Tag: Market

• How Realistic Pricing can Secure a Swift Property Sale

  

  In the ever-evolving landscape of the property market, sellers are finding themselves navigating through a mix of challenges and opportunities. The recent data from property platforms like Rightmove and Zoopla unveils a pattern that can no longer be ignored: the critical role of realistic pricing in securing a swift sale. While the demand in the…

• 4 Reasons to use Auction in an Uncertain Market

  We explore how property auctions can provide a positive alternative for sellers, offering a secure and efficient way to navigate these uncertain times.

• House Prices are Falling. If You Need to Sell; Sell Now. Fast.

  

  The debate has moved on from whether house prices are falling or not. The debate now surrounds how big the drop will be?

• Speed and Security of Sale becomes key in an uncertain market.

  Annual growth has begun to slow, now running at 9.5%. Speed and Security of Sale is becoming more important for those looking to get the best price.

• BoE announce largest increase in interest rates in 27 years. Halifax report drop in house prices. What does this mean for the property market?

  

  The Bank of England announced the largest increase in interest rates in 27 years last week. The rates have risen for the sixth time in a row by 0.5% up to 1.75% which is the highest it has been in thirteen years. The BoE has also projected that inflation rates are also expected to rise…

• Mortgage Affordability Test Scrapped and is the Market Really Turning?

  

  The Bank of England has done away with the mortgage affordability test that forced lenders to assess whether their potential borrowers could still afford their mortgage if interest rates rose by 3%. Also, is there a change on the horizon? Estate Agents across the UK are already beginning to claim that the buyer well is…

• Why you shouldn’t be overlooking Property Auctions.

  

  Auctions are quickly becoming the preferred method of sale for some sellers. The contractual timescales and security of sale provided by auctions are becoming increasingly more important to sellers bringing their property to market but why are some sellers still nervous to take their property to auction? We take a look at some of the…

• Gazumping, Gazundering, Gazanging. What are they? Why do they happen? How can you stop it?

  

  Even if you’ve had some experience in the property market it wouldn’t be surprising if you can’t recollect the meaning of these obscure words. The average Briton only tends to move house once every 23 years and considering the process is considered one of the most stressful things a person can do in their lifetime,…

• Conveyancing process delaying property sales:

  

  Sellers could struggle to sell before Christmas unless they act fast. The time to get through conveyancing has risen to an average of 150 days. The property industry is running at maximum capacity. There are calls for reforms and overhauls in the conveyancing process but what is the solution?

• Seller’s Market Remains Strong: Demand for 2/3 Bed Homes is High

  

  Whilst sellers continue to be outnumbered by buyers, those buyers are going to continue to compete for properties and as a result drive up the prices. The increased demand is highest for two- and three-bedroom semi-detached homes according to Rightmove.