As we all know “The easiest thing to do about anything is nothing” and with ‘threats’ of a Mansion Tax (most of us should be so lucky!), impending rising interest rates (likely to be some time ahead and minimal), mortgage delays (good things are worth waiting for!) and an impending General Election (Good news for many!) – It’s not surprising that some potential home movers may be thinking of putting their plans on hold, as that some property pundits are predicting a slow-down in the market.
But how do these things really affect people thinking of buying or selling and making a move? Well, in my experience, it shouldn’t affect your ultimate decision at all. And if you are looking to get on the property ladder, move-up or down market, buy to let or sell-up and get out of the market altogether (Have I missed anyone?) – You really shouldn’t let any of these things over-ride your own personal plans.
With house prices having stabilised and unlikely to move up much more this side of the election – and with property analysts forecasting house price growth of 30% or more, over the next five years – it seems like a good time to make a move, even if it means for some, moving into rented to secure a sale and be in a position to leap-on your ideal next home as and when it comes to market.
On that front, don’t wait for the right property to pop-up on the Internet – there seem to be plenty to choose from at present – although many are, maybe not being seen (wrong agent, wrong price or simply not presented very well – in the press or “in the flesh”!)– let us know just what you’re looking for and make use of our acquisition service – We can help you find properties that are not on the market (maybe where the owners have put their plans on hold after reading the “silly season” press”) and the service is free to anyone who is selling through us.
Roger Wilkinson
Wilkinson Grant & Co