Property market booming!

The property market is booming through a combination of post lock down blues and the stamp duty holiday.

This unprecedented buyer demand and potential lack of supply makes it a sellers market – now is the perfect time to get your property on the market!

This is born out by new figures from Legal & General Mortgage Club which show

“25 per cent of people definitely planning to buy a home in the near future and a further 28 per cent saying they are considering a property purchase”.

They have also canvased sellers to find out if they are considering putting their properties up for sale and find that

just four per cent of homeowners are definitely looking to sell this year with a further 12 per cent considering it.”

It is this mis-match, which is most pronounced in the capital and South-East provides for a potent market for all those looking to sell.

Photo by Lina Kivaka on Pexels.com

“We are seeing unprecedented post-lockdown demand, from first-time buyers to landlords, all eager to secure investment or a new home” says Drew Bowler, Manager at Eastons.

Richard Mullan who provides free mortgage advice at Eastons also echo ‘s these sentiments reporting “high levels of activity in the mortgage market and a confidence showing a noticeable resilience in the market and potential to remain buoyant into 2021.”

With the market heading in this direction Eastons are encouraging people to put their house on the market by offering an incredible incentive of reduced fees if we are instructed by Saturday 12th September!

Get in touch with us today to find out more information and see how we can help you make the most of the current climate!

Source: https://www.estateagenttoday.co.uk/breaking-news/2020/8/supply-of-homes-might-dry-up-after-unprecedented-buyer-demand

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