Why now is the time to sell

Published: 17/09/2020 By Felicity Blair

You must have heard it on the grapevine: there has never been a better time to move. Last month Rightmove reported the highest number of sales agreed in a single month for the last 10 years. Prices are firm, but following a four years of very low house price inflation, they are not silly or unreasonable.
 Who’s selling?
 Post-Brexiters. Some households were busting at the seams having sat on their hands for the last four years, awaiting greater political certainty to give them confidence to move.  With or without the certainty, there’s no stopping them now!
 Then there was the post-lockdown factor, people moving home because...
  • they have discovered Zoom. They don’t need London and can do their job from Paris, if need be
  • they have discovered working from home, but need a different home, with work space
  • they cannot live without a garden
  • they cannot live with each other and need to sell one home and buy two

Add in empty nesters. They’ve been considering downsizing for some time, to free up some equity and help the kids on to the property ladder. They thought this move was a couple of years away, but they’ve decided to do it now. For good measure, there’s a class of free spirits for whom covid has simply propelled them into going to live the dream, wherever and whatever that might be.

Who’s buying?
 All of the above plus the first-time buyers. With interest rates so low and with help from the bank of mum and dad, there is no shortage of buyers. The stamp duty holiday from Rishi has added petrol to a fire that was already worthy of Guy Fawkes. And here we are!

 Why is this good for me?
 Everyone wants to move right now, which makes both buying and selling far less stressful. You can sell more quickly too: it’s taking on average, less than three weeks to find a buyer (and often less). We are achieving asking prices, and in many cases higher-than-asking price.  Everyone has a target of March to get this done—the fact that we are all of the same mind, is a further bonus to the process.

 Now is the time to act. At Roy Brooks we have four valuers, each of whom has been selling properties in and around south east London for more than 20 years (two of them for more than 30).  We can value, photograph, complete an EPC, draw up floor plans and upload your property in less than a week. We have a team of 10 ready and waiting to put your property on the market and get your move underway.

 If you would like a free property valuation, please call 07766 706362 or 020 8299 3021 or book a valuation online.