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Market Comment by Paul Baxter

Posted on December 1, 2009

There is a more positive feeling amongst agents and buyers alike. In truth, the purchase of overseas property by UK buyers has been very at a very low level, however the news of sales being agreed is most definitely increasing in frequency. Albeit that those sales, being under the ‘microscope’, do get magnified and thereby a small number of sales makes for a lot of positive talk within the industry. Never-the-less it is evident that confidence is returning and valuations for mortgage purposes are matching sale prices and meeting customer requirements. Activity levels are….. on the rise across the board and with new property instructions too. As prices were re-aligned lower in accordance with the poor market conditions, there are some great bargains to be had for those ready to act now.

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1 Comment so far
  1. David Virr February 6, 2009 8:50 pm

    Hello Paul.
    I am not sure if you remember me as we met each other quite a few years ago in your office in Pall Mall, i then worked for a Spanish company called Bahia, i am now working for myself and currently have some very good offers available for both long term rental and purchase, i also have available from time to time bank reposessions which have prices way below market value.
    If you beleive that any of these topics could be of interest to you and your clients and we couuld work on a collaboration basis then please do not hesitate to let me know and maybe we could discuss things a little further.
    Kindest Regards.
    David Virr.

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