Buy to let insurance policyholders have been told that although heavy snowfall in December slightly affected property sales, it will not have impacted on the whole UK housing market.
Helen Adams, managing director at FirstRungNow.com, said that housing prices were predicted to remain largely flat this year.
She explained: "I think that demand is perhaps a little bit worse than last year and sales were down a bit because of the weather. It might have had an effect just before Christmas but I don't think that it is really going to significantly affect the market for the whole of the UK."
Ms Adams added that price fluctuations could be a good opportunity for people to negotiate on the asking price and secure a place on the property ladder, particularly if the market is depressed or dipping.
The comments come as the Royal Institute of Chartered Surveyors revealed that the level of completed house sales stabilised at the end of 2010.
Helen Adams, managing director at FirstRungNow.com, said that housing prices were predicted to remain largely flat this year.
She explained: "I think that demand is perhaps a little bit worse than last year and sales were down a bit because of the weather. It might have had an effect just before Christmas but I don't think that it is really going to significantly affect the market for the whole of the UK."
Ms Adams added that price fluctuations could be a good opportunity for people to negotiate on the asking price and secure a place on the property ladder, particularly if the market is depressed or dipping.
The comments come as the Royal Institute of Chartered Surveyors revealed that the level of completed house sales stabilised at the end of 2010.
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