Government to assist First Time Buyers

With the recent announcement by the Government to assist First Time Buyers on purchases up to £250,000 with the removal of stamp duty, and what appears to be the end of the Winter cold spell, Mather Marshall are expecting a very busy Spring period leading into the Summer.

People are slowly returning from their Easter Break and we can already see the level of enquiries on the increase.

The announcement that the General Election is to be held on May 6th 2010 will also have an effect on the property market. With each of the potential parties offering various incentives to house buyers and sellers alike, 2010 is looking to be a good year throughout the county.

Houses prices have started to recover from the lows of 2008/2009 and with the freeing up of mortgage monies it’s fair to say the housing market has started the road to recovery. On saying that we would still strongly advise people  to do “their homework” before agreeing a purchase and make sure funds are available and that they have sufficient monies to fulfil their agreement to purchase. We at Mather Marshall have in-house mortgage advisors who are able to have an informal chat with you regarding finances before you start the buying process so that you are fully aware of the costs involved and the size of deposit required

Once again let’s hope the new found confidence in the housing market continues .

Paul Mather, Mather Marshall Estate Agents

Paul Mather, Mather Marshall Estate Agents

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