Winter is usually a quiet time of year in terms of the buying and selling of houses, however, going against the normal patterns, the UK housing market continues to boom. This is excellent news for buyers, sellers and renters alike. We look at the effect on the housing market and in particular, the effect on houses for sale in Chichester. Falling Mortgage Interest Rates With mortgage interest rates continuing to fall, more and more people are finding it easier to get onto the housing ladder By the end of 2015 many of the banks and building societies had agreed to lend potential home owners a staggering £18bn in mortgages in December alone. Consumer credit was at the same high as it was in the summer, the highest in eight years.
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