Property House prices in Croydon jump 10 per cent and this is how much buying a home will cost you now


I was delighted to contribute to a recent feature in the Croydon Guardian, where I commented on the current property market:

Paul O’Shea, MNAE, Paul O‘Shea Estate Agency

Post Brexit we were concerned the market would stall, with buyers and sellers racked with indecision, but that doesn't seem to have happened.

Although we have seen a slight decrease in viewings, both sales numbers and prices are still very strong.

In general buyers appear very positive about Croydon which is largely due to the significant investment in schemes such as Boxpark, Westfield and the regeneration of Fairfield Halls.

It certainly helps that mortgage rates are so cheap and it looks as though we will be in an extremely low interest rate environment for the foreseeable future. Going into 2017 we are expecting prices to remain firm due to the overall lack of properties for sale and strong demand.

Full article here