The Address / Property market...

Posted on Tuesday, May 11, 2021

decorative curve for layout selling property

Since estate agents were allowed to return to work in mid-May, we've been inundated with new potential buyers, new properties to the market - and new sales agreed.

Across the Mansell McTaggart network, we've seen

- new potential buyers up 55%

- new properties to the market up 68%

- new sales agreed up 159%

This is the result of a combination of, first, pent-up demand with buyers and sellers holding back until after the December election and whose plans were then thwarted by the onset of the pandemic; and second the slashing of Stamp Duty to 0% for first homes up to £500,000.