Our new coalition Government is setting about sorting our Nation's debt problems and looking for ways to stimulate our economy - Best of luck.
There are signs that the housing market is starting to move, albeit very slowly; this will greatly assist business sales for Ernest Wilson and in particular the sales of larger businesses with properties. The reason for this is because we have lots of potential purchaser wanting to buy a business but who have not yet found a buyer for their house and this is preventing them from proceeding with their proposed purchase of a business and property.
A good example of this is a fabulous guest house for sale in West Yorkshire which we have agreed, subject to contract. The purchasers have now sold their house and are in fact being pushed to completion by their purchasers. Solicitors inform us that the sale of the guest house should complete in August.
If you are looking buy a business and property, now may well be a good time to start as there are still plenty of bargains out there but as the market continues to pick up, prices are surely set to rise.
All the best,
David Holmes.
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