Residential Director, Sarah Benson, outlines current market conditions and shows how we can help if you are considering a move.
Happy New Year from us all.
A new year is often an opportunity for a new start and as expected, we are already receiving a steady build-up of enquiries from applicants looking to make this the year they move.
Rightmove tweeted last week that they had over 25 million page views on Boxing Day alone demonstrating a continued and increasing interest from buyers.
Current market conditions are helping First Time Buyers who are competing with fewer investors, but still have the advantage of historically low interest rates, allowing them to fix their mortgage rate. This then allows second steppers the opportunity to upsize into a home more suitable for their growing families. Mortgage lenders are facing stiff competition and are launching more attractive rates and products.
There is continuing uncertainty surrounding Brexit, and the disparity between asking prices and salaries making affordability an issue, has resulted in a fall in the number of transactions nationally and a lowering of asking prices.
Our experience has seen us through many recessions and re-aligning of property prices, so we don’t focus on the negatives, but provide you with the solution to get you moved to where you need to be. We put our energy into giving you the best advice for the market conditions, whatever they may be, and tailor that to your personal needs. We will spend time understanding the reason for your move, what lies behind your decision, and then understanding what is most important to you – the price you achieve, or the timescales for moving. We can then tailor a marketing strategy to suit your circumstances.
Our skilled negotiators are trained to get you the very best price they can for your home, but they don’t stop there. They will also negotiate on your behalf to secure the property you aspire to move to. By working the price differential through the chain, we are successfully moving our clients on to the next chapter of their lives.
Brexit or no Brexit, we have moved 66 more homeowners and their families in the first ten months of 2018 compared to 2017, an increase of 8%.
Don’t wait for Easter, or the summer, or for Brexit. If you are thinking of selling, or know someone who is, ask them to get in touch for a free, without obligation consultation and advice.
We are here to help.