Property consultancy offers house price insight
Sales and marketing manager at property consultancy Ducalian, Timothy Lambert, believes house prices will drop further in the next six to nine months, but believes the market will soon bottom out.
This could be good news for people looking to get on the property ladder, such as those who have secured mortgages for professionals, as they may be able to pick up a house or flat that they can afford.
Mr Lambert said "as [long as] the vendor needs that sale", homebuyers are better off investing now, rather than waiting any longer.
"We stand by our conviction that now is the time to buy for investments, first-time purchases and those trading up. If you are trading down, hold, hold, hold," the expert added.
Nationwide Building Society's most recent housing survey indicated that the cost of the average home in the UK in April was 0.4 per cent down on the previous month.
Mortgages for professionals provides expert mortgage advice and is committed to represent the borrower not the lender on over 30,000 mortgage products for high earning clients.
This could be good news for people looking to get on the property ladder, such as those who have secured mortgages for professionals, as they may be able to pick up a house or flat that they can afford.
Mr Lambert said "as [long as] the vendor needs that sale", homebuyers are better off investing now, rather than waiting any longer.
"We stand by our conviction that now is the time to buy for investments, first-time purchases and those trading up. If you are trading down, hold, hold, hold," the expert added.
Nationwide Building Society's most recent housing survey indicated that the cost of the average home in the UK in April was 0.4 per cent down on the previous month.
Mortgages for professionals provides expert mortgage advice and is committed to represent the borrower not the lender on over 30,000 mortgage products for high earning clients.
