Some Estate Agencies will only agree to put forward an offer for a property, if you take advice (and subsequently take up the mortgage offer) using their in-house mortgage adviser. This is known as ‘conditional selling’. This is both morally dubious and in fact illegal,...
Trust and Integrity: Important, when entrusting dealings in your most valuable material asset. Experience: 45 years under the original management, very few firms can truly claim that. Most ‘old names’ have been sold to new management. Qualified: The two principal Partner/Directors are Fellows of the RICS (The...
Have you? would you wish to pay over the market price in a bidding race? Would you want the recurring disappointment of missing that ideal property because you hadn’t sold your own? or that there will be a hold up in the chain and so...
January was the first field test, following on from an expensive Christmas, for the market to react. Surprisingly, house sale instructions took an upward turn and this was matched by house sales agreed, resulting in a positive month and a general feeling of optimism. February continued...
There are many good reasons and those can include, buying for the first time, moving area with employment, moving to the catchment areas of favoured schools and relationship break-ups. The ‘Baby Boom’ generation, born in the late 40’s and early 50’s, are approaching retirement and are...
We thought it may be helpful to provide you with some information on the state of the property market in 2023. Obviously there is inflation in the economy and the Government, together with the Bank of England will be doing what they can to reduce this...
The Halifax Building Society has recently reported that prices fell back by 2.3% in November, but less so, at 1.5% in December. To put perspective on this, prices increased in 2021 by 11% (on average in the UK) and a further 6% in the first half...
We believe that we are now in safe hands and are optimistic that the right policies will be undertaken to re-establish stability in the economy. Some of this will undoubtedly be painful, the fundamental remedies will be to increase taxes and to cut expenditure, but we...
Since the announcement of the ‘mini budget’ and the disruption that has occurred in the financial markets, you are probably wondering about the position with mortgages? Inflation was coming about already for external reasons, the debt incurred during the pandemic and support in the Ukraine war,...
In the face of the high level of inflation and rising interest rates, it is not unreasonable to anticipate some fall back in the market. However, it is our experience being on the ground, that this is not happening. Undoubtedly, the extreme pressure on purchasers has...