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November News

Published: 16/11/2017 By Ezine & BK

So, did your bonfire night go with a ‘Bang’? It’s that time of year when ‘gun-powder, treason and plot’ fills the air with the smell of smoke and the sound of fireworks, long after the 5th of November has passed.

Now it’s over for another year and we can look forward to a very different kind of celebration - Christmas. It’s hard to imagine that within 6 weeks we’ll be there, having chosen the perfect tree, decked our homes in decorations, and indulging on food surrounding by family on Christmas day.

For some of you this may be your first Christmas in your new home, and we understand how exciting that may be.  For others it may be your last, again an exciting prospect as with the New Year coming in this also brings new beginnings, new chapter’s new experiences in your new home.  

In the meantime, house prices have rebounded somewhat in the last month, after a bit of a stall. But the big news, of course, is the increase in interest rates. It is the first rise in nearly a decade and was widely predicted. Now there are further rises anticipated in 2018. Mortgage approvals rose in September - all those canny buyers locking themselves into long term fixed rate deals, no doubt!

Realistically, the figures involved aren’t huge and would be largely offset by house price increases. But it does mean, if you’re looking to move in the near future, the best time is probably now, before there are any further interest rate rises.

So if you are interested in having your property valued, looking for a new home to buy or rent, or even thinking of having your current rental property managed then give us a call!