The property website Zoopla reported that houses are selling quicker than before. The average time to sell a three-bed house over the last three months is now 24 days, which is a third quicker than the same period a year ago.
So what does this mean if you are a property investor?
It means that you need to move quickly. With sales now taking less time, you may need to have your finance lined up before you find your property. Otherwise, by the time you have your commercial mortgage lined up, the opportunity to purchase the property might have gone.
It’s never too early to start your finance journey. Speak to your local ASC director to find out how you can have all your ducks in a row so you don’t miss out on the ideal investment opportunity.