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Archive: Welcome to the July 2022 Property Hub Blog. It’s been a very busy time for the property and mortgage market.
This month we’re providing a round up of the main issues including whether you should fix your mortgage rate for longer. Why so many properties are being down valued at the moment. And, why you should sell your home before falling in love with a new one.
Contact usAs always, we will be pulling the content together from our local Salisbury property partners – what we like to call the Salisbury Property Hub. So you can be sure you are getting the latest information from the experts who understand it best. If you would like to speak to us about anything you’ve read today, please do not hesitate to get in touch.
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July’s Mortgage Market News
Adam Nanson from Your Mortgage Expert provides July’s Mortgage Market News.
Read moreLatest figures show that the number of people fixing their mortgages for longer periods is soaring. Here, Adam discusses the benefits and downsides of fixing your rate for longer periods.
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July Property market update
Adam Nanson from Your Mortgage Expert provides the July Property Market update.
Read moreAccording to the latest index, average house prices have risen to £250,000 for the first time. With prices booming, figures also show that 1 in 20 house prices are reduced after offer. In this article, we discuss the dangers of overly inflated prices and urges caution when offering too much for the property of your dreams.
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July Estate Agent Update
Lou Fletcher from Piccolo Sales and Lettings provides July’s Estate Agent Update.
Read moreThis month, she talks about why finding a home before you have a buyer can be a huge risk.
“If you’ve decided you want to move, you could be thinking the same as thousands of other homeowners: there’s nothing on the market, so you’ll wait to put your home up for sale until you find your next one.
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July Your Mortgage Expert Update
Our Managing Director, Adam Nanson, provides the July Your Mortgage Expert update
Read moreThis month, Adam wanted to talk about why mortgage applications are taking longer than usual.
“Across the industry, we are seeing that mortgage applications are taking far longer than usual. The amount of time it takes for an offer to be approved for example is taking up to 6 weeks which is far longer than historically.
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Sign up to the Salisbury Property Hub Blog
Thank you for taking the time to read this Salisbury Property Hub Blog monthly update for July.
Sign upWe hope you found it useful and has helped you make informed choices with regards to your mortgage and property journey.
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Local property partners
At Your Mortgage Expert, we work hard to build valued connections with local and national businesses.
Find out moreOur carefully selected network of property partners are business contacts that are renowned for their customer service. While we take care in choosing local property partners to recommend to our clients, we cannot be held responsible for the service they provide. Find out more about our local property partners.
A MORTGAGE IS A LOAN SECURED AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
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