News this week saw the Bank of England’s deputy governor predict the very real possibility of the current market boom continuing after the end of the stamp duty holiday deadline in the autumn thanks to the latest house price boom in the UK.

Autumn Focus

Structural shifts following the pandemic, as well as a greater focus on home working, is setting to keep the market booming and elevating the demand for housing.

Whilst few expect the market to cool off when public support to the economy in general and towards the housing market is withdrawn, there is reason to trust that the recent increases in housing demand that have been a drive for the UK market over recent months reflects a that the market will not drop back to its pre-pandemic state with the disappearance of the tax incentives.

Earlier this month, a slew of house price indices and forecasts predict that house price inflation is approaching 10 per cent.

New Players to the Field

Around 19 per cent of renters are estimated to have enough savings to afford a mortgage, even at 95 per cent loan to value.

Adding to this, the continued drive by homeowners to upscale following the events of last year is seen to continue, and further doors are expected to open with people who were waiting for the vaccines to take full effect before choosing to buy property in Stockport or take action in how to sell a house.

With the United Kingdom now starting to open doors and get back to business as usual, the expected increase in house viewings and mortgage applications are preparing to see a surge in interest in the northwest, where interest is currently riding high over most house-hunting locations.

With these factors in play and the current climate not showing any signs of stopping past the Autumn months, those looking to cement their name on their first or second property are finally making the move to secure their piece of property.

Choosing a Local Service

Those looking for more localised service from independent estate agents in Stockport are finding a higher rate of satisfaction from the service, with some people able to make quicker deals on their property choices and a more satisfying buying experience.

If you are among those looking to jump their first step into the housing market or are finally feeling safe and more secure in buying property in Stockport or putting your house on the market, it is time to talk to the team at Joules estate agents in Stockport. Call us today to discuss where you are and where you are looking to be and the latest house price boom in the UK.

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The north is currently leading the surge in new records for price whilst the south, and particularly London has stood still with their house prices. However, house prices in North West England are looking a little different.

Jump in the North

Average house prices in the north and Wales have jumped by 1.8% to the neighbourhood of a third of a million pounds. On average, London house prices are 2.9 times higher than those within the north, and whilst this is still a large number, it stands as the smallest ratio since 2013.

Throughout the 2020s lockdown period, the north saw increases within the double digits whilst London stayed at its +0.2% price, which is large in part due to the desire to change up surroundings to suit people’s needs that were highlighted during the pandemic.

North Over South

This new national record for price on property coming to market is focusing around the demand exceeding the supply for northern regions. London previously led the market but has seen its standstill come in the form of the capital’s rise in property price since before the lockdown.

The mini-boom of 2020 is strongly sailing into 2021 with many predictions for the market activity being defied. Whilst buyer affordability is being continuously stretched, there are signs of reinforcement with many buyers squeezing into higher price bands.

Higher Interest in Rural

People are willing to pay more to get the ideal lifestyle within their home environment, especially highlighted by the covid-19 pandemic. As many people start to desire a shift away from city living and finding more rural areas to occupy, this has seen the increase in people looking to buy property in Stockport as well as begin the research into how to sell a house in the city areas.

The increase of stability within the market seems to not fear the imminent stamp duty holiday end, with a focus on three to four-bedroom homes in the northwest being a highly sought market.

Seeking New Comforts

As working from home culture has taken a great focus over the last year, many homeowners and prospective buyers seek what the northwest has to offer in terms of lifestyle, comfort and location. Many Stockport and Manchester properties are seeing bids and sales within weeks with buyer demand seeing no sign of abating. An impending new wave of vaccinated homeowners feeling more confident in listing their homes and levelling up the playing field is sure to create even more frenzy in the move and buy status in the northwest.

To get the home you want in the area that sees increasing interest for the property, or to get property advice from estate agents in Stockport, contact the team at Joules today for more information about house prices in North West England.

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One year on from the pandemic leading to everyone being kept indoors and the drive for buyers to reconsider their housing and space requirements has continued to surge leading to many still looking to move from big city life towards small towns and country life. If you’ve recently been asking yourself the question ‘should I move home’, then there’s no harm in looking into things with Joules Estate Agents.

The line between people seeking buying a property advice and those looking at how to sell a house fall into a similar bracket – the want of space.

Space Seeking

Among the top reasons for consideration of moving into a new premise is the value of space, greenery and an increasing desire for privacy. With many individuals having to undertake new work/life balances within the home over the last year, to the point where many people now prefer working from home.

When current restrictions look to end in June, many people still want to continue working from home. The ease in mixing working and family life, the reduction on fuel and travel costs to and from an office, and in some cases the full reduction of operating a small office environment is seen as a huge saving on overall costs that are providing a better way of life.

However, this cycle of interest has seen people preferring to shy away from big city living and gaining more peace and tranquillity within small-town environments.

Fuelling Desires

Another factor over the past year has been the advent of ‘Lockdown Babies’, with an increase in babies being born and expecting that is requiring couples to now upgrade their surroundings of a one-bedroom apartment or flat into something that provides more space for a first time buyer couple.

Many people who did not have access to a back garden environment have had a dramatic increase in wanting to find homes with garden space, figuring that should any future instances happen they would have the space to exercise and relax out in the sun.

Sellers Capitalising

With the growth in interest for buying new properties, many people are now selling up their old to capitalise on the huge boom period the housing market is experiencing. People with country based homes that they are looking to sell are finding huge numbers of interest and the ability to sell quickly and satisfactory. Many homeowners choose local independent estate agents in Stockport who have stronger ties to the community to sell their homes successfully, as well as find the right house to transfer into. This has allowed for a greater relationship and streamlined approach to getting everything done swiftly.

For those looking to buy property in Stockport or wondering ‘should I move home?’, contact the team at Joules estate agents in Stockport to get the advantage on the space you want.

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Just what are the things that fuel the fires for people wanting to upgrade or change homes, or even buy a second home, in 2021? Looking for a new home can be challenging at the best of times and the landscape of the property market constantly changes.

Is it a magic formula that makes homes more appealing to those scouring the market place or a collection of similar appealings that when all present makes a house a hot seller? When overlooking online photographs of properties for consideration, some great touches draw the interest to consider when looking at how to sell a house.

Contrast

When looking over homes in 2021, one big area that attracts a lot of interest in a positive sense are homes that have plenty of colours.

People love homes that have some personality and have a look like someone was happy living there, and people generally pick splashes of colour, feature walls and touches of imagination if they are truly comfortable in the area. People who are not happy in a home or the area would not generally dedicate so much feature to a property if they were using it as a temporary property they look forward to moving out of.

Personality

Whilst many advise against personalising a property being viewed, many people tend to linger over properties that have more personal elements.

These can come from happy family images to how your furniture fills out a property and provides a better impression. Whilst these elements do not come with the property they do provide an insight into how well it works with a buyer’s furnishings and family environment. This also can provide extra thought of consideration for rooms, showcasing its potential as playrooms, office space or even a comfy lounge area.

Floor Plans

An extra benefit in people figuring out if your home is the one for them is providing a floor plan in your listing.

This not only provides the amount of space they have but also the potential to have even more, should they see the potential for an extension in the future. People like to know that their home is adaptable to their needs, and giving them the full scale of what is available and what is achievable is a huge plus for consideration.

The Opening Image

A buyer is going to have a decision on whether your property is interesting within the first few seconds, and the picture that greets them says a thousand words.

That first impression of your home needs to be of the best quality, and having an experienced person take the picture is paramount in getting that interest converted to viewing, so don’t feel the need to break out your camera to try it yourself. If the image comes up poor, then your chances of getting the interest are even more so.

When it comes to securing the interest of buyers looking at buying property in Stockport, there are many ways to make your home the best buy on the market and choosing the help of independent estate agents in Stockport provides all the little touches you need to secure the best sale.

Contact the team at Joules estate agents in Stockport today for help looking for a new home or selling your current property.

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