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'Deals to be had' on Bristol property

11 March 2010

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There may be deals to be had on Bristol property, comments made by an expert suggest.

 

According to Paul Collins, property editor at BuyAssociation.co.uk, new-build homes represent particularly good value, especially if negotiations take place when such residences are close to completion.

 

However, he went on to note that finance remains a problem for some potential homeowners in the wake of the credit crunch.

 

Some consumers may need substantial deposits in order to secure their desired dwelling and get on to the property ladder, Mr Collins stated.

 

He added: "Many may hang on until the back end of the year - not just for saving for a deposit, but also to see what mortgages do towards the end of the year."

 

His comments come in the wake of the release of the latest Halifax House Price Index, which revealed that the average value of houses and flats in the UK stood at £166,857 last month.

 

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