The Reading Property Market

The local housing market remains positive and continues to go from strength to strength in 2011.

Our applicant registration levels are continuously rising and are up 30% on this time last year. This coupled with the base rate being held at 0.5% for the 29th consecutive month, and predictions this will remain unchanged until summer 2012, are motivating our buyers. 

These figures have been endorsed by the positive press reports in the Daily Express this week, referring to the national house price increase, the easing in mortgages and impressive rates on offer that are helping first time buyers buy again. All of which are fuelling the increase of applicants we are seeing.

With more applicants available we are receiving higher viewing levels on properties which in turn leads to more offers, resulting in us negotiating closer to our vendors asking prices and leaving applicants waiting for similar properties to come onto the market.

This is exactly why we are asking anybody considering selling an investment property to come forward and book a free market appraisal and find out what their portfolio is worth. If you are considering selling, now really is the right time to do so and release the maximum return from your portfolio.

If you are considering buying further investment properties, don't hesitate! Prices are on the increase so ensure you are taking the right steps to increase your portfolio whilst it is still easily, and cheaply done.

To take advantage of the current market conditions or to find out more, please contact us today and arrange a free market appraisal or view our range of investments available.

Call the local investment experts on 0118 955 9712.