This doesn’t mean that it’s all doom and gloom though. The rental market is still strong, and flats and properties in popular locations are moving quickly. While reduced demand for houses will lead to falling prices, this could benefit those wanting to sell a house and buy another, especially if they are able to access acceptable mortgage deals. The mortgage market is going to be unpredictable for the next while, and so it will be a case of watching and waiting for the right deal to appear.
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