With major banks cutting rates on hundreds of mortgage deals, an increasing number of house-buyers are being tempted back in to the market.
With major banks cutting rates on hundreds of mortgage deals, an increasing number of house-buyers are being tempted back in to the market.
The recent slowdown in the housing market also means that there is plenty of room for negotiations when it comes to buying property, and this is also enticing purchasers.
The National Association of Property Buyers (NAPB) say that those looking to secure a property are “now benefitting from a more balanced market, for the first time in years.”
Spokesman Jonathan Rolande commented: “There’s no doubt that since Christmas, we’ve seen an upsurge in interest across the market from buyers. Luckily, the Christmas break came at a perfect time, because it had a restorative effect on the market. Headline writers reminding us about Liz Truss, Kwasi Kwarteng and botched budgets began writing about other things.