| For a long time the property market has been | | | | temporary, help to borrowers. Meanwhile, |
| stuck, and trying to sell a house quickly has | | | | politicians of all parties are saying they want to |
| seemed almost impossible. Prices were depressed, | | | | help first-time buyers – who form the |
| so even people who would really like to have tried | | | | traditional driver of the property market. A little |
| to sell their home hung back from putting it on | | | | mild, bright weather could be all that is needed |
| the market. Mortgages were hard to get and | | | | now to encourage more sellers and buyers back |
| expensive, unless a large deposit was available. | | | | out into the market. |
| Sellers and buyers alike can get stuck in 'chains' | | | | No-one is predicting – or wanting - another |
| where no-one can complete their house | | | | property boom. Those days are over (for a while, |
| purchases because one or two of the links are | | | | anyway.) Yet when house sales do start moving |
| delayed. It's still a very frustrating time for all | | | | again vendors and buyers alike will need to be |
| concerned. | | | | prepared to move quickly. After such a long spell |
| However, it does seem that the situation is | | | | of market inactivity, no-one will want to miss the |
| gradually improving. Some banks and building | | | | house of their dreams because they are stuck in |
| societies are starting to introduce better | | | | a chain, or cannot sell their house quickly enough, |
| mortgage deals than they were offering six | | | | or raise a cash deposit. |
| months ago, and are adopting a little more | | | | That's where we at Decision Homebuyers can |
| flexibility in their lending criteria than during the | | | | help. We can make you a cash offer, and enable |
| worst days of the credit crunch in 2008-9. The | | | | you to sell your house fast enough – in just a |
| Bank of England interest rate seems set to | | | | few days – to go for that new home. |
| remain low for a while longer, which is a great, if | | | | |