Whether now is a good time to buy property and what experts say about current UK house prices

So will buying right now get you a great deal or not? Experts told us that nobody can predict 100% accurately what happens next But there are a number of factors you can consider when you are making that big decision alys_key explains ⬇️

Part of weighing up whether to buy is considering the alternative. For some that will be staying put in a property they already own, but for others it means remaining subject to the equally turbulent rental market.

“One strategy to protect yourself from potential price falls once you’ve purchased a new property is to consider homes with value-adding potential,” says Pete Mugleston, managing director and mortgage expert at onlinemortgageadvisor.co.uk. “By renovating and selling a ‘doer upper’ home, first-time buyers can secure a good deal and potentially increase their investment returns.”

Jonathan Hopper, CEO of Garrington Property Finders, says that those at the top end of the market, who tend to be less reliant on mortgage borrowing, are in a strong position.

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