Warning to anyone buying or selling a home as property expert says 'brace yourselves'
A word of warning has been issued to anyone who is in the midst of buying a home after last week's Spring Budget. Any prospective buyers have been warned to 'brace themselves' as more property market volatility is expected once again.
READ MORE: ‘We bought three run-down flats for £420,000 and transformed them into our dream minimalist home’ In the latest sentiment index from property search portal, Jason warned: "There are still challenges ahead, particularly in regard to inflation, but concerns seem to be short-term rather than medium to long-term.
"Despite ongoing concerns about the cost of living and rising rates, many people still need to move, but as buying power is reduced, sellers must be more realistic. Now, more than ever, it’s important to speak to an experienced agent who understands local market conditions, to get an accurate valuation."
"Interestingly, the overall number of vendors confident about selling within six and nine months declined by 1 percentage point, while those confident about selling within 12 months remains unchanged month-on-month. It appears that sellers are more encouraged by the longer-term outlook than the shorter-term.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Scam warning issued for anyone who uses Gmail or Microsoft OutlookIf you use either of these platforms for your emails, be sure to keep an eye out for phishing scams that are circulating at the moment.
Read more »
Warning to millions of Google and Samsung phone owners to switch off setting nowA range of major smartphones appear to have been hit by serious security flaws - including Google and Samsung devices
Read more »
MSE three month warning to all Tesco Clubcard holdersTesco shoppers can rack up points while spending in store, but these could soon be worth a lot less
Read more »
How emergency alerts will work as UK tests new system to push warning messages to everyoneA new mobile alert system is to be tested that will sound an alarm on people’s phones warning them of imminent danger ⬇️ RachelMullerH explains
Read more »