THE pace of property valuations conducted in June 2016 in the UK increased both an annual basis and month on month, according to the latest research.
The total number of valuations carried out in June rose by four per cent compared to June 2015, and 24 per cent compared to the previous month, the report covering the month of the European Union referendum from Connells Survey and Valuation shows.
John Bagshaw, corporate services director of Connells Survey and Valuation, pointed out that the background to the figures is one of uncertainty and shock in the days after the UK decided to leave the EU, yet the property landscape appears surprisingly stable which he believes is encouraging.