Its all relative…

Although we are all aware of the doom and gloom portrayed in the media in relation to the property market, the reality is not as bad as it may first appear. Whilst prices may have decreased slightly due to a rise in the amount of properties on the market, this means that not only is there a greater selection of homes for buyers to choose from, but any decrease in the sale price of your own property will be mirrored in the price of the property you intend to purchase, thus making it all relative. In addition, the recent increase in the stamp duty threshold to £250,000 for first time buyers makes it easier to get onto the first rung of the ladder. Finally, anyone out there looking to snap up a bargain investment property could also be in luck!

So, if you are thinking of selling, my advice would be to get a couple of valuations and choose the price at which you think your property is most realistically likely to sell. Don’t be wowed by exaggerated valuations which your home inevitably won’t achieve, but on the other hand – don’t sell your property short. Try and be objective and ask yourself “what would I be willing to pay for this property?”

Remember – Barker Healey Property is contactable 7 days a week  between 9am and 7pm.  A no obligation, free valuation can easily be arranged. If you do decide to instruct us, the fee will be a flat 1% – regardless of the value of your home. If that’s not enough, we also do not charge any VAT – which will automatically save you 20% on our competitors’ fees.

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