Hartlepool, (PressExposure) April 08, 2009 -- As things start to look a little brighter in the UK, with some saying that the mortgage market is bottoming out following the third straight monthly increase in mortgage lending in February, property portal Property Abroad have revealed that one of their properties is currently available at a reduced price for a quick sale.
The 2 bed mid terraced house, which benefits from an excellent location; central and close to all amenities, including schools, shops and the town centre, is currently being offered at just Â£69,000.
Les Calvert, the portal's director said: "We are keen to promote this property because the vendor is being realistic about the current market and the property is currently advertised at a saleable price. It is not far from where I live and I can personally vouch for its excellent location: it is the perfect step-up for a growing Cleveland family with a child or children reaching school age, or teenagers who want to go to 'the mall' with friends."
"I personally think it is too early to say that the mortgage market is bottoming out," continued Les.
"However I also think it is too easy to get caught up in the bad news trend and forget we all have lives to get on with. I advise the type of families mentioned above to forget about the downturn, remember that UK property values always grow over the long-term and assess the property on its value to them -- before someone else beats them to it."
Property Abroad are currently advertising several high quality properties for sale in the UK, including several affordably priced off plan developments for those who intend to cash in when the market bounces.