It’s an ideal time now to invest in property!!
Strongest rebound in sales in UK property market to pre-COVID-19 levels after the market reopened. Property prices are set to rise very shortly. With an interest rate is the lowest on record. A surge in borrowing is predicted over the next 6 months; consequently property prices will start rising. So investing now in a property while the market is returning back to relative normality is the best time for investors.
Housing market has recovered strongly in England. The rebound in sales has been led by cities in northern England – Leeds, Sheffield and Manchester.
Greater London also indicates annual growth ranging from 2.7% plus. Demand overtaking supply, increased demand and low availability of homes for sale, is pushing UK house prices upwards. The property prices is remained to grow within the +2% to +3% range over the next coming year.