close
close

How to sell your house in a cut-throat spring market

Property owners trying to sell a home worth more than £1.5 million this spring may be inclined to agree with TS Eliot that April is the cruellest month.

As the daffodils and tulips bloom, would-be sellers — many of whom wasted months during last year’s market slowdown trying in vain to sell their properties — are banking everything on making progress this month. After all, spring typically heralds a frenzy of buying activity. And mortgage rates have stabilised, right?

Not quite. Analysis for The Times shows that April is proving to be particularly cruel this year if you’re selling above a certain price point — mortgage-hobbled buyers are focusing on value for money, and so pricier properties are proving hard to sell.

A barn conversion in Chalfont St Peter, Buckinghamshire, is on the market for £1.495 million with Winkworth

A barn conversion in Chalfont St Peter, Buckinghamshire, is on the market for £1.495 million with Winkworth

LEON DAY

The research, conducted

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *