Mortgage Lending On The Up
In recent years, it has been hard for some people to borrow the funds needed to buy the home they want. This affects those looking to move up the property ladder. In London and other property hotspots, first time buyers have been virtually excluded.
Good news!
House purchase lending has just hit a seven-year high… the best level since the financial crisis.
Combine this fact with the prospect of increased rates… many people are literally making their move… now.
“The North London market has been extremely active,” says Jason Dyer of JTM Homes. “It’s usual for us to achieve over 50 viewings at an open event for a property. Many properties are sold within days with some buyers paying over the asking price.”
Letting your property to help fund the purchase of your next home is a popular choice. This can be an exciting yet daunting prospect, however JTM Homes will help keep the process as simple and stress-free as possible.
“We offer honest, straight forward advice and information guide about letting,” explains Jason.
If you are thinking of moving in and around North London, talk to JTM Homes.
As an independent estate agent specialising in North London, the friendly team can offer expert, jargon-free help in buying or renting your property.
The housing market is getting stronger… let’s get moving!