An estate agency veteran has urged Government ministers to consider where their own children will live amid a continuing shortage of property on the market.
Simon Gerrard, managing director of Martyn Gerrard estate agents and past-president of the National Association of Estate Agents, has suggested buyers are still waiting for the dust to settle after September’s mini-Budget but argues the real issue the sector faces is a lack of supply.
It comes after Zoopla’s latest House Price Index shows house price growth has slowed and demand is rising but remains below the five-year average.