This week Zoopla reported "Four weeks on from the reopening of the property market and a rapid rebound in demand for homes has been followed by an unprecedented rebound in new sales agreed" they went on to say "Demand for housing is now 54% higher than at the start of March, as pent-up demand returns to the property market". On a local level, we are inundated with calls and enquiries from would-be buyers and sellers, and some of our new instructions have sold within days.
Lenders are struggling to keep up with demand. In the case of 90%, lending available funds are being secured within a matter of hours of the funds being released. Due to the current market, we strongly recommend that you plan ahead regarding the available mortgage options. One of our advisers can discuss this with you in the comfort of your home via Zoom! Please call us if you would like to arrange an appointment.
This week we registered 205 new buyers, arranged 179 viewings, and received 34 new offers. All of this is positive news, but we urge all would-be buyers to take precautions when viewing homes. Please make sure you wear gloves and a face mask. Here is our guide to viewing a property - https://youtu.be/Y_yEWQMOGZY