'Absolutely' the right time to buy

Now is the right time to buy for anybody looking to invest in the property market, experts have claimed.

Estate agency haart explained that market conditions and other factors have made the housing market a favourable environment for buyers at the moment.

The organisation pointed out that home values may increase again soon if increased taxation is introduced by the government.

Paul Smith, chief executive of haart, used the words of a judge from TV show The X Factor to explain that there are great opportunities within the housing market at the moment.

When asked if now is the right time to buy, he commented: "In Simon Cowell's terminology - 'absolutely 110 per cent yes'."

He added: "Property prices and mortgage rates are low and we are expecting a rush to beat the end of the stamp duty holiday at the end of the year."

The VAT rate rising again to 17.5 per cent in the coming months is also expected to affect house prices.

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