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Nesbits News

Housing Market Conditions

We echo the Rightmove housing market comments: "The housing market fundamentals remain largely sound, but the current political climate means that the crucial ingredient of confidence has been impaired, and is causing some potential buyers and sellers to hesitate. With record employment, low interest rates and good mortgage availability, buyers have a lot in their favour apart from the lack of political certainty. Those who have postponed their purchase should note there should be more choice of properties to buy. It could be a good opportunity to negotiate a relative bargain in the second half of the year, if they can set aside the continuing Brexit distractions."

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