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Among our Estate Agency customers, 3 bedroom homes continue to be the most sought after but it appears that some buyers are delaying their house purchases and will restart their search once interest rates finally begin their anticipated drop.
Meanwhile, the mortgage market is also facing challenges, as lenders have tightened their criteria and increased rates, impacting affordability for potential homeowners. The recent general election caused uncertainty amongst lenders, who are now waiting for the August interest rate announcement from the Bank of England.
However, the rental market remains robust, with demand continuing to outstrip supply, leading to higher rental prices in both regions. This is particularly noticeable in areas like Stirling, where the influx of students and professionals has bolstered the rental sector.
Overall, while the rental market thrives, the sales and mortgage sectors are navigating a period of adjustment.
in Stirling & Clackmannan
in Stirling & Clackmannan
or semi-detached house
A charming 3 bedroom upper flat which is well presented and ideal for a range of buyers. Features include a large floored loft and private area of the rear garden.
A four-bedroom detached house situated in the sought after town of Alva, which has been recently renovated throughout and boasts stunning views of the Ochil Hills.
4 Henderson Place, Alva hit the market with ourselves on Friday evening and was under offer within just three working days, achieving above home report value! Congratulations to our sellers and new homeowner.
We are more than happy to answer any and all questions you might have. Please fill in this form and we will get back to you promptly.
O’Malley Finance Services Ltd is an appointed representative of Mortgage Advice Bureau Limited and Mortgage Advice Bureau (Derby) Limited which are authorised and regulated by the Financial Conduct Authority. O’Malley Finance Services Ltd. Registered Office: 6 Primrose Street, Alloa, Clackmannanshire, Scotland, FK10 1JG.Registered in England: SC490368.
Letting Agent Registration Number (LARN) – LARN1904027
Members of The Property Ombudsman (TPO) scheme – (www.tpos.co.uk)
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