St George's Day sees the nation’s housing market dividing into two with house prices rising slowly in the North of England whilst falling in the South, mostly in the London area as a result of the market still coming to terms with the changes in Stamp Duty two years ago.

There’s a shortage of homes coming to market, which combined with people reviewing their mortgages as fixed deals come to an end, means now is a great time to consider moving or at least re-mortgaging your home before the next Bank of England review of interest rates which is due in May. 

First time buyers are active currently although a little older than anticipated, recent research by Keepmoat Homes revealed that 69 percent of people think that it’s harder to buy your first home than ever, yet the product range offered by our Mortgage Consultants is broader than it’s been in the past 10 years. This may be down to people staying in education longer before entering the work place or it may be that in the past 40 years the average time to save a deposit has doubled from just over 2 years to 5 years. Another figure that has doubled is the number of people that have help in raising their deposit, 48 percent of first time buyers have help from The Bank of Mum and Dad as opposed to 23 percent 40 years ago, the average BoMaD loan exceeds &10k. 

One great thing about the current market is that it moves quickly so if you are thinking of moving we’re finding buyers quicker on average than we’ve ever done post-recession. 

We’d love to help you with selling or financing your home, and have a team who take pride in making sure our customers are happy.