“Confidence is returning as inflation falls and the economic outlook brightens

Nicky Stevenson, managing director at Fine & Country:

Section: Opinion

Nicky Stevenson, managing director at Fine & Country:

“Confidence is returning as inflation falls and the economic outlook brightens, and this in turn is leading to increasing activity in the property market.

“Buyers have a lot more choice than they did during the frantic months in 2021 and 2022 thanks to strengthening stock levels, which makes for a much healthier market.

“Importantly, mortgage rates haven’t moved too much since the latest increase in the base rate and this stability is helping the market put on a strong showing, as we move towards the summer.”

 

Source: BTL Insider — https://btlinsider.co.uk/confidence-is-returning-as-inflation-falls-and-the-economic-outlook-brightens