Summer’s End

The summer is already racing to an end and I am writing this in the often hoped for, but rarely achieved, hot weather. As usual, the British weather has been unpredictable. Searing heat interspersed with apocalyptic thunder and lightning (well for one night anyway). Thankfully, the property market has proved more settled.

Since lockdown restrictions have been eased we have seen a significantly high level of activity in both viewings and sales. These levels have been echoed throughout the country and for the third month in a row average asking prices have risen across all areas.

Reports say that asking prices have increased by an average of 1.2% across the month of July and bring the year on year increase to an impressive 3.3%. This echoes the figures that Poole Townsend have seen in their sales stock for last year and for the two years before that. The market is very active and if there was ever a time to look at marketing your home, now may be it.

Despite the high levels of sales activity, the actual level of available stock is 9.1% lower than in August 2019. Buyers are keen to move quickly on new property and competition is high leading to agreed prices coming in higher than usual.

If you are thinking of taking advantage of the property market then your local property expert is more than happy to come and talk you through the process, value and marketing package. With no obligation and a No Sale No Fee sales package, you can take advantage of the highly active property market.

Contact your local Poole Townsend office to speak to your local property experts to find out why we are the most successful agent in the South Lakes and Furness areas.

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Poole Townsend solicitors Ltd (Company no:10964550) is a company registered in England and Wales with its registered office at 69-75 Duke Street, Barrow in Furness, LA14 1RP. A list of directors is available at the registered office address. Authorised and regulated by the Solicitors Regulation Authority number 647087. We are independent financial advisers authorised and regulated by the Financial Conduct Authority. VAT registration number :154365563.

Poole Townsend Estates Ltd. (Company No: 10960705) is a company registered in England and Wales with its registered office at 69-75 Duke Street, Barrow in Furness LA14 1RP. A list of directors is available at the registered office address. Regulated by the Council of Licensed Conveyancers to provide Conveyancing services. (Firm no: 3438) VAT registration number 288092466. Our Estate Agency is a member of the Property Ombudsman scheme.

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