Getting ahead of the Christmas buzz

So, with another month comes another Chancellor and a new approach to steadying the ship. After the stormy seas of Messrs Truss and Kwarteng, we are hopefully sailing towards calmer and quieter waters. Inflation has peaked again but the long-term forecast for interest rates is actually lower than previously feared (thank you Martin Lewis for that update).

Christmas is also on the horizon and with it the re-emergence of the Christmas advert. Thankfully John Lewis and its competitors have seen fit to sidestep consumerism in favour of caring with their latest campaigns. The current climate calls for understanding and support.

That said, with the season comes the spending and the Black Friday Sales are upon us with the Boxing Day and January sales soon to follow. The housing market is no different. Sadly, for some, there are no 50% discounts on property for Black Friday (unless you can secure a low-cost affordable house) however there is always an increase in New Year property sales.

The December market may quieten slightly over the Christmas period but the New Year will spring into action and, if previous years pre and during the pandemic are anything to go by, the number of sold properties will increase almost immediately.

Whether you are buying or selling now is the time to get prepared. List your property ready for the New Years' rush or register your details for the newly instructed property. You could also speak to your financial advisor as being on the ball with regard to current deals has never been more important.

Any way you look at it the understanding and support of a knowledgeable local agent can help you find the right port after the storm. Come and speak to us at Poole Townsend with any questions you have about the property market.

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