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….
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.