The property market traditionally begins to slow in the autumn, as people gear up for Christmas and the New Year celebrations; depending on the weather, interest revives in early spring, gaining momentum through the summer months. For the average seller/buyer, any movement on prices – up or down – reflects these levels of activity, however marginal.
Consequently, despite prophets of doom predictions, it is unlikely that Brexit – whether with or without a deal – will have an impact on the market. Interest rates are low, and there are some good mortgage deals available, including the various Government-sponsored initiatives on new build homes. Developers are also offering schemes, including Part-Exchange*.
Our advice – as always – is to seek independent guidance on the most appropriate financial options for your personal circumstances. So, be clear on what you want, where and why; whether selling or buying, take your time to check out the market, and feel free to consult our friendly, trained experts.