2009 could prove the ideal time for trading up
Jonathan Turpin, Chief Executive, Moveme.com: “With property prices falling faster at the bottom end of the market, this year will provide an ideal time for second time movers and those at the lower end of the ladder, to trade up. Many of these buyers will now be able to secure a larger home, which 12 months ago may have been out of their price range.“While the lack of available mortgage finance remains a sticking point, many of those who bought pre-2007 may also benefit from preferential mortgage rates, as they should be able to put down a deposit from the sale of their current property.”
For a useful, free to use MovePlanner, go to moveme.com