Rushing To Buy
The anticipated increase in interest rates is creating increased demand for properties from new buyers. The race to secure fixed rate mortgages ahead of interest rate announcements has resulted in a 5.3% increase in new buyers in the last month.

This situation is compounded by a fall in property supply of 15%. The result? Nearly twelve buyers are chasing every property coming onto the market. (Source – Property Reporter)

The summer is traditionally a quieter month for house sales. However property prices remain buoyant with an increase of 6.4% year-on-year across the UK. The prices for first-time buyers increased by 0.8% in the last month alone.

“This trend is definitely echoed in the North London property market’” explains Jason Dyer of JTM Homes. “We have several serious buyers who are simply waiting for houses to be placed on the market.”

In fact, it you have a property within the Archway, Whitehall Park, Tufnell Park, Highgate, The Miltons or Dartmouth Park Hill and are thinking of selling, talk to JTM Homes.

We’ll offer you a realistic evaluation based on our North London expertise. You’ll also receive honest feedback and competitive rates – all without any obligation.

People are waiting for properties just like yours! Contact JTM Homes.