economy
The cash homebuyer is no longer king
In the UK’s slow market, those with a mortgage or who are in a chain have a hunger that can give them the edge
TL;DR
- Cash buyers are no longer automatically preferred in the UK property market.
- The current slow market has changed buyer dynamics.
- Buyers with mortgages or those in a property chain are now more motivated.
- This motivation gives them an advantage over cash buyers.