Figures out this week show that the housing market is at a three year high; the Bank of England predicts mortgage rates will “significantly” drop over the next three months; and to top it all the daffodils are finally blooming and the sun is shining.
What more does the housing market need to feel optimistic?
So is this the time to join the seasonal rush of house hunters?
Many new sales are initiated around Spring when people start to think about the new year ahead. Rightmove shows an increase in new properties coming onto the market at this time providing potential purchasers with new stock and more choice making April a prime house hunting time.
If it s not a new house, many instead opt to stay where they are and begin home improvement projects. More daylight hours gives people the energy and inspiration to renovate tired properties at this time of the year as the weather improves and the dark nights disappear.
Whether you are looking for a mortgage for a new property or a remortgage for home improvements we can help.