October Property News

1st October 2017  |  12:00am

October Property News

With September well under way, and the start of the new school term, the usual September and October rush to secure a home in time for the New Year has been somewhat subdued.  

Whilst demand remains very strong, buyers would appear to be more price sensitive, and with the ongoing economic climate, a potential interest rate rise and the cloud of Brexit, they are taking longer to make decisions. With a good choice of properties currently available, buyers have more choice than we have been used to in recent times, so they are trying to secure a property which offer the best value for money.

As a result it is now sellers who need to be competitive in order to attract a buyer, the number of properties on the market that have been reduced in price recently demonstrates this. 

In the current market it has never been more important to choose an experienced and qualified agent who is able to take a pro-active approach by speaking to potential buyers rather than just depending on the internet portals.

Mortgage interest rates remain low and excellent opportunities exist to secure an attractive fixed rate loan ahead of a likely increase in rates in 2018.

Entering the market at the right price is crucial and we are on hand to advise on the best price for your property.