The housing market is still showing encouraging signs after rallying in the spring and summer.
We have found sales steady in the starter to middle market, with buyers finding mortgage conditions easier than at the start of the year.
Lending rates have eased and with sellers being more realistic about prices, we have found it easier to tie up sales deals, thus allowing people to move up the housing ladder. This encouraging trend looks set to continue well into next year and so there has never been a better time to buy and sell.
With the approaching stamp duty change, with the lower rate reducing back to £125,000 on 31st December 2009, it is the ideal time to make the move and purchase a house in the £125,000 – £175,000 bracket and save yourself between £1250 and £1750 in stamp duty.
The rental sector is also still very buoyant, with high demand for quality flats and houses. Rental values have been pushed back up due to this demand, and thus there has never been a better tome to let.
At Bensons we can draw on twelve years of experience to advise on all aspects of sales, rentals and mortgages.
