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Alert Hopeful Home Buyers This Could Be the Best Time of Year to Buy

Alert Hopeful Home Buyers This Could Be the Best Time of Year to Buy

There are a number of factors coming together in the UK that could be forming a great environment for hopeful home buyers to purchase a property. Those selling houses are becoming more assertive in pricing their homes to grab attention. Lenders are continuing in a competitive market and are putting out attractive deals for both home buyers seeking mortgages and homeowners seeking remortgages. There is also the fact that first time buyers could take advantage of a stamp duty benefit to help save money.

The housing market is important to the economy and despite the uncertainty in a Brexit future, consumers are still keen on investing in a home. First time buyers are underrepresented in the market, so there is the potential to see boosts in the housing market over the next couple of months.

This could offer strength to the market prior to the usual spring boost seen in the second quarter of the year.

Hopeful homebuyers could be welcomed into a very attractive housing market and lending market. Perhaps the best it might be all year long.

This positive atmosphere for buyers and home movers will spill over to homeowners. Homeowners will see their equity grow and that could put them into a better position for a lower interest rate remortgage or more cash release in a deal.

There are many unknowns in the UK economy, but those watching the housing market could be watching an unprecedented growth in such uncertainty. Experts are adjusting their forecasts and projections, because they have to take into account the deep desire of those in the UK to become home owners.

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