Housing Market Update – Summer 2021
Housing Market Update – Summer 2021
Housing stock has seen a 40% decline nationally since January 2021 according to figures released by Propertymark despite a strong sellers’ market. I have seen similarities to the market back in 2008.
It’s also been reported that 40% of properties have been sold for above asking price nationally. It just shows, if you can launch your property at the right price, not too high and not too low, you can attract the right level of viewings which in turn means you can produce multiple bids. Many properties have even been lucky enough to have best and final bidding strategy.
The drive to move to the countryside is still hugely prevalent here in Derbyshire and Derbyshire Dales. One recent Peak Park cottage was lucky enough to produce over twelve viewings in a couple of days.
It’s a fantastic time to sell your home now. Some Propertymark members have suggested that for every home on the market there are potentially nineteen buyers. The main stamp duty holiday has finished and the same strong appetite to buy is still there.
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Property Viewings Are Make-Or-Break Situations... If you’re trying to sell your home in Ashbourne & Derbyshire but aren’t having any luck, you may be wondering what you’re doing wrong. Property viewings are make-or-break situations as the majority of buyers usually decide whether they’re interested in purchasing the property within just five minutes of stepping inside! So, what’s the best way of ensuring prospective purchasers aren’t being deterred by your home? The team here at Bennet Samways has put together six property viewing secrets that could be causing you some selling issues...and of course how to resolve them! Is There Noise From Neighbours or Outside? Whatever the source of excess noise in your property, it could be a cause for your home failing to find a new owner. Many would-be purchasers will find a noisy property off-putting. So, if it's road noise or commercial noise from outside, consider investing in double or triple glazing for the windows. If your neighbours are causing an issue, that's slightly more tricky. Have a quiet, polite word is the best course of action, if you can. Are Your Kitchens Or BathroomsGrubby? The bathroom and kitchen are two heavily-used areas of the home, so they’re key elements when it comes to selling. Nobody wants to make a property with an unclean kitchen or dirty bathroom their home, so arrange for a professional deep clean to be carried out before you start hosting viewings, and make sure all surfaces are tidied and wiped down between visits. Do You Have Outdated Interiors? Décor has a vital part to play when it comes to buyers imagining themselves residing in your property. You should ensure there are minimal personal elements in the property, and it should be decorated in neutral, clean tones. While some viewers will be able to see past outdated interiors, many won't and it could be off-putting if it looks like there is lots of additional work to be done on the property. Is There Parking? These days, most homebuyers in Ashbourne & Derbyshire will expect private parking when seeking a new home, so not having any available parking space can be a major problem when selling your home. If possible, think about turning your front garden into a driveway. If this isn’t possible, look into other possible parking options nearby. Are Your Walls Stained Or Show Damp Patches? Handling any wall stains or obvious damp patches before listing your property for sale is essential. If the property smells musty, has any obvious ceiling watermarks, or any sign that there is black mould, call in a professional who can carry out an inspection and resolve the problem. Do You Insist On Being At Home During Viewings? When prospective buyers visit your home, they can find it difficult to speak honestly and make an unbiased decision if you’re in the property when they arrive. Potential buyers may feel as if they cannot ask questions or get unbiased answers and will feel awkward making them unlikely to be impressed with your property. Using the services of an estate agent will add a non-biased, professional view to interactions. At Bennet Samways, we are experts in property sales in the Ashbourne & Derbyshire region and can conduct viewings on your behalf so that your home can be presented in the best possible light. We’re looking forward to helping you find the perfect buyer for your property, so get in touch with us today by giving us a call on 01335 818550 or emailing us at stuart@bennetsamways.co.uk.
When selling your home in Ashbourne & Derbyshire, it is essential to possess a valid Energy Performance Certificate (EPC). This documentation plays a crucial role in helping potential buyers understand the energy efficiency and environmental impact of the property they are considering. In this article, we will delve into the significance of EPCs, why they are necessary when selling in Ashbourne & Derbyshire, and how to obtain one for your UK property. Understanding EPCs An Energy Performance Certificate (EPC) provides information about a property's energy efficiency and its environmental footprint. These certificates are valid for a period of 10 years. Whether you are a homeowner or a landlord, having an EPC is mandatory when selling your property in Ashbourne & Derbyshire. EPCs grade properties on a scale from A to G, with A being highly efficient and G indicating poor energy efficiency. This assessment takes into account various factors, including appliances, heating systems, insulation, and other elements affecting energy consumption. Importance of EPCs When Selling a Property In the UK, it is a legal requirement to have an EPC when selling any property. As the seller, it is your responsibility to ensure that your home has a valid and non-expired EPC. If your certificate has expired, it is crucial to arrange for a new one before putting your property on the market. Fortunately, your estate agent in Ashbourne & Derbyshire, Bennet Samways can assist you in quickly obtaining a new EPC. Apart from legal compliance, EPCs serve as a valuable tool for potential buyers. They provide insights into the energy efficiency of the property, including: Energy efficiency of the property and its appliances. Grade of energy efficiency achieved by the property. Estimation of potential energy bills for the property. Failure to obtain an EPC can result in fines during the conveyancing process. Therefore, it is crucial to adhere to this requirement to ensure a smooth selling experience. EPCs for Landlord Sellers If you are a landlord selling a property, an EPC is still mandatory. It serves as an important document to showcase the energy efficiency of the property to potential tenants. However, there are a few exceptions to when an EPC may not be needed, such as for certain holiday accommodations based on the duration, or licensing agreements. Landlords should refer to the GOV.UK website for a complete list of exemptions. Obtaining an EPC for Your Home To obtain a new EPC, you will need to schedule an inspection with an accredited energy assessor. You can conveniently book an inspection online via the GOV.UK website or seek assistance from your trusted estate agent in Ashbourne & Derbyshire. If you wish to verify whether your property already has a valid EPC that hasn't expired, you can check the GOV.UK website for existing certificates. Contact Estate Agent in Ashbourne & Derbyshire, Bennet Samways At Bennet Samways, we are your local estate agents in Ashbourne & Derbyshire. Our friendly team is dedicated to assisting you throughout the home selling process, including arranging your EPC and preparing your property for sale. Need a Home Valuation? Give us a call today on 01335 818550 or send us an email at stuart@bennetsamways.co.uk to book your valuation now.