Ultimate Homes August HOT Properties
It's Friday (yahoo) and it has been an incredibly hot Summer so far during these crazy times of Brexit, a slowing world economy and Mr Trump picking fights with all and sundry. The optimism of the first quarter has faded, yet there are genuine reasons for the reported slow-down in completed property transactions:- the number of off-plan property purchases is increasing dramatically with many international buyers drawn towards new and modern properties which do not complete at the notary office for 18 to 24 months, and therefore do not show in the property registrar nor notary property reports until completion. the change in the mortgage law in mid-June meant notaries and banks were at a loss on how to legally complete transactions, which led to a legitimate decline in the number of transactions involving mortgages in the month of June. British buyers are put off by the current exchange rate, but we have negotiated a recent sale based on a fixed GB pound price (feasible if...