HOUSE hunters in Oxfordshire should capitalise on a 'great time to move' and snap up a property now, according to one developer.

David Wilson Homes Mercia, which is currently building homes at Deddington Grange in Deddington and Kingfisher Meadows in Witney, believes three factors should reassure property-seekers.

Although Brexit is causing plenty of doom-mongering, the region's senior sales manager, Philippa Stewart, revealed there are reasons for optimism.

Read again: Oxford house prices decline slightly as Brexit begins to have an impact

She said: “There’s no question that now is a great time to move, with a combination of schemes such as Help to Buy or Part Exchange available, income protection insurance and great mortgage products on offer with low interest rates, homebuyers should really take advantage of the current market conditions.”

Here are three reasons why it is a good time to buy a home.

1. Use the Help to Buy scheme as soon as possible

The developer called the government backed Help to Buy initiative 'invaluable' for those looking to get on or up the property ladder.

Buyers can purchase their new home with just a five per cent deposit and 75 per cent mortgage, with the remaining 25 per cent made of an equity loan, which is interest free for the first five years.

The current scheme is available on any property up to the value of £600,000, however this could change in 2021, when the price cap is set to reduce.

Ms Stewart said: “I would really encourage homebuyers looking to purchase using the scheme to act fast and to take advantage of what’s on offer before the criteria changes.

"Our expert Sales Advisers are perfectly placed to give you all the information you need on the scheme.”

Help to Buy is coming up to its sixth anniversary this year.

Read again: Oxford still least affordable city for buying a home

2. Take advantage of fixed interest rates

David Wilson Homes has reminded buyers that interest rates are still at a 'great low rate', with many lenders offering the option to fix your interest rate for five years.

Ms Stewart added: “There are a number of competitive fixed rate products out there for lenders, which means now is a good time to be purchasing with a mortgage and take advantage of low interest rates.

“Those who feel they have been stuck in a rental trap will also find that now is a great time to buy, as better criteria mean that someone who may have struggled to get a mortgage previously may find this process smoother and easier.”

Read again: First time buyers will have to save for 17 years to buy a first home

3. Income protection insurance can give you peace of mind

For those looking for further comfort, income protection insurance ensures you receive a regular income if you are unable to work due to illness or injury.

So if you find yourself in unfortunate circumstances you will still be able to pay your mortgage - even if you cannot work either short-term or long-term.