No price crash on the way, says e.surv

An exclusive overview of the UK housing market carried out for Mortgage Introducer by chartered surveyors, e.surv, has shown overall growth is still strong, although price growth has levelled out in some areas.

The company surveys around half a million properties annually.

According to e.surv national business development manager Richard Sexton warnings of an imminent crash should be ignored. “I believe the worst case scenario is that we will experience a soft landing, the doom mongers are way off the mark,” he said.

The overview showed the North still much stronger then the South in terms of house price rises and activity levels, though it indicated that the South was beginning to rebound.