A new year brings with it resolutions and a fresh outlook, but is a new house on the horizon for you this year?
In 2022, the Belvoir team are excited to work with you, whether you’re seeking to purchase or sell a property; we’re here to make your life simpler. We have everything you need to start the year off right with a successful sale thanks to our premium property marketing packages and huge range of listings. Also, having your house on the market before the spring rush will put you in a better position to sell it for a premium price as there is less competition from other properties in January.
What is the property market looking like in 2022?
According to sources, the property market in the United Kingdom will be the busiest it has been since 2007.
Due to the Covid-19 outbreak, Zoopla’s House Price Index is indicating a significant buyer demand. In just five years, the typical home’s value has risen from £200,000 to £240,000. In 2021, one out of every 16 properties is expected to change ownership, and this tendency is expected to continue in 2022.
The Head of Research at Zoopla has commented that: “In typical years, the highly seasonal supply of homes being listed for sale slows in the run up to Christmas, but rises sharply in the new year. On average, the supply of listings at the end of January runs some 50% higher than the start of December.”
Advantages of buying your home in January 2022
As people often use the new year to make a fresh start, house listings start to flood in at the start of January. Choosing January 2022 as the time to buy your home can come with some advantages including:
- Generally speaking, there are fewer buyers to compete against
- Buying a house in a typically less busy period can mean there is more time from your agent to give you an even better service
- At the moment, we are living in a sellers market – buying before house prices continue to rise could mean you are snapping up a good deal before it is going
The market appears to have shrugged off the end of the furlough scheme and the stamp duty holiday. House sales reached 96,290 in November, according to the latest figures from HMRC. Winter
Why buy with Belvoir?
We are pioneering some quite clever software that will enable us to identify potential properties for purchase that are yet to actually be advertised on the market.
Wanting to move but can’t find a suitable onward purchase? This software could be just what you are after – watch this space.
This, coupled with our excellent service, knowledge of the local area and friendly team are just some of the reasons how buying or selling with the help of Belvoir can help you this year.
Good customer service is extremely important to us and one of our core values as we understand that property is personal. Another one of our core values is professionalism. Our franchisees are kept up to date with all changes to compliance and legislation as well as general changes to the sector to ensure our customers can be confident in our service offering.
Ready to buy?
Take a look at the houses we have for sale at the moment here and benefit from being able to view properties online with virtual tours and videos. If you’re looking for a new home in this new year, make Belvoir your choice.
