The 'time is right' to buy property in the South East

News Category: Marketing

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There has not been a better time in the past few years for a landlord to purchase property in London and the South-East, according to a property investment specialist.

Following a disappointing year for house sales, property developers are looking to offer potential property purchasers excellent deals, claimed Andy Smith, managing director of 1st Property Investment.

He argued that the situation for anyone looking to buy a property was better now than it had been at any other time in the last three or four years.

"At this point it is probably the strongest moment people have had in the last three or four years to get a good deal done in London and the South East," Mr Smith said.

Recently published figures from the Halifax revealed that house prices fell by 0.5 per cent in October, continuing a downward trend experienced throughout 2006.

At the same time the bank claimed the mixed pattern of house price rises and falls was a sign of a more subdued housing market.

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