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If you are looking to sell your home, you need to use every advantage that you can. It makes sense to call on the services of a skilled or experienced estate agent and at Austin Property Services, we are here to help you out. You should also look to present your home in the best manner, price your home properly and set out to make the most of the chances you have when placing your home on the market. However, what if there was a specific day you could list your property that would help you to sell your home.
This is an approach which has been considered by Emoov who say that the 17th of March is the best day to place property on the market with the aim of maximising a sale. Of course, this is St Patricks Day and it may be that you will enjoy the luck of the Irish in making a quick sale, but it appears there is more thought to the process than just good fortune.
The thinking comes from the following facts:
- In 2017, Emoov found their busiest month for sales was June
- The average number of days to sell a property is 96 days
Taking these two factors together, the calculation is that placing your property on the market on the 17th of March means you should be able to benefit from the busiest time of year for sales.
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The past few years have been fairly difficult for landlords but anyone hoping that things would become easier shouldn’t hold their breath. One new issue that is likely to impact on landlords is the General Data Protections Regulation, GDPR, which comes into effect from May of 2018. This new legislation is likely to impact on a wide range of industries and people all across the United Kingdom and the housing sector is likely to be impacted.
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It is widely accepted that it can be difficult for first time buyers to make their way on to the property ladder. This is why it is good to see that there is a growing level of assistance being offered to first time buyers. In November of 2017, the Government announced that stamp duty would be removed for first time buyers when the price of property was less than £300,000. There was also an announcement that first-time buyers purchasing a property between the price of £300,000 and £500,000 would pay a reduced amount of stamp duty.
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At Austin Property Services, we take immense pleasure in being local estate agents with considerable knowledge of the area we serve. We believe that local knowledge is essential when it comes to providing the best service for our clients and if you have any queries about the local market or area, please get in touch.
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You would think that more mortgage types would be of benefit to the marketplace. After all, the more choice that people have to select from, the more likely it is that they will find an option that is ideal for their needs. Of course, not all mortgages are equal, and there is a mortgage type that is not as popular, or as prominent, as it used to be. However, there are some suggestions that interest only mortgages are being discussed, which could see them coming back in 2018.
