A new normal for the Sittingbourne property market?

Here are our thoughts on the how the local Sittingbourne property market is shaping up as we ease out of the lockdown restrictions.

At the time of writing, the property market has just finished its first full week of being reopen. It's far too soon for us to say anything meaningful about the state of the market in Sittingbourne. We're not really ones for wild speculation about what might or might not happen to the market, but we would like to share a few thoughts about the factors in play.

Many commentators are drawing comparisons between the 2009 credit crunch and our present situation. Back then, mortgage finance evaporated overnight, so hardly anyone could move apart from cash buyers. Currently there's no sign of any strain on the mortgage market. In fact, the opposite is true. With interest rates being so low, the purchasing power of buyers has increased even further.

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