It seems the General Election is having an adverse affect on the UK housing market as Estate Agents are reporting buyers and sellers are adopting a wait to see attitude regarding a new government and any rulings. The reason why many are holding off buying or sellin a property is because they are concerned about budget cuts and tax rises that may affect their position for better or for worse.
The procrastination amoung players in the housing market comes at the same time as the Royal Institution of Chartered Surveyors (RICS) announced that last months nationwide house price figures where up 17% on last Feb but down from +31% in January. So although house prices are rising, if you’re looking to sell quickly to avoid repossession or to follow a job then you may need to look for another method.
Tags: avoid repossession, house repossession, repossession, repossession order, stop repossession