The last few years have seen an exceptionally fast-moving property market that breaks records and defies conventional wisdom every month.
As the pressure on the housing market eases slightly this year, independent property finders are reporting that there are some attractive off-the-market opportunities coming up. This is a good time for those who want a country bolthole to start looking, as the exodus from the cities sparked by the pandemic is starting to reverse.
There is no better time to use a property finding service in London than when the market is hot and moves need to be made quickly to snap up good prospects – and that time is now.
The last few years have been a fascinating time to be a property investment company, navigating a market for which the term ‘fast-moving’ is perhaps an understatement.
Over the past few years, the limited supply and high demand for property has led to huge prices for buyers and property acquisition agents who are buying on the open market.
The concept of purchasing investment property with the intent of renovating it and selling for a profit has become incredibly popular in recent years.
Mortgage rates are likely to rise for many borrowers as they pass on the increase in interest rates. This means that mortgage customers on variable rates will almost certainly see their payments go up.
The London property market has lagged behind the rest of the UK over the last few years, but could be set for a fresh injection of impetus in 2022 as overseas buyers return, an estate agent has predicted.
The number of offers on London’s luxury homes has hit a 10-year high, as demand shifted back to the capital in November as the pandemic appeared to be receding.
Analysis by estate agent Hamptons has revealed that London-based home-buyers purchased more properties outside of the capital during 2021 than in any year since 2007.