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Government Budget announcement

06 Mar 2024

This sums up the budget for the housing market. No new First Time Buyer incentives , no stamp duty perks, absolutely zip! However, we can report that here at The Mortgage Shop we have arranged 25% more mortgages in the first 2 months of this year, as against 2023. We have many First Time Buyers with mortgages agreed and not enough properties to buy.

Last week a local estate agent had 14 viewings in 2 days for a property valued at 310k, as they scramble for the limited stock and offer over asking price. If you are delaying selling as you feel the property market is dead, think again. If your property is priced right, you will see activity

Image representing Government Budget announcement from The Mortgage Shop