Re: Panic selling

#73213

Anonymous
Participant

Hi Paul, You are right I cannot work out what is going on I am also in the West Country ,and have been trying to buy a plot or old barn ,but have been outbid on every occasion ,so maybe the second home market is beginning to
feel the effects of the interest rate rises,whereby the development projects are still commanding hope value,it will be interesting to see if we get the proposed next rate rise how things will pan out then?.

Oh for a crystal ball ,in a years time !!