A major factor that has increased property prices has been the shortage of homes to sell to match demand in many areas. And despite the increase in property prices to ‘new all-time highs’, the typical mortgage payment has ‘not been high’ by historic standards compared to take-home pay, largely because mortgage rates have remained close to all-time lows.
Are you trying to sell your home this winter? It’s not the easiest time of year, but that doesn’t mean it’s impossible. So what should you do if you’re thinking of going ahead with a winter sale?
During the colder and shorter winter days people might be more hesitant to view lots of properties. So, first impressions online, including great photography, couldn’t be more important.
Last year was one of the busiest for the housing market in more than a decade, driven by a reassessment by many homeowners of where they are living – prompted by the COVID-19 pandemic, a search for more living space, low mortgage rates, better access to mortgages for first-time buyers, and, of course, the stamp duty holiday.
