Thu 26 May 2016
The Buy-To-Let stamp duty hike at the end of March saw a serious spike in house sales across the UK, with an 80% uplift on the previous March, leaving a serious property drought nationwide. With the gap between supply and demand increasing further still, house prices are now at an all time high in many places across the UK.
The national trends are also being mirrored locally. We’re finding the most in-demand properties are 2-3 bed properties, in particular semi-detached family homes. Properties are now selling at their full asking price as a matter of course, with many being sold over-asking. We’re also registering a lot of first-time buyers who are ready to take their first step on the ladder – however they’re still coming up against significant competition in investment buyers, despite the new additional 3% levy.
"Our feedback re the service Lovetts gave when selling our house can be nothing but positive. David was always extremely professional and gave constructive feedback following viewings. Once offer had been accepted he kept us up to date with progress and liaised between purchasers and ourselves. House details were accurate and amended as requested prior to property being placed on rightmove and being advertised in press In conclusion we have already recommended Lovetts to several friends who are considering selling properties, feeling the service you offered represented great value for money without compromising our house sale "