The Summer of 2021
When the stamp duty holiday ended at the end of June it was preceded by 12 months of furious activity within the housing market and for our area in the Cotswolds, in tandem with many other rural areas throughout the country, we have observed a mass exodus from large conurbations to those looking for a better way of life with larger properties and gardens and the once unknown ability to be able to work from home.
Throughout July and August there was a lull in activity as those who were intending to move had already done so and the announcement that holidays throughout Britain were allowed, coinciding with the traditional summer holiday period.
The consequence of all the above was that there were less properties coming onto the market and, those who were planning to move, were reluctant to instruct estate agents because they hadn’t found anywhere to move to. Many of us who have been in the property market for as long as we have, have seen this situation before and know how the market can accelerate just as quickly as it slows down.
The key to changing the situation is for all those who are thinking of moving to put their own house on the market first, attracting a buyer and then waiting for the right property to come along. If enough people are of the same opinion, then there will be many houses on the market and therefore estate agents can manage chains of house sales with an ultimate end of chain conclusion.
We at Holmans foresee that from September onwards when the holiday period is finished, that the focus will again be on those looking to adapt their home life to their changing needs and plan to move house. We at Holmans are of course here to help and would only encourage people to move forward, place the property on the market on the basis that we can put all our clients in pole position to buy another property when it becomes available.
Please feel free to contact us to discuss your moving requirements, whether it be now or at any time in the future on 01608 652345