What an interesting time we are experiencing in the UK presently!  Uncertainty is very much how the majority of people feel when it comes to the housing market but there are many positives such as decreasing mortgage rates making home ownership more affordable right now.

I feel that now is a fantastic time to buy as once the UK secures a few trade deals and our government settles down, confidence will return and house prices are only going one way, whether we like it or not..... that is UP.  Furthermore, a weak Pound is bringing monies in from overseas keeping prices very stable, even in an uncertain market!

I think that those who feel house prices will contract are so wrong.  We are a small island whereby demand still significantly outstrips supply and as such a reduction in house values is highly improbable.

Until next month.

Regards

Simon Hughes
MD