Wondering if now is a good time to find a buyer to sell your house to?
The latest figures from John Charcol Mortgage Index suggest home loans are very much available for purchases, despite the economic gloom.
It went on to point out that longer term deals offer the best value for borrowers.
Simon Collins, the product, technical Manager at John Charcol, suggested the market for residential and buy to let property is holding up surprisingly well.
“Residential purchases were up slightly on October at 57 per cent of business submitted,” he remarked. “The figure was also up over 10 per cent on the same month last year and would suggest that despite much of the reported negativity in the housing market there are still deals to be done.”
Mr Collins added that many landlords appear to be gearing up for an assault in the New Year to snap up some bargains.
December 16, 2011 at 11:20 am | Uncategorized |
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