Only way is up says MD

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The housing market remains tough, but stable, with sales holding up reasonably well, lettings booming and Blundells still able to make a profit, says managing director Steve Hinshelwood.

“We think the second half of 2011 will be better than the second half of 2010 and we are cautiously optimistic that there will be a bit more money available in 2012,” says Mr Hinshelwood. “Sooner or later, there is only one way that volumes can go – and that is up.’’