Search, find and comment on what’s good and what’s not in Bedford…

Start interacting today – share your thoughts and write a review

You are currently viewing the Bedford site. Find your local Activ site click here >>

Home >> Information>> Good Time to Buy in Bedford

Good Time to Buy in Bedford

A Great Time to Buy in Bedford? First time buyers are spoilt for choice in Bedford. The Times reported this morning, getting on the property ladder is now a realistic possibility for many young people. You don’t need much in the way of savings to get approval for a mortgage; a few thousand pounds will have the banks queuing up for your business. It is a buyers market. According to the Times report, some lenders are prepared to offer mortgages for as little as five percent deposit. Similarly shared equity schemes have relaxed their entry level conditions. They still require some form of deposit, but a smaller one then that required if you were buying outright. The report suggests that there are catches. Purchasers who place small deposits will face much higher mortgage costs. Even so, it is a market worth checking out for first time buyers. The average value of houses in the Bedford area has fallen almost 16 per cent in the last year. It is expected that prices will continue to fall this year but anyone waiting for the market to hit bottom had better beware. The director of residential research at Knight Frank, Liam Bailey says: “Indices always lag slightly and there are deals happening at the moment with big reductions. Buyers need to get ahead of the market. If they wait for the announcement that it has reached the bottom, they will miss the boat.”

Sponsored Listings
Browse reviews by categories

See All >>

See All >>

Bedford Local Information
Most Popular Choices
;
Business Directory

Business Directory A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

Bedford Building & Construction | Bedford Business Opportunities | Bedford Business Services | Bedford Computers & Internet | Bedford Education | Bedford Employment | Bedford Entertainment | Bedford Financial and Legal | Bedford Food and Drink | Bedford Health and Beauty | Bedford Home and Garden | Bedford Manufacturing & Engineering | Bedford Media & Communication | Bedford Motoring | Bedford Public & Social Services | Bedford Shopping | Bedford Sports and Leisure | Bedford Travel & Transport | Bedford Weddings | Bedford Others |

Useful Links

Bedford

A fun and interactiv guide to Bedford. What is Bedford really like?

Find Your Region or Town
Use the dropdown boxes below to find your local region and town and we'll not only find the nearest Activ website but we'll also show you information relevant to your choice.