I’m hearing a lot at the moment about people wanting to purchase below market value properties. Of Course, everybody would want to buy something under market value, however here are some facts that may make your view of these so-called properties change.
I’m often asked by clients how they should act when conducting a viewing.
It does depend on the individual, but here are a few pointers that may help.
The Bank of England have dropped interest rates to an all time low of 0.25%
So what does that mean to you and me? Well it means that there will be a little bit more money in people’s pockets and borrowing money is a bit cheaper. We have been stable at a half percent interest rate for around seven years now and lets face it it, it is not any major surprise that the Bank of England has done this….
The open house is a very special tool for the sale of any property, however, it must be used in precisely the correct way to generate positive results rather than negative!
According to the newly released Rightmove monthly statistics, East of England is still the most successful district within the UK for Price growth in 2016. The annual change so far this year has been an increase of 7.3% showing an average price with the East Anglia area of £336,000
If you have a house to sell, I would generally suggest you compile a shortlist of properties that you would view when you are ready to step it up a gear. If you have a house to sell and it is not on the market, you may find that not all vendors will consider a viewing.