Musings of a London Property Finder
Nationwide Building Society published their monthly sales figures for August today stating that average prices are down 1.9pts month on month down 10.5pts since last year.
New build is predictably badly affected with estate agents reporting increased enquiries as people seek to find a bargain. Sales are still in short supply and the high number of property on sale is having a negative effect on prices in many areas.
Depressingly, the masses are opting for fixed rate loans, despite the fact that if anything rates are likely to decrease and that trackers now represent better value.
Message for today is get good mortgage advice and buy through someone who is on your side and who knows the market and every haggling trick in the book. It will save you a great deal of money, not to mention time, stress and hassle! This London Property Finder can save you time and money.