Regional round-up

There’s no denying that the uncertainty around when the UK will leave the EU, and the terms under which it will happen, is causing some property market jitters. It’s impossible to say the extent to which Brexit has influenced any changes in the market, looking at transactional figures.

But many argue that the house price dip is simply a long-overdue market correction, which could help thousands of potential first-time buyers who have been priced out of the market in recent years. Many people are waiting until they know more about the whole process of Brexit, but putting your life on hold, and on hold for the unknown, is very tough.

What I’m finding in the West Country, though, is that it is a market of two halves. I’m seeing that some buyers and sellers are no longer waiting for the outcome of Brexit and want to get things moving, particularly as many sellers are realising that it’s just tipped to be a buyers’ market. Some houses are taking time to sell, but that is often the case, whatever the market.

The knowledge of the sale process is often the key to getting the whole property sale over the line to exchange, particularly as the sales transaction process has become more and more drawn out recently. Often, we are able to talk to both buyers and sellers through the whole process, making sure they are aware of the ins and outs of moving house. We can provide guidance and comfort at a time that can often be exceedingly stressful and time-consuming.

I see more of the same in the market, and yes, it’s a tough one out there, but those estate agents that have a plan and processes in place can ride out these blips which might be hitting us along the way. After all, we’ve seen this and experienced this type of market before and the cream always rises to the top.