Mundys Estate Agents Blog

Sales have continued to be much improved on last year, with Mundys’ sales in the last 2 months,for instance, being up 50%. In particular, we have sold a substantial amount of property under £150,000. The market conditions remain tough, especially for properties in the £250,000 plus bracket, but new Applicants are still on the up and homes coming on the market at the right asking price have a good chance of a quick sale. Prices are stable, although the most sought after homes have risen slightly.

It remains a very good time to move upmarket, provided the necessary finance is available. Mortgages are still not easy to arrange, but they are terrific value at current interest rates. It is easy to forget, but we have never had such low rates and at the moment they show no signs of rising.