Property boom predicted for January 2016
According to leading property portal Rightmove, more people than ever before searched and researched property on their website last January, and this January, Rightmove has predicted that it looks to be more popular than ever.
Recent research also suggests that it is still a “seller’s market” and estate agents simply do not have enough properties in the window to cope with the increasing demand from buyers. The increased availability of mortgage products and more confidence in the economy as a whole had led buyers, who may not have previously considered getting on the property ladder, to now take the leap.
Add to this, the gradual withdrawal from the market of lower rate mortgage products together with the threat of an increase in interest rates in 2016. This is all leading to a rush onto the property market of buyers who are battling to take advantage of things as they are right now.
So if you are looking to purchase your first home, or wish to move to a bigger one, now is the time to think about do this. Delay could lead to you either missing out on your dream home, or simply being unable to afford to buy if the financial market moves.
We understand the importance of all of these issues to both a buyer and seller and one of our keys aims is to make the whole conveyancing process as stress free as possible. We understand that you will have a lot to think when moving home and we want to ensure that the legalities of doing are completed seamlessly and as quickly as possible so that you do not lose out on a dream property, or a mortgage product that works for you.
Contact out Property Team now on 0191 243 8167 and speak to Hayley Baker who can provide you with a complete fixed fee, no obligation quote. Alternatively you can email Hayley.firstname.lastname@example.org with a request for a quote.