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Market Comment/News

Business as usual

Business as usual for sensibly priced homes

Recent talk in the press and media would suggest the market in homes for sale has slowed down significantly or even collapsed but partners at Robinson Jackson estate agencies are reporting that demand for sensibly priced properties is still good with families still needing to move home for the usual reasons.

Speaking from the Plumstead branch Senior mortgage partner Mark Alexander Commented “Despite alarmist messages that there are many fewer mortgages available we still have access to some really good schemes for those buyers with a good credit record who are now benefiting from the excellent choice of homes available. Motivated sellers are now willing to accept a fair price which is a key element. However I must stress it is now more important than ever that potential buyers speak to an independent mortgage adviser as soon as possible to get the full picture of  mortgage funds are available as the borrowing criteria now varies with all mortgage lenders. With regard to house prices all our branches regularly review their stock of homes for sale and try to give realistic advice to vendors, many of whom have benefited from getting a better than expected deal on the property they are buying ”

Estate agency partner Peter Jackson added “ This ‘sell for less but buy for less ‘market situation is perhaps the best way of currently moving home with the minimum of distress, disruption and expense. As experienced estate agents using our expert Sales Progressors we daily overcome problems by negotiating with others in the chain to the benefit of all thus enabling us to do our job of assisting families to move to that important new home without undue delays.”

With demand for homes surely to improve soon now is perhaps a rare widow of opportunity to find a real bargain!

 

6 August 2008