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| Property News | |
To Buy or Not To Buy With press speculation about the property market rife, what are buyers supposed to think? Will the market come down or will it remain static? Lets look at the facts. In the past, new home builders were the first to leave the market if prices looked certain to drop. Over the past few months we have received dozens of enquiries from developers looking to purchase redundant buildings and land. Mortgage lenders are continuously looking at ways to enable first time buyers get a foot on the property ladder with new products and services. The laws that govern pension funds with regard to purchasing property are soon to change. We have already received a number of new enquiries from Fund Managers preparing for these new regulations. We, as a company, can report that the market so far this year is reasonably robust. More new buyers are beginning their search and available property stocks are improving. Most buyers appear to have renewed confidence and do not perceive great changes in property prices. So, our verdict, no great change! 'The biggest commitment you make in life is still your best investment'.
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