Demand for property from prospective buyers highest in eight months
- 3rd July 2019
- Selling Property News
Number of registered house hunters per estate agent jumps 16% to 307 as buyers shake off Brexit fatigue
Demand from prospective house buyers climbed to its highest level in eight months in May, according to new research, as buyers shake off some of the remaining remnants of Brexit uncertainty.
Data from NAEA Propertymark shows the number of house hunters registered per estate agent hit 307 in May, up 16% from 265 in the previous month. This represents the highest number since September last year.
Fresh confidence in the London residential property market is also affecting sellers, with ludlowthompson sales data showing a 13% increase in sales applicants from April to May.
Lessening concern over the implications of Brexit means both buyers and sellers are no longer waiting for the outcome of negotiations before making their next move.
As more and more prospective buyers look for residential property, now is a particularly good time to consider putting your home on the market. The summer season also means longer evenings so you can get more viewings in.
Stephen Ludlow, Chairman of ludlowthompson, says: “More and more buyers are putting aside any Brexit worries and beginning to get a move on with the property hunt.”
“With the highest number of prospective buyers in eight months now is a good time to consider selling. With over 25 years’ experience in the capital, ludlowthompson is in an excellent position to help you get the maximum price for your property.”
If you are considering selling your property start by getting an instant valuation now using our FREE online tool. Alternatively if you are thinking of buying and are interested to know more about the latest ‘hot spots’ speak to one of our experts by finding your nearest office.
ludlowthompson maintains its transparency by encouraging customer reviews across a number of platforms. Over a three-year period, we ranked number 1 agent in the UK on allAgents out of 15,000+ agents, with 5300+ 5* reviews. Here is a selection of recent reviews of happy customers of ludlowthompson via Google Reviews:
Helen Wibberley via Google Reviews
I had a really positive experiencing selling with Ludlow Thompson. Jonathon and Alice were both really helpful and professional and made the process less stressful for us. I would use them again.
Rosalind Webber via Google Reviews
My experience of LT is that they are efficient, hard working and patient. Surasak, Kirsty and Alex were assigned to sell my duplex apartment and in the end we achieved a good price in a tricky market. The sale of my property wasn't straightforward but they worked hard to bring only the right buyers round and to eventually get the sale through. I was able to communicate with everyone easily and they helped me with a lot of questions as we went along. I would recommend LT
“More and more buyers are putting aside any Brexit worries and beginning to get a move on with the property hunt.”
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