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Jun 19, 2020
4 min

Asking Prices Up 1.9%

Rightmove has indicated that the average asking price in England has increased by an average of 1.9% (+£6,266) in June, compared to March data. The average house price in England is now valued at £337,884. Rightmove’s statistics cover 95% of the market and these latest results indicate far more resilience and bounce back than had been expected. Their monthly June House Price Index also highlights the following: There were over 175,000 sellers that could not put their home f

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Market Update: Halifax expect progress increase in buyer activity

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Jun 15, 2020
2 min

Market Update: Halifax expect progress increase in buyer activity

The May edition of Halifax's House Price Index identified that: on a monthly basis - in May prices were 0.2% lower than in April on a quarterly basis (March to May) - prices were 0.5% lower than in the preceding 3 months (December to February) on a 12 month basis - prices were 2.6% higher in May compared with May 2019 The net impact of the above, is that the average house price fell by 0.2% to £237,808 in May. Source: Halifax Source: Halifax Russell Galley, managing directo

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England: Housing market continues to improve

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Jun 12, 2020
1 min

England: Housing market continues to improve

The Royal Institution of Chartered Surveyors (RICS) has issued its latest monthly survey for the month of May. This survey polls estate agents and surveyors in England. This survey confirms that the housing market continues to improve since lockdown was lifted specifically for housing on 13 May 2020. The survey reports that near term sales expectations are now broadly neutral while the 12-month outlook improves slightly. In isolation, the metrics reported don't read well, h

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Jun 8, 2020
2 min

Buyer Activity: Upward trend

Since the housing market re-opened on 13th May 2020, buyer activity has steadily increased. #TwentyEA report that that they have seen 3 continuous weeks of growth for both new instructions (increasing from 10,000 to approximately 24,000) and sales agreed (increasing from 5,000 to approximately 16,000). This is equivalent to around 73% of the 2019 level of activity. #NewInstructions Image: TwentyEA #SalesAgreed Image: TwentyEA Based on the last two weeks of data, TwentyEA

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Jun 5, 2020
4 min

In Your Buyer's Shoes

Buyers do not buy houses, they buy homes. Put yourselves in your buyers shoes so you can maximise the chances of your buyer falling in love with your home and putting in that all important OFFER! Here's how to do this: Take a fresh perspective As homeowners, we have rose tinted glasses when it comes to our home. We're also very likely to overlook those long over due jobs that need tackling - the tap that drips, children's hand marks on the walls, the chipped woodwork because

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What is Virtual Staging & Virtual Home Staging?

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Jun 1, 2020
2 min

What is Virtual Staging & Virtual Home Staging?

We're going behind the scenes to explain what virtual staging is about and the value that this brings. Virtual staging is about digitally adding furniture and accessories to your property photographs so it brings a room to life. It's a very cost effective and swift way of transforming any space within a home or development. Buyer Attention Span Since Covid-19 our world has completely changed - all buyers are searching on-line for their future home or investment. Buyers make

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How many viewings does it take to secure an offer?

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May 29, 2020
2 min

How many viewings does it take to secure an offer?

Prior to Covid-19, the housing market revolved around viewings. Since the lockdown was lifted, viewings are now permitted, for those that are not in the vulnerable category. The government guidance to date, is that first viewings, wherever possible should be done virtually. We are constantly in touch with estate agents to understand how the housing market is evolving. Since the housing lockdown has been lifted, it's evident that some sellers and buyers remain reluctant abo

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