For people considering moving in 2021, it would be understandable to have some confusion over the current condition of the property market and how this could affect a possible sale or future purchase. News reports have depicted both a market with huge demand and a market suffering from a series of difficulties.
Our most recent data suggests that the demand for property has increased significantly since the beginning of January and despite the end of the Stamp Duty relief nearing, people are determined to move home and make a fresh start.
The demand for homes is currently outstripping the supply, and for the right home in a great location, we have seen a huge number of registrations of interest.
One such property in Nuthatch Drive, a three bedroom house close to the University of Reading and Earley train station, has recently sold (STC) after generating over 12 offers and around 40 viewing requests. Whilst this level of interest for a property is unusual for the time of year, this type of demand is in line with our anecdotal data which suggests that people are able to see the light at the end of the tunnel and no longer wish to put their move on hold.
At Haslams we have adapted to the challenges that have arisen throughout 2020 and this year we are conducting more virtual viewings and using an exciting array of marketing tools to market your property, including connecting to a network of London agents and showcasing your home online. This means that we’re able to progress your property sale or purchase without delay and are able to showcase our selection of homes to more people, and more potential buyers.
What you can do to help your buying and selling journey
- If you have a property, follow our checklist to ensuring your home is in the best possible condition before selling
- Request a property valuation and discuss your requirements
- Speak to an independent financial advisor to make sure that you know exactly what you can afford
- Longlist the properties you would like to know more about, and shortlist the ones you might be interested in seeing
- Conduct a virtual viewing before deciding if you would like to view in person