Monday 17 May 2010

Property market experiences post-election surge

With a coalition Government now in place and the election period over there is a reclaimed sense of stability in the housing market which has led to a surge of property coming onto our books.

It seems that confidence is returning with people no longer postponing their decision to buy and sell.

Since the formation of the new Government we have also experienced a flood of phone calls to our branches, plus a large increase in traffic to our website.

In particular, we are seeing a flurry of web-driven activity during the lunchtime period and between 7pm and 9.30pm. When we surveyed our customers recently, they told us one of the reasons they chose us to sell their property was because they can talk to us up to 10pm during the week.

Even the uncertainty over the future of Home Information Packs is failing to dent interest. Although the new Government has confirmed it will be scrapping them, it hasn’t yet announced the timescale to do so.

With the election behind us and the summer ahead, sellers now need to focus on smartening up their properties and making them stand out from the crowd.

For buyers, there are some good mortgage deals available and, with property prices rising again, it has never been a better time to get on or move up the property ladder.

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