Selling a house can bring about all kinds of memories of the time spent there – from the happy to the sad, and even bizarre; U.K residents generally find it nostalgic to move into new homes no matter the reason. The traditional spring market for selling off properties seems to be shifting gradually, and statistics from property agents show that January has finally become more preferable to March when selling is being contemplated.
Owing to a lot of reasons, I can tell you that people now prefer to sell their house to the early birds right at the start of the year. Zoopla, a very famous property portal used by industry watchers to gauge the health of the housing market, recently reported that the number of inquiries for available houses has tripled compared to 2010’s figure. With more than a million searches for available property in the first four days of January (more than double the whole of last year’s early tally), we can say for sure say that the tide has changed.
Even though the U.K housing market doesn’t generally go into hibernation, January is a better time to place your house on the market. For one, you get more competition in the buying process giving you more room to get away with the price tag you have placed; most of the early birds are more committed and serious about buying when compared to the March/April/May callers who might have spent so much on other important family and career matters.
City bonuses are also important reasons why selling in January is more viable. City councils generally give bonuses to sellers during this period and you sure would not like to miss out – trust me they are worth it.
It is still not too late to put up that sale, make some extra bucks and move on with your life. From the crew here, we say happy selling!