Money, money, money….

… and nowhere for it to go.  For those who want to pick up a bargain this year and are lucky enough to have money or access to money, there is a nasty suprise in store. 

Across the country agents are reporting a lack of new potential instructions for the Spring market this year.  People aren’t selling.

Yes, there is plenty on the market that is overpriced and/or blighted, but quality properties, sensibly priced, are in very short supply.

Back to ‘bagging a bargain’ – our advice is to be very careful.  Particularly of a property, which is both blighted and overpriced – when the price suddenly tumbles to reflect the new realities of value, remember that it is still blighted.

Make sure that the price paid reflects BOTH value and blight, and the great aspects of the place heavily outweigh the bad.