Like many of its peers in the industry, Greycoat Real Estate has been obliged to take notice of an interesting new development. The reader will be aware that the passage of a new measure within the housing market may now be all but guaranteed.
Indeed, the Leasehold and Freehold Bill had its Second Reading in parliament yesterday. What happens next may soon be a done deal. It should be noted that this Second Reading has taken place in record time, at least by the recent standards of Parliament. And this is when Greycoat comes in.
It occurred less than two weeks after the time of its initial publication, Greycoat adds. As a result, clients of real estate agencies in the city of London have shown a record level of concern. Many are simply not sure what the bill may entail.
The current runners of agencies such as Greycoat Real Estate have been quick to offer a measure of aid and counsel. They have pointed out that the missing provisions have not yet been included. Once this is done, the Bill could impact millions of homeowners. it could also have a similar effect, whether good or bad, on home buyers across the U.K.
An optimistic take on the matter suggests that the Bill could lead to a number of needed improvements. These situation could soon be seen to take place at the level of the home buying and selling process. This is the kind of view of the matter that agencies with the expertise and insight of Greycoat Real Estate have been keen to offer.