Christmas is Coming!

Is there still time to market your property and get a result before Santa puts in an appearance' One of the many peculiar things about the good folk of the West End is that the end of the year gives them time to think about buying or selling. There is a window in the run up to Christmas when a lot of the industries and academic institutions wind down their year’s activity thereby releasing time for other endeavours. As a consequence we often see some, but not much let-up in our activity levels and will continue pedalling here in the New Oxford Street office until the second or even third week of December. In any property transaction there are third parties involved. Solicitors, lenders, surveyors, financial advisors, helpful friends, and the Local Authority all get involved. This is the main reason that getting it all done by Christmas can be an issue. These third parties will have unused leave to take, parties to attend and family matters to consider. Local Authority searches have also been taking five or six weeks in the borough of Camden. The realistic answer is that selling by Christmas is unlikely – there is certainly time to plan and commence marketing in order to at least get a property under offer.   We have noticed in the last week or so a slight return of equilibrium between buyers and sellers expectations. Previously sellers have been looking backwards to the higher prices of spring and Buyers have been looking forward with caution to the various election implications that may unfold. My feeling is that Sellers are now more clued up on the changes in the property market and there is more understanding of what buyers are saying. Realistic pricing is the key to property turnover, if you want to get under offer by Christmas, think hard about what we are saying regarding pricing. You cannot buy the sort of experience we have in our office.

Is there still time to market your property and get a result before Santa puts in an appearance'



One of the many peculiar things about the good folk of the West End is that the end of the year gives them time to think about buying or selling. There is a window in the run up to Christmas when a lot of the industries and academic institutions wind down their year’s activity thereby releasing time for other endeavours. As a consequence we often see some, but not much let-up in our activity levels and will continue pedalling here in the New Oxford Street office until the second or even third week of December.

In any property transaction there are third parties involved. Solicitors, lenders, surveyors, financial advisors, helpful friends, and the Local Authority all get involved. This is the main reason that getting it all done by Christmas can be an issue. These third parties will have unused leave to take, parties to attend and family matters to consider. Local Authority searches have also been taking five or six weeks in the borough of Camden.

The realistic answer is that selling by Christmas is unlikely – there is certainly time to plan and commence marketing in order to at least get a property under offer.

 

We have noticed in the last week or so a slight return of equilibrium between buyers and sellers expectations. Previously sellers have been looking backwards to the higher prices of spring and Buyers have been looking forward with caution to the various election implications that may unfold. My feeling is that Sellers are now more clued up on the changes in the property market and there is more understanding of what buyers are saying.

Realistic pricing is the key to property turnover, if you want to get under offer by Christmas, think hard about what we are saying regarding pricing. You cannot buy the sort of experience we have in our office.