Although initial house price figures have indicated that the housing market has cooled across England and Northern Ireland since the partial end of the stamp duty holiday in July, across Newark and Southwell, this just isn’t the case, notes Valuer and Business Development Manager Chris Pick.
As independent estate agents, our sales teams at Alasdair Morrison & Partners are keenly placed to comment authoritatively about what is happening in our towns and villages and at present, we are still helping lots of prepared and qualified buyers find their next dream home.
The demand for high quality property in this area is helping to keep the East Midlands high on buyers’ preferred locations, he says. Buyers are especially keen to view properties in rural locations, away from the hustle and bustle of busy cities which also have room for remote working and benefit from larger gardens, either for entertaining or for home expansion.
Autumn traditionally sees an increase in the number of properties coming to the market as sellers hope to secure a move before Christmas and this should ease some of the supply and demand issues seen over the last six months.
But it won’t just be the early bird catching the worm in this strong property market, says Chris. He predicts it will be the purchaser with the greatest buying power who will succeed. Smart buyers are entering into negotiations having already secured a sale subject to contract on their own property, or even have no need to sell at all, making their offers very attractive to sellers looking to secure a sale.
If you’d like to find out what your property is worth, then please call us on 01636 813971 or 01636 700888 to arrange a free, no-obligation market valuation.
