It is a known fact that autumn generally sees a flurry of activity within the property market. The summer holidays have finished and the children are back at school, making it optimum house-selling time. Those buying are keen to push the process forward to make sure they are in and settled in time for the yuletide festivities.
This year has seen continued improvements to the market, with changes to lending policies and house prices meaning those committed to selling their property can grab the extra interest in order to close a quick deal.
Ian Hansford, who manages the Abbeydale branch of Taylors estate agents, said:
“We are seeing a responsible and sustainable recovery in the housing market and the volume of housing transactions is continuing to grow at a measured pace, with more people moving home in the first half of 2014 compared to the same period in 2013. We expect this momentum to continue throughout the remainder of the year.”
He went on to explain the changes installed by the Financial Conduct Authority, following the Mortgage https://www.beaconfinancialtraining.co.uk/wp-content/uploads/2020/06/cemap-online-and-classroom-training-uk.jpget Review in April. Those who have completed the appropriate CeMAP training and obtained the relevant qualification must now demonstrate how their recommendation is a result of correctly identifying their customers’ needs. They must also demonstrate that they have acted honestly and fairly with the customers’ best interests in mind.
Speaking to a qualified advisor can help a homebuyer understand how the process of securing a mortgage works, and the impact potential future changes may have on their ability to maintain repayments.
