Christmas is Coming

At this time of the year most vendors have one goal in common, to move before Christmas. The idea of being settled into a new home to host the friends and family gathering proves irresistible to many. The problem that remains for most vendors is the lack of property currently on the market. According to the National Association of Estate Agents, who only ever get it right and tell the truth, an average of five homebuyers is chasing each and every property on the market. This is certainly being experienced locally with most new property instructions being snapped up by a plethora of waiting applicants. Worryingly, the number of new buyers traditionally coming onto the market this time of year will be down, causing demand to further increase for available properties. We can only remain hopeful that as confidence and lending abilities improve, more people will be in a position to come on to the property market. A positive sign is that some of the biggest building societies have recently announced reductions in their home loan rates. This is good news for the recovery of the market and for the UK economy in general. At the end of the day our thoughts on the housing market are. “That it could be a lot worse out there! In fact, it has been and it was.”

Jeremey Godfrey Mather Marshall

Jeremey Godfrey Mather Marshall

Jeremey Godfrey Mather Marshall

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