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HOUSE PRICES BOUNCE BACK

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Tue 11 Aug 2020

HOUSE PRICES BOUNCE BACK

House prices bounced back in July, climbing 1.7% according to the Nationwide.

Charter Whyman believe that the rebound in prices is down to a number of factors, including pent-up demand from buyers during lockdown as well as the temporary holiday on stamp duty on the first £500,000 of property sales, until 31 March 2021.

From a local point of view, our office has seen a rapid recovery in the housing market since the easing of lockdown restrictions and since the re-opening of our office, we have registered record numbers of  buyers looking to move to Letchworth Garden City and the surrounding areas.

Having spoken to a number of the buyers, it is clear that they are looking to move for lifestyle reasons, following on from their experience during lockdown and the fact that many of them are now working from home. 

If you are considering a move, the good news is that Charter Whyman and Nationwide both believe that the upward trends look set to continue...



 

Covid 19 Update


In line with the Government's latest announcement, we have put together some updated guidelines in order to keep our customers, staff and wider community safe..


Our Sales and Lettings offices are open for business and we are carrying out Valuation and Viewing appointments.

Whatever your circumstance maybe, if you would like advice regarding moving during these very difficult times, we would be delighted to speak with you.


Please take a moment to read our company guidance notes for property appointments, which are in line with the Ministry of Housing, Communities & Local Government latest recommendations.


For more information please see our full page details


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