It is unlikely that there is one person in the UK who hasn’t been affected either directly or indirectly by the recession whether through redundancy, a drop in the market value of their home or being stuck with a property that they cannot sell through the traditional means of high street estate agents.
The way the market stands at present sees house prices slumped to an all time low and financial institutes such as banks and building societies have for some time been edging on the side of caution when lending money.
Today’s financial and property climate (given the lack of ‘enticing’ mortgage products available) has become a huge problem to the amount of first time buyers who are in a position where they are unable to afford a first time property.
With few first time buyers able to raise the high deposits required for virtually all new mortgage products, rising unemployment sliding house prices and the costly rise in daily living have all contributed towards the sluggish housing market and the lack of both buyers and sellers.
At Quick Buyers we make it possible for you to achieve a quick house sale in the UK.
March 16, 2012 at 12:54 pm | Quick House Sale |
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