Now is the best time to sell
Tue, May 14, 2019
Don't miss out!
Doom-mongering is commonplace just now with many vendors using Brexit as a reason to delay listing their properties to sell. They could be missing out!
On average over the last five years (2014-2018), the period between June and August accounted for more completed sales than in any other period across the year. Around 30% more sales occurred in these months than in the first three months of the year*.
On average, in the last five years around a quarter of a million homes sold each year in England and Wales between June and August. Assuming properties were listed around 8 to 10 weeks before completion, then it is properties listed now which will be completing in this busy period.
*2016 excluded from this analysis due to unusual activity in March due to introduction of additional SDLT for second home buyers and investors.