RESIDENTIAL MARKET REPORT – MAY 2020
Welcome to May’s market report, where we cover the following topics.
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THE LOCKDOWN LANDLORDS OF PORTSMOUTH
Despite Government regulations that have been in place since the 26 March 2020, when in-person viewings were made illegal, Portsmouth buy to let landlords have during that time been chomping at the bit to build their property empire by looking at buying additional properties for their Portsmouth buy to let portfolio
IS THIS A GOOD TIME TO BUY YOUR FIRST HOME IN PORTSMOUTH?
Should you wait to buy your first home in Portsmouth or buy now? What sort of mortgages are available? What sort of deposit is required? These are questions all Portsmouth buyers are asking at the moment, yet this week I would like to focus on Portsmouth first time buyers and what it means directly and indirectly to Portsmouth homeowners looking to move up the Portsmouth property ladder and Portsmouth buy to let landlords.