As Edward Mellor Estate Agency progressed through 2020, despite the pandemic, we saw an ever-improving housing market, with strong activity levels, strong sales figures, and very healthy prices being achieved. We have even seen the 90% mortgage deals back in the market.
On top of that, our monthly property auctions have had great successes each month along with our survey department.
With high levels of optimism heading into 2021, we have now been hit with a further lockdown for January 2021 at this left us trying to figure out what we should now expect, but remaining positive about what we have ahead of us.
ALL of the indications are that the lockdown previous and present has NOT and will NOT impact on the public’s appetite to buy and sell houses, which is great news for the estate agency industry and great news for the UK PLC. It is a positive message and we will continue to bring to our vendors, buyers, landlord and financial customers the best service they can possibly have whilst adhering to government restrictions that are upon us all.
The beginning of this year has been the busiest ever start to a new year for Rightmove.
It says that website visits are 30 percent higher from 2 January to 8 January 2021 than in the same time period last year.
The numbers of people making contact with estate agents concerning the purchasing of a property are 11 percent higher than the first week of 2020, and for those looking to rent a property, up 22 percent, Rightmove adds.
This “gives hope” to people planning to put their property on the market, it says, even though the stamp duty holiday deadline is approaching fast and the new lockdowns that have occurred in England and Scotland.
Rightmove director of property data Tim Bannister says: “January is usually one of our busiest months of the year as people start to make new year plans to move, as was the case at the start of last year when we also had the post-election bounce that gave hope of an active spring market, before that all changed with the temporary closure from March until May.
“We didn’t know how this year would start with so much change and uncertainty around restrictions, but it’s been reassuring for those people hoping or needing to move that the demand we’ve seen so far is the highest we’ve ever had in January.”
If you have any further questions or would like to book an appointment, please do get in touch with our team.
Just call your local branch number and one of our property experts will be on hand to help.
To read the latest government advice on home moving in England during the coronavirus outbreak, click here.
We’d like to thank our clients for their support in following our guidance which is keeping us all safe.