19
Apr
Now is a 'good time' to buy property
Current market conditions represent a good opportunity for those
seeking to purchase property in the UK.
This is according to Timothy Lambert, head of consulting at
Ducalian, who said that although prices are not likely to "shoot
up" in the near future, they will increase.
The expert also noted that location, value and track record are all
factors that should be taken into account when consumers are
deciding which homes they want to buy.
He added: "It is certainly not a bad time to buy a house so long as
buyers do not stretch themselves financially."
Mr Lambert went on to state that while a variable-rate mortgage may
be cheap now, it will not stay that way indefinitely.
His comments follow the release of figures by the National
Association of Estate Agents, which showed that the number of sales
agreed per branch rose from an average of 6.8 in February to eight
in March.
