Home › News › Quick Property Sale – Mortgage Lending Market Stagnates
It’s harder then ever to get a quick property sale in today’s housing market. All recent news reports point to a major housing slump, making quick property sales a thing of the past. Research and analysis into the property market points to a housing market that’s facing a slump. The Council of Mortgage Lenders have said that gross mortgage lending is now almost static and that the housing market is slowing down as a result of five interest rate rises between mid-2006 and mid-2007.
Quick Property Sale – Choose a Property Specialist
To guarantee a quick property sale, you'll need to use a property specialist company that can buy your home fast for cash – in as little as seven days. This means you can take control of your future. You don't have to let debts get the better of you, you can move when you want and you're not relying on an unstable property market for a quick property sale.
No Buyers for Quick Property Sale
Evidence points to the fact there are fewer house buyers on the market making it increasingly unlikely to get a quick property sale using a conventional estate agent. Reports suggest that lending for mortgages has fallen in the last year and house prices fell by 0.6% this September. This trend is likely to continue as the housing market slowdown takes hold. So it's increasingly difficult for homeowners to opt for a quick property sale through estate agents as the buyers simply aren't there. It's likely that because of the impending slump, more homeowners will end up stagnating on the property market, losing more and more money. A quick property sale using a specialist property rescue company means you're not chained to the property market or waiting for that magical buyer to come along.
Quick Property Sale before the Predicted Crash
It's also expected that buy-to-let investors will also start to have an impact on the property market when they start bailing out as the interest rate rises hit all mortgages because of the banking crisis. Many experts and analysts are predicting a property crash.
The Smarter Choice is a company that's dedicated to helping you to sell your home. We're available 24 hours a day, seven days a week, and we try to ensure that you get a written valuation for your property within 48 hours of your enquiry. We offer a guaranteed, stress-free sale for a fair cash price. Call us FREE on 01632 960543 now or use our online enquiry form and we will get in touch with you as soon as possible.