2 Feb

DON’T BELIEVE THE DOOM & GLOOM

December saw a record month at Bedfords’ Bury St Edmunds office, who oversaw 22 transactions in the run-up to Christmas and the New Year. “Although traditionally considered a quiet period, we have disappointed buyers looking for fresh property right now”, said Sales Manager Ro Percival.

“We read in the papers that the property market was slowing up towards the end of the year, but we have investors keen to acquire property, the low interest rates being offered by the banks make it a preferable alternative.”

“Properties are selling as long as they are priced competitively, and in some cases we have seen multiple interest and sealed bids.”

“Statistics in the national press show that more mortgages were approved in December 2011 than in the previous month and national builders are increasing their output, which shows home-buyers are also returning to the market alongside investors.”

If you are considering selling your property in the Spring now is the time to contact us for an up-to-date market appraisal please do not hesitate to contact Bedfords on 01284 769999.