First time buyer numbers double
First time buyer numbers have doubled over the last year.*
In 2021, the number of buyers taking their initial steps onto the property ladder increased by 98%. First-time buyers spent an average of £281,900 in 2021 on their new home.*
This is great news if you're looking to sell your home this year. Selling to a first-time buyer has several advantages, including a shorter chain and faster completion.
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This isn't the only reason that now is a great time to sell. See below for three more reasons to sell in the next few months…
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Spring!
The spring season presents a great opportunity to present your home in the best light. With flowers in season and kerb appeal at its peak now is a great time to get your home on the market. Get a valuation.
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Sellers Market
It's not just first time buyers that are looking to move. As the year progresses it's clear that it will continue to be a strong seller's market. With one in five people looking to purchase a new home.**
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High Demand
High demand has caused asking prices to increase. These property prices are expected to rise by another 5% in 2022. Take advantage of the current market conditions and contact your local property professionals.***
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Need help with your next move? Get in touch with our team today and call 01372 221 678.
*Barclays
**Property reporter
***Rightmove
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