With economic uncertainty and a mixed outlook for jobs remaining issues caused by the pandemic, this has a knock-on effect for the housing market, with many people reluctant to make a move until the future is clearer.
However, for those in a position to act now, there are opportunities to buy properties needing some work and to upgrade them, whether as a home or an investment project.
Although viewing houses is less straightforward than it would be in normal times, online options and the chance to look at them during the day are among the benefits of current circumstances. While relying on government support schemes can have an impact on the amount available as a mortgage – lenders will need extra information from employers regarding future job security – it does mean that many people have more time to carry out improvement work.
Like other parts of the country, Cheshire has a number of homes ripe for upgrading. It’s a chance to apply a personal touch and to breathe some life into houses that are structurally sound but have been a little neglected.
A recent Cheshire Live feature highlighted a list of properties on the market in Warrington, Widnes, Crewe, Macclesfield, Ellesmere Port, Malpas, Lymm, Weston, Alderley Edge and Wilmslow for their potential.
If you’re looking for a good mortgage package to help with a move or to gain a foothold on the housing market in Chester or wider Cheshire, you’ll certainly benefit from independent financial advice, so give us a call.