April or May are generally the best times to buy a house in the UK. There are usually more properties on the market as sellers emerge from winter and consider a move, while the market is generally more active once the weather starts to warm up and the clocks go forward. Summer can sometimes be a great time to buy – although the number of properties available can be fewer due to potential sellers taking holidays.
Winter is largely considered the slowest period for the property market. As the nights draw in and Christmas is just around the corner, the market often slows up - fewer properties are for sale and fewer buyers looking to purchase. Summer tends to be the best times to sell a house – as there’s less competition on the market. Plus, the moving in and out process is largely easier and more appealing when the weather is nice.
The short answer is yes. Since the pandemic, there’s been a shift in homebuyer’s priorities. A private garden, space for a home office and access to open green space are now becoming much more important.
House prices reached a record high last month. The average home now costs £262,954, up by 0.7 per cent from July and 7.1 per cent over 12 months, according to mortgage lender Halifax.
Even areas such as the North West and North East, which had previously been more affordable options for homebuyers, are now experiencing extraordinary annual house price rises.
For more information about the current property market, or to enquire about the properties we have available, please contact our knowledgable team today.
