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2008-11-07

Billericay market update for November 08'

After yesterdays massive interest rate cut we are hoping that some confidence may start coming back into the housing market. Whilst the banks haven’t yet agreed to pass on the cuts to new or existing clients (which they absolutely need to do) the cut should demonstrate to people that interest rates aren’t about to go through the roof and they should be able to see that in actual fact now is probably the best time to buy a property for some years. Whilst things have certainly been tougher we are remaining positive and upbeat about the market and we believe that it is certainly a market place where if you work very hard then positive results can be achieved.