Why now is the perfect time to sell your property
If the lockdown has made you consider where you are living and that your needs and desires for your home are different now, then it really is the perfect time to bring your property to market and start looking for a new home. According to the Rightmove House Price Index the housing market is showing its greatest excess in demand over supply for the last ten years with the numbers of people enquiring about one property 34% higher than last year.
In turn, this has pushed the average price of property coming to market up by 0.8% this month. Traditionally, the Spring selling period is usually a busy one with people then looking to move into their new home before Summer. According to data from Rightmove, sales agreed during the first week of March were up 12% on last year.
All these numbers mean that if you are thinking of selling your property, whether that is to trade up or down, now is the perfect time. It is in any buyer’s interest to act quickly so that they can take advantage of the new Stamp Duty measures too.
As you can see, nationally property prices continue to rise so if you are looking to buy another property the quicker you do so, the better. With demand for new property to market being high, you are likely to get lots of interest early in the process.
With this in mind think like a buyer and make sure your home is ready to receive potential buyers. Make sure kitchens and bathrooms are in good condition and clear any clutter. A potential buyer needs to envisage themselves in your property with the lifestyle they want. This might mean going out to tidy up the approach to your property so that it offers curb appeal as first impressions count. Outside space is key after this last year in lockdown so make sure yours is clean and clear so potential buyers can imagine themselves there.
If you would like any help or advice on property sales or purchase, please contact one of our friendly local team. We can guide you through the selling process and help you find the property of your dreams.