Blog - Residential sales
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Property Sentiment remains strong
Monday, October 23, 2023
Headlines from On the Market’s October Property Sentiment Index (reporting on September data) show a housing market that is holding up as the interest rate hold added some welcome stability for homeowners and buyers alike. 74% of active UK buyers were confident of purchasing a property within the next 3 months while 61% of UK vendors were confident that they would sell their property within the next 3 months. So no major shift in sentiment among buyers and sellers in September; those motivated to proceed just simply got on with it.
Rates cut and fall-throughs down as market shows resilience
Thursday, August 24, 2023
TwentyCi, which analyses 99.6% of all UK sale and rental moves, provides a comprehensive review of the UK property market. Its Q2 Property & Homemover Report shows a UK housing market which is holding up well despite some tough economic conditions. According to the latest market update, there are ‘no signs of a housing market crash,’ based on Q2 sale volumes and a significant 70% of all properties listed being sold thus far in 2023.
Summer Living
Wednesday, August 9, 2023
Although it may not feel like it at times, Summer is here! And if you haven’t done so already, now’s the time to transform your outdoor space ready for some late summer sunshine. Instant changes are well worth making even if you’re thinking of moving. Whether you are getting your property ready to sell or are renting a property you can make stunning changes that are inexpensive or that you can take with you when you move. Here’s some inspiration to suit all budgets and ideas that you can tailor to your specific needs.
Buyer confidence remains high
Monday, July 24, 2023
Buyer confidence remains high with 73% confident that they will purchase in the next three months as long as the price is right, according to the latest OnTheMarket Property Sentiment Index. Jason Tebb, CEO of OnTheMarket, said buyer and seller sentiment was not shaken during May, despite interest rate rises and mortgage product availability and suggested that the softening of house prices in some areas was the reason for both buyer and seller confidence. “There’s more choice of stock than has been the case for a while and if you can afford to buy, now is a great time to make a move. Although some buyers will inevitably be worried about higher mortgage rates, there seems to be a growing realisation of the need to adapt to a new, elevated level of pricing, in place of the unsustainable rock-bottom rates of the past.”
Spotlight along the Elizabeth Line
Tuesday, April 25, 2023
Running from Reading in the West, through central London and Essex to Shenfield in the East and through Canary Wharf and Woolwich to Abbey Wood, The Elizabeth Line is London’s newest line. Detailed planning started in 2001 and construction began in 2009 at Canary Wharf. It is fitting that the late Queen Elizabeth II unveiled the new roundel naming the Elizabeth line in 2016, and formally opened the line in May 2022. With journey time from Slough to Canary Wharf in under an hour, towns and villages along the Elizabeth Line have become more desirable for commuters and house prices have seen a corresponding uplift over the decade prior to its opening.
In Full Regalia
Tuesday, April 18, 2023
The Coronation Weekend Saturday 6th - Monday 8th May promises to be filled with ceremonial and celebratory events, traditions and pageantry. Aside from the Coronation itself, the Coronation Big Lunch will see celebrations across the UK, from a simple cup of tea and cake with a neighbour to full regalia street parties. As people take to the streets, gardens, parks and community spaces to join the celebrations and mark this historic occasion, we look at ways to bring the regalia into your home with some Coronation magic in your décor.
