Posted on Tuesday, May 11, 2021
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.