FIFE PROPERTY MARKET: Is now a good time to buy, or should people wait? (Watch/Read/Listen)
Jim Parker
April 12, 2023
As we go into the second quarter of 2023, there is significant uncertainty in the UK economy, leading to uncertainty in the property market.
The number one issue is the fight against inflation and the cost-of-living crisis. The Bank of England is working hard to decrease inflation, and hopefully, in summer, we should see British inflation coming down. From that, we should expect interest rates to come down later in the year (and that is what the money markets believe with the 5-year swap rates).
