- 17 Jun 2020
Currently, we are about to close a commercial deal for about £650K
A recent Hometrack survey shows that 373,000 property transactions have been stalled as a consequence of the current lockdown, worth about £82bn
Interesting times. Currently, we are being fed information regarding something we cannot see or have a grip off. Therefore, we are lapping up all we are fed. Even the official narrative does not make sense, even within its own narrative.
Currently, we are about to close a commercial deal for about £650K
Recently we had a client for whom we managed to reduce his mortgage rate to about a third
I have just been to see a commercial building, which we will probably agree the deal on.
I just went to see a property we are about to complete on, which was purchased for a client.The property is a three bedsemi-detached, requiring modernisation
Yesterday we completed on a deal for a client; a small BTL deal, but the second in a row, with hopefully more to follow.
We for one are gearing up to do some more business when the lockdown period is over.Properties in general will not be selling at the ‘retail’ prices which could have been obtained prior to lockdown
It seems the lockdown might ease soon; it has already been relaxed in some European countries
A recent Hometrack survey shows that 373,000 property transactions have been stalled as a consequence of the current lockdown, worth about £82bn
Lenders are coming back on the market again. There are two things they are doing to protect themselves in the current market: one is lowering their loan to value thresholds, and the other is conducting desktop valuations. The latter is only...
The current environment is certainly conducive for buying. Fear causes instability, and irrationality, this gets reflected in the property market.