Should I buy a property in 2022?
Posted on 22nd February 2022
The housing market is always a hot topic of conversation, and for good reason – it can have a huge impact on our lives.
Whether you're thinking of buying a property in 2022 or not, it's important to stay up-to-date on the market conditions so you can make an informed decision.
In this blog post, we'll discuss the current state of the Leicester property market and give you some tips on whether now is the right time to buy.
Leicester's property market has been on the rise for a few years now, and it doesn't look like it's going to slow down anytime soon. In fact, according to Rightmove, the average house price in Leicester is expected to increase by another 12% by 2022. So if you're thinking of buying a property in Leicester, now is definitely the time to do it!
There are a few things you need to consider before making your decision, though. For example, if you're buying a property to sell more quickly, rather than live in the long term, you may want to be more cautious.
The current market conditions aren't as favourable for investors – demand is high, but there's not a lot of stock available. This means that it may take longer to sell your property than usual, and you may not get the price you were hoping for.
On the other hand, if you're buying a property to live in, now is definitely the time to do it! Leicester is a great place to live – it's got a lot of amenities, it's affordable, and the transport links are excellent.
So if you're looking for somewhere to call home, Leicester is definitely worth considering, but bear in mind other fees of moving such as Stamp Duty and Surveys you made need.
So, should you buy a property in Leicester in 2022? The answer is yes – but only if you're ready for a bit of competition! If you're prepared to put in the work, you'll be able to find a great property that's perfect for your needs. And who knows – maybe you'll even be able to snag yourself a bargain!
We hope this blog post has been helpful. If you have any questions or would like more information, please don't hesitate to get in touch.
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