High demand for new-build homes predicted for 2017

Strong demand for new-build homes will drive growth in Liverpool’s residential market in 2017, according to a local expert.

Peter Vella, regional sales and marketing director at Merseyside housebuilder Countryside, believes the demand for new properties will help the city and wider North West region defy any lingering Brexit uncertainty.

He says: “It’s certainly been an interesting year for housing in Liverpool, with the EU referendum feeding heavily into the uncertainty that has been linked with the UK’s property market.

“What’s interesting is that the number of new houses being built across the UK has actually increased over the last 12 months and there is confidence amongst property developers that the North West will continue to outperform as a region.

“In Liverpool countless young buyers were eager to secure new homes and schemes such as Help to Buy have gone a long way in encouraging affordability. This is expected to lead to a thriving market for new-build homes in the city during 2017.”

Read more expert insight about Liverpool’s property market outlook for 2017 in our latest Hot Topic.

About Author: YM Liverpool