 | Forum Reply | House Advice at 16:33 19 Aug 2022
Certainly not an FA Currently a huge shortage of house stock which will keep housing prices pretty stable, forecast to drop by around 5% in 2023 but they are around 7% higher this year. I can also only see higher interest rates for a time. I’d not put anyone off buying right now but do your maths as you’ll have monthly bills that soon add up. 5 year mortgage at least gives you comfort know that you’ll have no nasty surprises if rates do rise rapidly. Good luck |
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