Housing Market Confidence Slow to Recover
Consumer confidence in the housing market doesn’t appear to have fully recovered since June’s General Election, according to new research from the Building Societies Association (BSA). It found that over a quarter of respondents (27%) do not agree that now is a good time to buy a property compared to just 23% who do. Although […]
Increase in Properties with Reduced Asking Prices
New analysis by property website Zoopla has revealed that over a third (34%) of properties on the market have had their asking prices reduced, which is an increase of 2.5% since March. However, the figures also show that the average discount now stands at 8.1% (£24,823) – slightly less than when the figures were reviewed […]
Flexibility is Key for First-Time Buyers
New research has revealed how flexibility and willingness to compromise are important for first-time buyers as they strive to take the first step on the property ladder. Ability to Compromise The study by Post Office Money looked at over 1,000 people who bought their first home in the last 24 months. They say compromise […]