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House hunters

House hunters increase following General Election

According to data collated by NAEA Propertymark, the number of house hunters increased in January this year and the number of sales agreed also went up by a third. NAEA Propertymark is a national body that represents estate agents and their latest report shows how the property market has performed following the General Election*.

What this means for House Hunters

Adam Nanson, Managing Director for Your Mortgage Expert in Salisbury comments:

“There was a lot of uncertainty around the Housing Market in 2019 with some people putting off selling or buying until a firm path forward was decided on Brexit. And, it’s great news that the market seems to be picking up in 2020 with what many people are terming the “Boris Bounce”. This is where people feel reassured by the financial future of the country following Brexit.

“The figures from Propertymark show that the number of house hunters per estate agent branch increased by 22% in January 2020. This very much reflects our experience at Your Mortgage Expert. Many of our Salisbury clients tell us they feel more positively about making big decisions such as buying or selling a property.”

How Your Mortgage Expert can help

Adam continues:

“If you’ve been putting off making a big decision for whatever reason, speaking to a Mortgage Broker like Your Mortgage Expert can really help put things into perspective. We can’t predict the future, but we can help you understand what sort of mortgage you can afford. Our experienced team of Mortgage Advisers can also talk you through how fixing your rate could help give you security. And discuss whether your outgoings versus other options such as trackers.

“We will review your circumstances and give you the most appropriate mortgage rate advice for your affordability. We will also help you secure an agreement in principle. This is a useful thing to have prior to commencing negotiations.

“Your Mortgage Expert is independent. This means we know all the current deals and can make the most suitable recommendation for you based on your circumstances. Some of the deals may only be available through independent advisers.”

About Your Mortgage Expert

To speak to Your Mortgage Expert about your next mortgage, ring us now on 01722 322683 or complete a contact us form and let us know when we can call you back.

We don’t charge for an initial consultation, so by speaking with us, you won’t be under any obligation. To find out more about our services and how we operate, visit our about us section.

The information contained within this article was correct at the time of publication. It is intended for information only and does not constitute advice. TenetLime cannot be held responsible for information that was correct at the time of publication but subsequently changes or goes out of date due to changes in legislation. For further information, contact Your Mortgage Expert on 01722 322683.

Please note, if you click on the below links you will be departing from the regulated site of Your Mortgage Expert Ltd. Neither Your Mortgage Expert Ltd nor TenetLime are responsible for the accuracy of the information contained within the non-regulated site.

*Source: https://www.whatmortgage.co.uk/news/house-hunters-force-following-general-election/

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