The year 2020 is the start of a brand new decade which means that it is the perfect time to leave the worries of 2019 and previous years behind us and focus on our dreams. One of which may be buying your dream home. As 2020 is upon us, we are finally able to put the election and Brexit in the back of our mind and focus on the positive prospects that the new decade will bring us. If you are looking for your dream home this year Castles Estate Agents can help. For more information on properties available in Swindon please contact us today on 01793611677.
Based on mortgage and home price trends, it is a fabulous time for potential home buyers. There will be plenty of opportunities to secure yourself affordable mortgages because experts believe interest rates will stay low throughout 2020.
House prices are set to drop in the first quarter of 2020 which means the gap between you and your dream home is a lot smaller than ever before. Consumer confidence in the housing sector is growing meaning you don’t have to worry about a thing!
A new decade will hopefully allow you to leave any thoughts of Brexit behind, here at Castles Estate Agents we really can influence the property journey you choose and help you make the right choices through our expert knowledge. Now is the perfect time to buy the home of your dreams and start the year off in the best possible way. Of course, we will be more than happy to address any concerns and help you get your existing property sold quickly and efficiently
Mortgage interest rates have been going down steadily in 2019 and will continue to do so in 2020. The base rate is around 2% with a 2-year mortgage interest rate at 1.49%, the 3-year mortgage interest rate at 1.58% and a 5-year mortgage interest rate at 1.78%.
Millennials Dominating The Market
In 2019, 37% of home buyers were millennials and this will continue to be the largest segment of buyers in 2020. This means if you are wanting to sell your home this new year it is important to make sure that your online listing stands out as millennials are also known as the internet generation, and will more than likely begin their search there.
Here at Castles Estate Agents, we are proud to have supported thousands of people buying and selling homes and are more than happy to offer our expert advice and market experience to help you get that one step closer to your dream home in 2020. If you would like to get started on your property journey, please get in touch with us today on 01793 611 677 to speak to one of our experienced estate agents about buying a home in Swindon.