… 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.
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When making probably the most important financial decision of your life, it pays to have the right advisors at your side.
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Retirement or semi-retirement is an exciting stage in life. Finding the right home to live in and enjoy it to the full is important. We know that and will do all that we can to understand what you’re looking for… before starting to search. And search we will, until we find the house of your dreams.
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Investing in UK Property
Others say, ‘location, location, location’. We say, ‘location, purpose, price, capital growth, rental returns’… the list goes on. Knowing the market is critical. Local knowledge is key. We ensure all aspects of your investment decision are addressed. Finding, analysing, negotiating, and completing… it’s what we do.
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Stacks Head Office
Old Severn Bridge House
Purton, Blakeney
Gloucestershire
GL15 4AX
+44(0) 1594 842 880
