Recovery May Take eight years

‘Research has found that some homeowners will have to wait up to eight years for the value of their properties to return to pre-recession levels.

The average property in Wales is unlikely to regain its nominal 2007 value until 2021, which in effect is 14 years of zero growth for the principality’s homeowners, according to the company’s forecasts.

Homeowners in Yorkshire and the northwest will fare little better, with typical properties not expected to return to pre-crisis prices before 2020. For the country as a whole it will take until 2019 for the average property to return to its 2007 value of £184,131. If that figure is adjusted for inflation, the year will be 2031.’

Source: The Sunday Times

NICOLA HALL

BILSHAN MENSAH

Sam Inkersole

In 2022, Sam won the Taxation’s Rising Star award at the Taxation Awards in and was named in the Accountancy Age 35 Under 35.

Jon Wedge

While Jon’s client work focuses on the financial services sector, he also oversees the firm’s assurance service, as well as supporting the trainees following in his footsteps.

ELANA DIMMER

Elana joined us in 2017 as an ACA trainee, after graduating from Durham University where she had studied languages. She is now a manager in our assurance team.

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