Property

by BV - the monthly digital magazine from the heart of Dorset

Beauty

Thinking of Selling your House?

If you’re thinking about selling your home but have been waiting to see what will happen in the housing market,Rightmove’s latest insights and our recent sales record, reveal there is no need to worry when it comes to selling your house at the moment!

In fact, demand levels are a whopping 34% higher than this time last year when the UK was still experiencing a strong prelockdown market. This is the greatest excess of demand over supply our team have seen for almost a decade, pushing up the average price of property coming to market in the South West by 1.5%. There’s been so much interest that properties really aren’t staying on the market for long. Over the last few weeks, a number of properties have gone “under offer” in a matter of days.

At Lodestone, we pride ourselves on working innovatively to market your property. We employ a team of marketing experts to ensure we do not operate a ‘one-size-fits-all’ approach. Instead, our marketing reflects the way we run the rest of our business: we are proactive and treat every property individually. We identify the most suitable target market for your house, and then tailor a creative strategy to fit. We now have just over 3000 social media followers making us the most-followed Independent Estate Agency in Somerset & Dorset. This means we are able to talk to engaged and interested buyers directly. Over the last 3 months since Christmas, we have reached over 500,000 people online. Our website sees an average of 4,000 unique visitors a week with users spending an average of 4+ minutes browsing our featured properties and original editorial written about the industry, community and the homes we sell. You can find more info about our innovative property sales and advice at www. lodestoneproperty.co.uk or contact Lodestone Shaftesbury Office on: 01747 442577

Voice of An Estate Agent: April

Regular monthly commentary on the local property market from Susie & Brad, the north Dorset team at Meyers. Anyone who is currently looking to purchase a property will know all too well they are few and far between, and when you do find one you would like to view, by the time you have made your enquiry it either has 5 others lined up to view it or it has already sold.

Rightmove statistics show that as of this month, the number of potential buyers enquiring about properties is 34% higher than this time last year, yet the supply of properties remains low which is resulting in a serious shortage of homes available for sale.

This increase in demand has been fuelled by several lockdowns, leading to homeowners reassessing what their home has to offer and of course the government’s stamp duty holiday extension which was first announced in July last year.

So why has it been such a slow start to the year in terms of new properties coming to market?

The start of a new year is often slow in this respect and while the property market has remained open, we have been in a national lockdown for the whole of 2021 so far and many potential sellers have still been wary at the prospect of marketing their home in these uncertain times.

Another significant factor is of course that at the start of the year, homeowners felt they were too late to take advantage of the stamp duty holiday.

If you are one of the 7 million people visiting Rightmove’s website each day in the desperate search for a property, we have some good news for you! Easter is traditionally an extremely busy time of the year for the property market anyway, and with the government’s announcement of the stamp duty holiday extension and mortgage guarantee scheme, together with the easing of lockdown restrictions, your dream home could be getting ready to come on the market as we speak!

Our friends at Rightmove sum this up perfectly: “Blossoming buyer demand coinciding with blossoming gardens should put a spring in the steps of sellers, and more of them coming to market will provide a much–needed increase in the choice of property for the many who are looking to buy.”

Here at Meyers, we are passionate about providing the best possible experience for all our sellers and buyers and we are always delighted to hear from you with any property queries you may have.

For further information on how we work, please contact a member of your North Dorset team: Brad Hansford – Shaftesbury on 07814 962 161 Susie Palin – Blandford Forum on 07570 357 553