As we enter the second half of October rightmove the U.K.’s number one property portal, have released their most up-to-date price statistics. They show that prices in East Of England area have increased by 1% over the last month making the average house price just over £337,000
Great Yarmouth Potential Growth Area
Having lived and worked in the East Anglia region for most of my life I have a pretty good understanding of our beautiful county.
Not everybody is especially keen on the Far East coast however this area does hold a soft spot for me having spent a number of years….
Mortgage Advice
Having worked in and around the property industry for over 20 years now it has always been my opinion that it is best to speak to a completely independent mortgage advisor.
How Estate Agency is changing
I have noticed recently in our local market that lots more agents are adopting the three tier system of property marketing. What I mean by this is the ‘gold’, ‘silver’ and ‘bronze’ packages or ‘select’ or ‘prestige package’…
Interest rates dropped to all time low
The Bank of England have dropped interest rates to an all time low of 0.25%
So what does that mean to you and me? Well it means that there will be a little bit more money in people’s pockets and borrowing money is a bit cheaper. We have been stable at a half percent interest rate for around seven years now and lets face it it, it is not any major surprise that the Bank of England has done this….
House price growth this year
According to the newly released Rightmove monthly statistics, East of England is still the most successful district within the UK for Price growth in 2016. The annual change so far this year has been an increase of 7.3% showing an average price with the East Anglia area of £336,000
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