Busy Time In Housing Market

January 27th 2021
By: Thomas Morris
Busy Time In Housing Market

If you are looking for information regarding housing market activity, it makes sense to look at what Rightmove says. As the leading property portal in the country, they will always have useful information to share.

At Thomas Morris, we take immense pride in knowing the local market, and helping local buyers, vendors and tenants. Also, as part of a network of agents, we have a great understanding of what is happening across the United Kingdom.

However, we pay attention to the leading property portals and with Rightmove saying they have experienced a 30% year-on-year increase at the start of this year, we know this is a busy time.

People still want to move home in 2021

With the stamp duty holiday still in place, there are people looking to arrange a property deal before the deadline approaches. It will be tight, but there are always people leaving things to the last minute.

Also, the new lockdown will have caused many people to further re-valuate what is important to them as per their home.

We remain open to help you in and around Forest Hill

At Thomas Morris, we are currently open, and please remember the housing market is still in action during the lockdown. Your safety is our top priority, and if you need any assistance, please get in touch.

The figures provided by lockdown suggests for Tuesday 5th January and Wednesday 6th, there was an 11% increase in buyer enquiries. There was also an increase in the rental market of 22%.

We can help landlords in St Ives too

There is prominent demand for rental property too, so if you’re a local landlord, make sure you get in touch with us. We are not only here to assist buyers and vendors in the local market, we look to provide landlords and tenants with support and guidance.

We know the start of 2021 has proven to be a challenging one, but there are reasons to feel more optimistic as we look forward. If you would like to move, and you need support, please get in touch, and we will be more than happy to assist you.

Tim Bannister, Rightmove’s Director of Property Data, comments: "January is usually one of our busiest months of the year as people start to make new year plans to move, as was the case at the start of last year when we also had the post-election bounce that gave hope of an active spring market, before that all changed with the temporary closure from March until May. We didn’t know how this year would start with so much change and uncertainty around restrictions, but it’s been reassuring for those people hoping or needing to move that the demand we’ve seen so far is the highest we’ve ever had in January.”

"The housing market has been allowed to stay open during these latest lockdowns and agents have already spent months working in a covid-secure way and creating a number of property videos, so buyers and renters starting out on their search this year will find that, alongside the safe viewing protocols, more agents are offering virtual viewings to help buyers and renters better shortlist the properties they want to go and see."

At Thomas Morris, we know this has been a challenging time, but there is an opportunity to find your ideal home in the local area”, said Thomas Morris St Ives Branch Manager Katy Poore. “The housing market ended 2020 strongly, and if you are looking to make a move in 2021, we know the local St Ives market very well, so please get in touch.”

If you are looking for help with any matter of the property market, it is best to speak to property professionals. You can book a sales or rental valuation appointment directly on line at a time and date of your choice by clicking here or alternatively or you can phone our St Ives branch on 01480 468066.