Kirstie Woolley – Sales Manager – Edgefold Homes
Let talk interest rates
Interest rates are still considered historically low and this last few weeks has seen mortgage rates stabilise and better deals coming to the market. Now is the time to speak to your financial adviser and check your affordability criteria!
Lets talk supply and demand
Demand for property still outweighs supply and unemployment is still very low, so the housing market is still in a good place. However, we are experiencing a slowdown. The chaos of the past 18 months where purchasers have been led by high demand and soaring house prices is now over, putting purchasers back into the driving seat and making it a great time for them to choose “their” perfect home. I expect 2023 to be a much calmer and more pleasurable journey for home buyers!
Lets talk cost of living
We are living through a cost-of-living crisis, which is set to last for some time. We have had two decades of record low interest rates, meaning that families have had much more disposable income. As a nation we are adapting to higher, but still relatively low, interest rates and so securing long term mortgage rates and considering long term affordability is key when choosing your new home. If ever there was a good time to choose a new home for your next move, then this would be it. Reduced stamp duty, reduced energy bills and a home that requires very little maintenance gives purchasers peace of mind when planning their outgoings over the long term.
Lets talk about incentives
Here at Edgefold Homes, we offer a superior specification as standard so there is no need to negotiate for branded appliances, or pay extra for a fridge freezer. Our internal doors are all quality solid core fire rated, we install bifold doors as standard and you would find it hard to source a quality German Siematic kitchen from any other house builder. At Edgefold Homes, we like to think that we have gone the extra mile so that you don’t have extra hidden expense or feel the need to negotiate a better specification when purchasing your dream home.
At Edgefold Homes we would like to make your dream of purchasing a new home as seamless as possible, so contact us today. Our Assisted Move scheme allows qualifying candidates the chance to reserve one of our homes, whilst using a team of experts to sell yours. We also have a great links to financial advisers and conveyancing solicitors, a complete package to make the buying process easier!