colinrealestate

Up and down the country we’re seeing a gradual increase in interest from purchasers in both the rural and lifestyle sectors, though as with all things real estate, funding can be a challenge still.

Banks remain conservative in their approach to rural mortgages, and given the constant change in world financial markets we have to expect this to continue for some time yet.

That said, a good business plan, a well-developed equity and an opportunity to further develop the property’s income sees financial support more readily attained.

And around the urban centres, we are certainly seeing a lift in enquiry for good Lifestyle properties from some fairly circumspect buyers.

Filed under: REAL ESTATE | Tagged: Real Estate