, East
E M Rook, MRICS, Sevenoaks, markeverett@michael-everett. Tony Jamieson, MRICS, Dorset, Thornes/fisk, 01202-
Knight Frank, edward.rook@ co.uk Guildford, Clarke Gammon 684004, www.thornes.org.uk,
knightfrank.com Welers, 01483 880900, www. graham@thornes.org.uk
Martin Allen, MRICS, Wingham, clarkegammon.co.uk, tony.
Ed Westmacott, Newbury, Canterbury, Elgars, 01227 jamieson@clarkegammon.co.uk Hannah Isaacs, Taunton, Mayfair
Carter Jonas, ed.westmacott@ 720557, www.elgars.uk.com, Town & Country, hannah.
carterjonas.co.uk m.allen@elgars.uk.com W T Peppitt, MRICS, Cranbrook, isaacs@mayfairproperties.net
Savills (UK) Ltd, wpeppitt@
Edward Seymour, Lewes, Strutt Michael Brooker, FRICS, savills.com Ian Perry, FRICS, Cheltenham
and Parker, 01273 407014 Crowborough, Michael Brooker, Cirencester Nailsworth Stroud
0189266337, michael@ William Leschallas, MRICS, tetbury, Perry Bishop and
Eoin Hill, MRICS, Newbury, SDL michaelbrooker.co.uk Burford, Jackson-Stops, Chambers, 07774 726665,
Surveying, Eoin.hill@Talk21.com 01993822661, jackson-stops. perrybishop.co.uk, ianperry@
Montague Howard, MRICS, High co.uk, william.leschallas@ perrybishop.co.uk
Fiona Minx, FARLA, Newbury, Wycombe, Montague Howard jackson-stops.co.uk
Berkshire, Carter Jonas, fiona. Associates, 01494 528006, James Wilson, MRICS,
minx@carterjonas.co.uk www.mha-turnkey.co.uk, Zaza Oswald, FARLA, Shaftesbury, Jackson-Stops,
montaguehoward@tiscali.co.uk Winchester, Carter Jonas, 01962 01747 850858, jackson-stops.
Hannah Ward, Hove, King 876838, www.carterjonas.co.uk, co.uk, james.wilson@jackson-
and Chasemore, Hove, 01273 Natalie Meech, Oxford, zaza.oswald@carterjonas.co.uk stops.co.uk
719625, hannah.ward@ Countrywide Residential
countrywide.co.uk Lettings, 01865 477059 South West Jeff Cole, MRICS, Wadebridge,
Cole Rayment & White,
Howard Mecklenburgh, MRICS, Nigel Sloper, MRICS, Ben Sharp, AssocRICS, Bristol 01208813595, www.crw.co.uk,
Watford, LP&M, howard@ Portsmouth, Finance Planning / North Somerset, Esurv jeff.cole@crw.co.uk
lpandm.co.uk Surveying Services Limited, Chartered Surveyors, ben.
nigel.sloper@financeplanning. sharp@esurv.co.uk Jeremy Priestley, FRICS, Poole,
Ian Jones, MRICS, co.uk Berkeleys, 01202 708383,
Guildford, Ian Jones MRICS, Charlie Barrett, MRICS, North www.berkeleys.com, jeremy.
cornerstonesurrey@hotmail. Paul Christian Bird, MRICS, Devon, Bradleys, charliebarrett@ priestley@yougroup.co.uk
co.uk Braintree Essex, Joscelyne beagroup.co.uk
Chase, 01376 554518, www. John Blake, FRICS, Liskeard,
Ian Perry, FRICS, Fairford, joscelynechase.co.uk, paul@ Christopher Bailey, MRICS, Jefferys, 01579342400, www.
Faringdon, Lechlade, Highworth joscelynechase.co.uk Exeter, Knight Frank, christopher. jefferys.uk.com, johnblake@
Witney, Perry Bishop and bailey@knightfrank.com jefferys.uk.com
Chambers, 07774 726665, Philip Hiatt, MRICS, East
perrybsihop.co.uk, ianperry@ Grinstead, Your Move Philip David Harrison, FRICS, Taunton, John Corben, FRICS FCABE,
perrybishop.co.uk Hiatt, 01342 321142, www. HarrisonsSurveyors Ltd, 01823 Swanage, Corbens, 01929
your-move.co.uk/, philip.hiatt@ 400606, harrisons@sloughfarm. 422284, corbens.co.uk, john@
James Crawford, BSc MRICS, your-move.co.uk com corbens.co.uk
London, Knight Frank, 0207 861
1065, knightfrank.com, james.
crawford@knightfrank.com

18 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor contact details

John Woolley, FRICS, Salisbury, Stephen Morris, MRICS, London James Gubbins, MRICS, Pimlico,
John Woolley Ltd, 01722 325650, BRISTOL & BATH, Davies Dauntons, 020 78348000, www.
www@johnwoolleyltd.co.uk, & Way, 01225 400400, AI, London, Iles Property, dauntons.co.uk, mail@dauntons.
john@johnwoolleyltd.co.uk daviesandway.com, alastair@ilesproperty.co.uk co.uk
stephenmorris@daviesandway.
Julian Bunkall, FRICS, com Alastair Mason, FRICS, Hackney James Perris, MRICS, London,
Dorchester, Jackson-Stops & / London, Bunch & Duke, 020 De Villiers, 020 7887 6009,
Staff, 07970 872974 Tim Maggs, MRICS, Bristol, 8986 3521, www.bunchandduke. james.perris@devilliers-
Maggs & Allen, timm@ com, hackney@bunchandduke. surveyors.co.uk
Lloyd Smale, FRICS, Exeter, maggsandallen.co.uk com
Drew Pearce, 01392 201748 Jeremy Leaf, North Finchley,
Wales Allan Fuller, FRICS, Putney, Jeremy Leaf & Co, jeremy@
Mark Annett, FRICS, Chipping Allan Fuller Estate Agents, jeremyleaf.co.uk
Campden, Mark Annett & Andrew Morgan, FRICS 02087888822, allanfullr.co.uk,
Company, 01386 841622 FAAV, Lampeter, Morgan allan@allanfuller.co.uk Joe Arnold, MRICS Registered
and Davies, 01570423623, Valuer, South London, Arnold &
O F Miles, FRICS, Swanage, morgananddavies.co.uk, Angela Kelly, MRICS, City and Baldwin, 02086422999, www.
Oliver Miles, 01929 426655, lampeter@morgananddavies. Clerkenwell, Hurford Salvi Carr, arnoldandbaldwin.co.uk, Joe@
www.olivermiles.co.uk, co.uk 02074901122, hurford-salvi-carr. arnoldandbaldwin.co.uk
olivermiles@olivermiles.co.uk co.uk, angela.kelly@h-s-c.co.uk
Anthony Filice, FRICS, Cardiff, Joe Glazebrook, Wapping,
P Oughton, MARLA, MNAEA, Kelvin Francis, 02920 766538, B Bhalla, MRICS, HI, CEA, Cluttons, joe.glazebrook@
Cirencester and the Cotswolds, www.kelvinfrancis.com, tony@ Hounslow - West London, cluttons.com
Moore Allen & Innocent, kelvinfrancis.com Acrewoods Chartered Surveyors,
01285651831, www.mooreallen. 02085775733, www.acrewoods. John King, FRICS, Wimbledon,
co.uk, paul.oughton@ D H Martin, FRICS, Newport/ com, enquiries@acrewoods.com Andrew Scott Robertson, 020
mooreallen.co.uk Cwmbran, Newland Rennie, 8971 6780, www.as-r.co.uk,
01633 221441, newlandrennie. Benjamin Mire, Former FRICS, jking@as-r.co.uk
Paul Cadge, , Salisbury, com, newport@newlandrennie. London, NW9, Trust Property
Myddelton & Major, 01722 com Management, 02083586543, John King, FRICS, Merton LB,
337575, paulcadge@ http://www.trustpremier.co.uk/, Andrew Scott Robertson, 020
myddeltonmajor.co.uk David James, FRICS, Brecon, bmire@trustplc.com 8971 6780, www.as-r.co.uk,
James Dean, 01874 624757, jking@as-r.co.uk
Paul Mayes, FRICS FCABE jamesdean.co.uk, david@ Chariton Symeou, MRICS,
MCMI IRRV (Hons), Swindon, jamesdean.co.uk Islington, Hanley Estates Jonathan F Slater, MA LLB
PLP Property Consultants, Ltd, 02072633388, www. MRICS, London, Foster Slater
lesley@plp.uk.com Giles Birt, BSc MRICS, Tenby, hanleyestates.com, harry@ Chartered Surveyors, 0208
Birt & Co, 01834 842204, www. hanleyestates.com 341 4146, fosterslater.co.uk,
Peter Olivey, MRICS, Padstow, birtandco.co.uk, giles.birt@ jonathan@fosterslater.co.uk
Cole Rayment and White, 01841 birtandco.co.uk Chris Morris, FARLA, London
533386, www.crw.co.uk, peter. - Islington, Cluttons, 0207 354 Joshua Homans, MRICS,
olivey@crw.co.uk J, AssocRICS, Swansea, Esurv, 6666, www.cluttons.com, chris. Stratford, Valunation, Joshua.
jessicalorrainegriffiths@hotmail. morris@cluttons.com homans@valunation.com
Robert Cooney, FRICS, Taunton, co.uk
Robert Cooney, 01823 230230, Christopher Ames, MRICS, Kevin Ryan, FRICS, Mayfair,
robertcooney.co.uk, robert. Paul Lucas, FRICS, Belgravia London, Ames CarterJonas LLP, kevin.ryan@
cooney@robertcooney.co.uk Haverfordwest, R.K.Lucas Belgravia, 02077301155, carterjonas.co.uk
& Son, 01437762538, www. amesbelgravia.co.uk, ca@
Robert House , FRICS, rklucas.co.uk, paul@rklucas. amesbelgravia.co.uk Mac, MRICS, London, Macneel,
Trowbridge and Melksham, co.uk Maclal66@gmail.com
Kavanaghs, roberthouse@ Christopher Green, FRICS,
kavanaghs.co.uk Roger Davies, MRICS, Cardigan, London, Curzon Land, cgreen@ Mark Wilson, MRICS, London,
JJMORRIS, 01239612343, curzonland.com Globe Apartments, 020 7935
Roger Punch, FRICS, South roger@jjmorris.com 9512, www.globeapt.com,
Devon, Marchand Petit, 01752 Deborah McGhee, AssocRICS, mark@globeapt.com
873311, www.marchandpetit. Simon Edwards, MRICS IRRV, Camden, deborahmcghee@
co.uk, roger.punch@ Brecon, McCartneys LLP, 01874 icloud.com Michael Henry, Islington,
marchandpetit.co.uk 610990, www.mccartneys.co.uk, Cluttons, 0207 354 6666, www.
simon.edwards@mccartneys. Ed, London, Cluttons, cluttons.com, michael.henry@
Simon Barker, MRICS, co.uk 02075841771, cluttons.com, cluttons.com
Sherborne, Knight Frank LLP, edward.cooper@cluttons.com
simon.barker@knightfrank.com William Graham, FRICS, Michael Pollard, FRICS, New
Newport, Graham & Co, Henry Wilson, London, Cluttons, Eltham, Pollards, 020 8859 3811
Simon Cooper, FRICS, Exeter, 01633254825, www. 020 7488 4858, henry.wilson@
Stags, 01392 255202, stags. homebuyers.wales, surveys@ cluttons.com Nieves Muros, London, Cluttons,
co.uk, s.cooper@stags.co.uk homebuyers.wales nieves.muros@cluttons.com
Ian Skinner, FRICS, Eltham,
Bernard Skinner, 020 8859 3033,
ian@bernardskinner.co.uk

19 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor contact details

Paul Whitley , West Drayton, Alasdair J Cameron, BSc (Hons) Ian Morton, MRICS, St Andrews, Robin Smith, MRICS, Dundee/
R Whitley & Co, 1895442711, MRICS, Ayrshire, Graham + Bradburne & Co, 1334479479, Angus, Walker Fraser Steele,
estate@r.whitley.co.uk Sibbald, acameron@g-s.co.uk bradburne.co.uk, info@ Walkerfrasresteele.co.uk, robin.
bradburne.co.uk smith@walkerfrasersteele.co.uk
Paul Wright, MRICS, London, Alex Inglis, MRICS, Scottish
Sidcup, paw@mapsurveyors. Borders, Galbraith, 01573 224 Jason Begg, MRICS, Aberdeen, Ronald G Smith, MRICS,
co.uk 244, galbraithgroup.com, alex. J&E Shepherd, j.begg@ East Dunbartonshire/North
inglis@galbraithgroup.com shepherd.co.uk Lanarkshire, Shepherd
Peter Gunby, MRICS, Ilford, Chartered Surveyors, 01236
B. Bailey & Co Ltd, enquries@ Angus Carruthers, MRICS, John Brown, FRICS, Edinburgh- 780000, www.shepherd.co.uk,
bbailey.co.uk Angus, Shepherd Chartered East of Scotland, John Brown ronnie.smith@shepherd.co.uk
Surveyors, a.carruthers@ and Company, 07768583919,
Richard Taylor, MRICS, London, shepherd.co.uk JB-UK.com, john.brown@jb-uk. Scott Holley, PER, Perthshire,
London’s Surveyors & Valuers, com Galbraith, scott.holley@
londons@lcsv.co.uj Carolyn Davies, MRICS, galbraithgroup.com
Dumfries, Savills, 01387 263066, John Gell, MRICS, Inverness,
Richard Taylor, MRICS, London, savills.co.uk, cmadavies@savills. Simply Let, 01463 718888, Thomas Baird, MRICS, Glasgow,
London’s Surveyors & Valuers, com www.simplylet.biz, john.gell@ Select Surveyors Ltd, 0141 632
0207 491 7178, richard@lcsv. simplylet.biz 6589, www.selectsurveyors.
co.uk Chris Hall, MRICS, Edinburgh, co.uk, reception@
Rettie and Co, 0131 220 4160, Kevin I Angus, MRICS, J & E selectsurveyors.co.uk
Robert Green, MRICS, South www.rettie.co.uk, chris.hall@ Shepherd, 01224 202800, www.
Kensington/ Chelsea/, Battersea/ rettie.co.uk shepherd.co.uk, kevin.angus@ Tom Murray, AssocRICS
Belgravia/ Fulham/ Wandsworth, shepherd.co.uk & RICS Registered Valuer,
John D Wood & Co., 020 7352 Craig Henderson, MRICA, Girvan, Galloway & Ayrshire
1484 Ayrshire, Graham & Sibbald, Kevin MacDonald, MRICS, Properties, 01465 713498,
01292 271030, www.g-s.co.uk, Inverness, Graham + Sibbald, www.gapinthemarket.com, tom.
Simon Aldous, MRICS, London, craig.henderson@g-s.co.uk 01463 236977, www.g-s.co.uk, murray@gapinthemarket.com
Savills, 02070163861, savills. kmacdonald@g-s.co.uk
co.uk, saldous@savills.com David Cruickshank, MRICS, Northern Ireland
Elgin, D M Hall, 01343 548 501, Marion Currie, AssocRICS, RICS
Stephen Birtwistle , MRICS, david.cruickshank@dmhall.co.uk Registered Valuer, Dumfries Aidan Conway, MRICS,
London, Daniel Watney LLP, & Galloway, Galbraith, 01556 Londonderry, P Andrews
sbirtwistle@danielwatney.co.uk Fraser Crichton, MRICS, 505346, www.galbraithgroup. Chartered Surveyors,
Edinburgh, Dove Davies, com, marion.currie@ 02871263635, www.
Terry Osborne, FRICS, SW1, 01312283999, www.dovedavies. galbraithgroup.com andrewscharteredsurveyors.
Tuckerman Residential Ltd, 020 com, fcrichton@dovedavies.com co.uk, info@patandrews.co.uk
7222 5510, tosborne123@yahoo. Michael Jones, MRICS, Rural
com Gordon Macdonald, FRICS, Scotland, Knight Frank, michael. Alan Russell, MRICS,
Aberdeen & Aberdeenshire, jones@knightfarnk.com Newtownards, Russell Brothers,
Tom Dogger, MRICS, London, Allied Surveyors Scotland, 01224 info@russellbrothers.co.uk
Winkworth, tdogger@winkworth. 571163, , gordon.macdonald@ Neil Woodhead, FRICS,
co.uk alliedsurveyorsscotland.com Inverclyde, Castle Estates, Andrew Smyth, Belfast,
01475784781, www.castle- Macfarlane & Smyth, 028
Tom Griffin, Tower Bridge, Graeme Gilchrist, MRICS, estates.co, neil@castle-estates. 90325888, macfarlanesmyth.
Cluttons, 02074073669, tom. Dundee and Angus, Graham com. com, andrew.smyth@
griffin@cluttons.com + Sibbald, 01382 200064, macfarlanesmyth.com
www.g-s.co.uk, graeme. Paul Taylor, MRICS, Dundee, J &
Will Barnes Yallowley, gilchrist@g-s.co.uk E Shepherd, 01382 200454 Brian Turley, MRICS, Newry,
AssocRICS, Kensington London, Turley Property Comsultants,
LHH Residential, 02073762286, Graham Tonner, MRICS, Peter McEachran, FRICS, brian@turleyproperty.com
www.lhhresidential.co.uk, will@ Dundee, Graham + Sibbald, Renfrewshire, Graham + Sibbald,
lhhresidential.co.uk 01382200064, gtonner@g-s. 01418893251, www.g-s.co.uk, Daniel Mc Lernon, FRICS,
co.uk peter.mceachran@g-s.co.uk Omagh, Co. Tyrone, Mc Lernon
Scotland Estate Agents, 02882 242772,
Grant Robertson, MRICS, Rachel Bromby, MRICS, Nairn, www.mclernonestateagents.com,
Adrian Stott, FRICS, Lothians/ Glasgow, Allied Surveyors, 0141 Cawdor Estate, rachel@cawdor. info@mclernonestateagents.com
Northumberland, J and E 330 9950 com
Shepherd, 01316533456, Daniel Mc Lernon, FRICS,
shepherd.co.uk, a.stott@ Iain M Swayne, FRICS, Richard A Clowes, MRICS, Omagh, Co.tyrone, Mc
shepherd.co.uk Dunfermline and West Fife, DM Scottish Borders, DM Hall LLP, Lernon Estate Agents &
Hall, iain.swayne@dmhall.co.uk 01896 752009, www.dmhall. Valuers, 02882 242772, www.
Alasdair Hayworth, FRICS, co.uk, richard.clowes@dmhall. mclernonestateagents.com,
Glasgow, Walker Fraser Ian Fergusson, FRICS, Stirling, co.uk damclernon@gmail.cm
Steele, 0141 221 0442, J&E Shepherd, 01786450438,
www.walkerfrasersteele. www.shepherd.co.uk, Ian. Richard R Blanski, FRICS, Eoin Lawless, FRICS,
co.uk, alasdair.hayworth@ fergusson@shepherd.co.uk Kirkcaldy, Shepherd Surveyors, Warrenpoint, Eoin Lawless
walkerfrasersteele.co.uk 01592 205442, www. shepherd. Estate Agents, info@
co.uk, kirkcaldy@shepherd.co.uk lawlessestateagent.co.uk

20 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Surveyor contact details

Gareth Gibson, FRICS, Belfast, William Butcher, MRICS,


Douglas Huston, 02890683711, Coleraine, L Butcher. Chartered
www.douglashuston.com, Surveyor - Estate Agent,
gareth@hustonestateagents.com 07423 457240, liamgbutcher@
btinternet.com
Harry Clarke, FRICS, Ballymena
area, Harry Clarke & Co,
02825648829, www.harryclarke.
co.uk, info@harryclarke.co.uk

Heather Rountree, AssocRICS,


Belfast, Macfarlane & Smyth,
02890 325888, heather.
rountree@macfarlanesmyth.com

Joanne Glover , MRICS,


Downpatrick, Alexander Reid
& Frazer, 02844619966, www.
alexanderreidfrazer.com,
joanne@alexanderreidfrazer.
com

Kirby O’Connor, AssocRics,


Belfast, GOC Estate Agents,
02890662366, www.
gocestateagents.com, kirby@
gocestateagents.com

Norman Russell, MRICS,


Newtownards, Russell Brothers,
2891812145

Paul Birt, MRICS, Magherafelt,


Paul Birt Estate Agents, mail@
paulbirt.co.uk

Samuel Dickey, MRICS, Belfast,


Simon Brien Residential,
02890595555, www.simonbrien.
com, sdickey@simonbrien.com

Stephen Fitzpatrick, MRICS,


Newry Co.Down, Stephen
Fitzpatrick Estd.1881,
02830265533, www.stephen
fitzpatrick. co.uk, info @
stephenfitzpatrick.co.uk

Stephen Henry, AssocRICS,


Dungannon, Tom Henry &
Co, 02887726992, www.
tomhenryandco.com, stephen@
tomhenryandco.com

Terry Finlay, MRICS,


Enniskillen, Montgomery
Finlay & Co, 02866324485,
www.montgomeryfinlay.com,
montgomeryfinlayandco@
hotmail.com

Thomas G Henry, MRICS,


Dungannon, Tom Henry &
Co, 02887726992, www.
tomhenryandco.com, tom@
tomhenryandco.com

21 © RICS Economics 2018 April 2018


April 2018: UK Residential Market Survey rics.org/economics

Contacts
Economics Team Market Surveys & Reports

Janet Guilfoyle Download RICS Economic market surveys and reports:


Market Surveys Administrator www.rics.org/economics
+44( 0)20 7334 3890
jguilfoyle@rics.org • UK Residential Market Survey (monthly)
• UK Construction Market Survey (quarterly)
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• Global Commercial Property Monitor (quarterly)
+44( 0)20 7334 3774
• RICS / Ci Portuguese Housing Market Survey (monthly)
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Subscriptions
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All subscription enquiries to: economics@rics.org
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Silver package: POA
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+44(0)20 7695 1585 Housing market and lettings market data (questions 1-19).
This is the complete data set including the bedroom
tparsons@rics.org breakdown for questions 6-7 and 17-18.

Kisa Zehra
Economist
+44(0)20 7965 1675 • RICS supports academia and will supply the full data set
on a complementary basis.
kzehra@rics.org
• For the list of questions, refer to Methodology.
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22 © RICS Economics 2018 April 2018


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