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West Country Property

The market in this part of the world has done well recently, and is said to be buoyant, and infact surprisingly so given the general state of the market.

There has been a very healthy increase in prices of over 9% since March 2009 in the West Country.

In terms of the properties that are selling at the moment it seems to be those that are attractive to those with money already that are doing well, such as those looking to move out of London or to have a second property, for instance for city bankers.

The reason is that it seems to be the higher value properties that are experiencing most demand and doing best, that is those in the price range of about £500,000 to a million pounds in total.

Whilst these properties are expensive, they still afford a person a lot more space than they would get for their money in London, so for those bankers experiencing uncertain times ahead it actually makes sense, a smaller mortgage and therefore less exposure to losing their jobs whilst still having a lovely property and a lot more space than they would have in London!

More property related articles:

  1. Reasons to Remortgage
  2. Let to Buy Mortgages
  3. Loan To Value
  4. Quick Information on Credit Scoring
  5. Finding out about building regulations

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