Are We Heading Towards A Recovery In The Housing Market

15 Aug 2008

Over the last two months we as a firm have seen certain areas of the housing market and certain regions of the UK remain buoyant and buck the current downward trend in the property market.

Interest rates are decreasing to attract borrowers: evidence of this is the fact that in the last month alone, rates have been cut by several lenders including Nationwide, Abbey, Woolwich, Cheltenham & Gloucester and Halifax.

It would appear also that more mortgage deals are now becoming available. From a buyer’s point of view, house builders and housing associations are offering more incentives to assist buyers get on to the property ladder.

For more information please contact us or email info@rowlands-solicitors.co.uk

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