The question that everyone wants to the answer to, is now the right time to buy property?
Now this question has been asked by many and if you haven’t asked, you have probably been thinking it, am I right? Well we want to reassure you with our expert knowledge on the current market conditions and why anytime, given the correct circumstances, is the right time to buy.
Remember in 2007 when the media said it was the best time ever to buy a property? And then the market crashed? Then in 2009 when the market picked up, everyone was being told not to buy property, ‘It’s too risky’ and it turned out to be the best possible time to buy? The moral of the story is, try not to take too much attention of the media and really look at the fundamental reasons behind your purchase and the supply/demand factors in your area.
Look at your long-term ambitions for the property rather than the short-term uncertainties. There is always something in the way, Christmas, Brexit, school holidays, elections. These all provide a short-term level of unease. Although we understand that COVID-19 is a different kettle of fish, the property sector is pushing through and we are here to guide you through this difficult time with our expertise and knowledge of our local market.
In our opinion, if you are looking for a property in a good location with a popular level of supply and demand, the value will increase. The UK economy is still strong and the market prior to the COVID-19 outbreak was buoyant and active. Those that still need to move and have strong reason to, will continue to do so.
We have seen an extremely positive response to the market so far with properties selling for asking price and multiple offers obtained on properties. Our team are on hand to discuss your concerns, whether that be to discuss a valuation or how you can be improving your home.
We can be contacted on any of our office numbers if you would like a confidential chat about your property.