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Inflation falls to lowest level since summer 2022. Better inflation news today with the overall rate dropping to 8.7%. Still very high relatively but heading in the right direction. The government want to half inflation by the end of the year (5%) and some forecasts predict it may even be 3% by Christmas. Falling inflation should probably mean the cycle of interest rate rises we are seeing should be drawing to a close giving a clearer outlook to the housing market moving forward.

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Introducing Michael Adderley – Joining the team in our Lowestoft office. A warm welcome to Michael who has joined us and is working out of our Lowestoft office. Michael is new to estate agency and is joining after a career in hospitality. Although still a trainee Michael has already been engaging with our customers in the short time he has been with us. He has really taken to carrying out viewings securing an offer on his first one! Everyone at Aldreds is delighted to have Michael with us!

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100% Mortgages are back! In an amazing development for first time buyers, Skipton have announced that they will offer 100% mortgages. Applicants must be first time buyers and have been renting a property and paying household bills 12 months of the last 18 months. There are other criteria to meet as well We can introduce you to mortgage advisors who can advise you on this product. If you are a first time buyer in rented accommodation looking to buy your first house call us now! 01493 664600/844891 or 01502 565432

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Counting down to the coronation! The bunting is starting to go up in our offices ahead of the coronation a week on Saturday! Is everyone looking forward to two bank holiday weekends in a row?

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Market appears to have found a level. We have noticed activity in the housing market become generally more consistent and normal over the last eight weeks. More mid and higher range properties are selling and interest in properties has picked up generally. Price is still the key to creating the level of interest needed. There is now more competition than there has been over the past few years with viewers able to see numerous properties before making offers. Getting your property in the right price bracket is essential. As the economy has become more predictable and as mortgage rates become less volatile buyer confidence has started to return. There are a lot of indicators that 2023 may be a year where the housing market recovers and regains some momentum.
  1. Happy Retirement Steve
  2. JOB OPPORTUNITY LOWESTOFT
  3. JOB OPPORTUNITY GREAT YARMOUTH
  4. Happy Retirement Jennie!