The market ran out of steam for the final three months of last year and it was our quietest period in the past six years. The doldrums continued into 2017 but erupted into life in the third week of January. Considerably more property is coming to the market and deals are being done.
If you are planning a move, now is a good time to action your plans.
What to look out for when buying a new property
Get a surveyor to check the property for any structural damages that need to be fixed. A big issue people often find with old buildings is that the roof needs to be repaired due to years of decay and damaging weather conditions. Visit this website for fast roof repairs in Chelmsford, Saffron Walden and Thaxted.
If you are buying or selling a property you will probably be intending to instruct a solicitor to deal with the conveyance. Shopping about for the best quote can be time consuming which is why we have added a facility to the website, enabling members of the public to access solicitors and licensed conveyances directly to find the best deal.
What has been happening in recent property news?
Many estate agents are concerned about the effects of the removal of the first day marketing concession which allowed a home to be marketed as soon as a HIP was ordered and formal arrangements for payment had been confirmed.
This was widely abused and many estate agents did not order a HIP until an offer had been made and the buyer’s solicitor asked for a copy. This is largely why this concession was removed.
The fear now is that it may take so long to obtain the required documents that days if not weeks will pass before the property can be marketed.