Foreign Perspectives

If you’re looking for a house in the UK at the moment, it’s pretty much the ideal time with lots of bargains around.

Usually to get a “bargain” you need to look for something well off the beaten track or needing some work done to it but at the moment that, for the most part, doesn’t apply. Whereas normally prices in the UK are usually firm, at the moment many people are open to negotiation so you’re quite likely to get an offer lower than the asking price accepted. Obviously not ridiculously low but you can probably start around 10% below the asking price.

Getting a mortgage is a different matter though as the criteria have been tightened up somewhat of late but if you’re able to bargain down the seller a little then the loan % should also go down and thereby make it easier for you to make that bargain purchase.