Although activity across the board has quietened down in the lead up to Christmas although buyer activity remains strong, those buyers out looking are serious about buying and are looking to try and secure a new home this side of Christmas.
Mortgages lenders appear to be taking a more relaxed view of the housing market's future and one of the largest, Nationwide, has returned to 90% loan to value lending. The Halifax house price index revealed a staggering 7.3% annual increase in house prices, including a leap of 1.2% in November. We expect the strong buyer demand to continue in the New Year and as ever we need more homes to sell in readiness for the anticipated rush.
This week we launched a new full 360 virtual walk around tour with 3D floor plan and "dollhouse" (pictured) function which will give a potential buyer an excellent insight into the look and feel of a property.
For more information on this excellent product or to arrange a valuation in the New Year, please give us a call on 0121 296 1400.