Bamford & Norden Dec/Jan 2022

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LATEST PROPERTY UPDATEPROPERTY UPDATEIt was perhaps a surprise, but definitely a reliefto many, that The Bank of England has recentlyheld off increasing interest rates again.Whilst The Bank of England has signalled it may raise interest ratesin the “coming months” in response to high inflation, it held off on animmediate increase from the current record low rate of 0.1%.POWER BUYERSDuring the current climate, sellers are now considering a buyer’s positionto be one of the most important aspects when accepting offers on theirproperties. The highest offer is not always the best offer in what is verymuch a seller’s market, ‘power buyers’ are being viewed favourably byvendors.oe ues ae those ho ae eithe hainee o ash bues sttime buyers also have an advantage, given they also have nothing to sell,however, they must have a mortgage agreed in principle to be seriouslyconsidered, as should anyone looking to move in the current market.If you don’t have everything in place, you run the serious risk of your offernot being considered, or another offer being agreed with another party.It may even preclude you from viewing a property with some vendors.Don’t shoot the messenger when we follow our clients’ instructions.With the lowest available property stock on record, sellers can affordto be choosy, and your buying position could prove key when trying tomake your offer stand out, whilst trying to secure a property. Sellers arespoilt o hoie no ith the aeae time to nd a bue uentlbeing 37 days, down from 65 days at the start of the year. ou ae ellpepaed an moe uil and hae ou nanes inorder, your power buyer status will stand you in good stead.98 To advertise call 07976 289967 or 07974 434793 or email sales@streetwisemag.co.uk
FEATUREPROPERTYERERS ROA, OPWOO, EYWOO BEROOS REEPTIO ROOS SWII POOFOR ORE IFORATIO O TIS PROPERTY OR AY OFOUR ISTIS, PEASE ISIT REIOOES.O.U,000SOP AROU O ORTAESNow more than ever is a good time to review your mortgage andinsuane ommitments ith inflation diin up the ost o liin itis important that borrowers keep a tight grip on such a big part of theirmonthly spend.At Revilo, our specialist team compares 100s of different products tond the best deal o ou all us on o ee ee motaeadvice.Kind RegardsJemma Holden, Managing DirectorFor more information, isit our blog at reilohomes.co.ukRevilo Homes& MortgagesVisit our website www.streetwisemag.co.uk for all the info about the Streetwise magazines99LATEST PROPERTY UPDATE
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DECEMBER/JANUARY 2022a huge thank y
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CONTENTACCIDENT SOLICITORA2 Acciden
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AutomotiveAutomotivejob vacancySale
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RESIN BOUND DRIVEWAYS• Driveways,
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Page 62 and 63: Church Notice BoardBamford Chapel &
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Page 70 and 71: Norden Jubilee Parkwins gold and ou
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Bamford & Norden Dec/Jan 2022

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