Fantastic News on Inflation! Inflation has dropped to 2.3% it has been announced today. Down from 3.2% the month before This is getting close to the Bank of England’s target of 2%. Although we do expect base rate cuts in 2024 analysts feel this unlikely to happen in June. However, two and five year fixed mortgage rates are still more generous than they were a year ago as lenders predict rate base rate cuts through 2024/25.
Considered auction? Aldreds now offer conditional online auctions through all of our branches. This month our Lowestoft office has sold two properties on this basis. One in Corton and one in South Lowestoft. The advantage of selling by this method is that the buyer has to pay a deposit once the sale is agreed giving them a financial commitment. Our auction partners inform us that this method of sale has a 98% chance of reaching a completion. Thinking of selling or auctioning your property? Contact us today!
Bradwell Part Exchange Event Aldreds are delighted to be supporting Persimmon Homes at their Bluebell Meadow site this Saturday for their part exchange event. Chris, Tim, Dan and Tracie will be at the Bluebell Meadow show house between 10am and 5pn to offer help and advice to house hunters who think part exchange may be for them. No need to book in just pop along for a chat. The Aldreds & Persimmon teams look forward to seeing you.
Performer of the Month for April. Congratulations to Tracie Ablitt who is Aldreds Performer of the Month for April. Tracie was literally everywhere in April. She worked in all offices covering holiday, sickness working weekdays, weekends and after hours whilst delivering excellent service to our clients and customers. Just back from a well earned break! Well done Tracie and have a great May!
Duffles Pond in Winterton Lovely to receive a thank you card today for supporting this wonderful project and congratulations to the volunteers who helped raise £958 over Easter!