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Political uncertainty sees more homes coming onto market

The latest RICS UK housing market survey shows 21% of surveyors saw a rise in new house sale instructions in March, compared with 16% in February. This is the highest level of “vendor activity” since May 2007 – the peak of the market.

The tcl group, which works with many of the UK’s leading hosuebuilders, agreed with the report’s authors that political uncertainty in the run up to the election is pushing vendors to market their property before the new PM takes office.