Inflation up. Mortgage rates up. Government vote uncertainty. Global tensions (including Middle East conflict).
All contributing to more cautious buyers… BUT the market is still active.
New listings are coming on daily, buyers are still viewing and offering, and prices are generally holding better than expected. However, competition between sellers is HIGH.
While none of us can control the wider economy or global events, there are important factors sellers can control:
Price attractively rather than just competitively, be flexible with viewing times, ensure your property is tidy, fresh and clean, and create a welcoming first impression. Keep access easy for viewings and have solicitor & paperwork ready early.
Average offers are coming in approximately 6–8% below asking price, depending on property type and condition. Conveyancing remains slow, with transactions taking around 5 months from agreed sale to completion, so preparation is essential.
Buyers are well informed, value-driven and highly selective — presentation and pricing matter more than ever.
Buyers are still buying — many are simply fed up waiting for “perfect conditions” and are getting on with moving.
