With Tax time upon us all again, many of our clients consider whether it is the correct time to sell or continue to hold on to their property.

We’ve been busy over the past couple of months conducting a number of sales appraisals on their rental properties.

For some it is the right time to sell and put the proceeds into a better property, for others to continue holding is the way to go.

Every situation is different and needs careful investigation and thought before making any decision. Prices are still quite depressed, and it is my opinion they will likely stay this way for some time. We have massive debt as a country and whilst each political party has different ways of dealing with this, the fact remains that nothing much is going to change for some time yet.

My best advice is: continue to hold property unless there is a good reason to sell at this time!