I could not sell my property last year. What can I expect now?

Property Expert:
Suzanne Gray
Area Sales Director, ludlowthompson.com
Q: I am being told that the property market has picked up but want to know what the realities are at the moment.

Pic: ludlowthompson sell property 

Suzanne's Response:

The market conditions are considerably better than last year, with record numbers of buyers registering to buy. Many buyers have been unable to buy during the last few years as prices have been so high. This has led to pent up demand.

Estate Agents are now having to scrutinise buyers and 'cherry pick' the best ones, who can get mortgages and have good deposits.

Viewing levels are good and due to a shortage of properties up for sale ludlowthompson are seeing very good offer levels. However any house sellers need to be realistic about pricing. It is a buyers market and estate agents will advise the house seller of the best price. It is possible to sell now but only in so far as affordability is concerned. 

 

Disclaimer:
Neither ludlowthompson nor their ‘experts’ take any responsibility for any action or loss incurred by readers of these pages. The reader acts on advice at their own risk. Answers to questions are not exhaustive. Financial advice must always be sought from a professional financial adviser.

 

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