Peter Rollings commenting on trading up
“Prices in many cases are now down to the level they were in early 2006 - that means there are lots opportunities for people to trade up. Sellers are finally beginning to be realistic in their pricing as well, so if you’ve got a mortgage in place, there are some fantastic deals out there. There are plenty of people keen to sell at the moment – whether you’re a family looking to trade up the ladder or a first time buyer lucky enough to have a deposit, the savings you’ll make by buying now are huge. This is the most affordable housing market we’ve seen in years – it can’t last forever. People are beginning to see value and will pile back into the market.”
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