Number of new sellers coming to market is +5% ahead of last year as confidence to move grows 💪
📸 Lead image FOR SALE by Cavendish Residential: Three bedroom Victoria semi-detached family home in sought after West Bridgford | Guide price £295,000 📸
🏡 Average new seller asking prices see a seasonal drop of -1.5% (-£5,708) this month to £367,785
🏡 That's nothing new, August has seen a decline in prices for last 18 years!
🏡 Bank of England rate cut is first in 4 years, it's led to an immediate upturn in buyer activity
🏡 The number of potential buyers has jumped from 11% to 19% compared to same time last year
🏡 Number of sales being agreed is now +16% ahead of the near-peak mortgage-rate period of a year ago
Number of new sellers coming to market is +5% ahead of last year as confidence to move grows 💪
💳 Rightmove’s weekly mortgage tracker shows that the average 5-year fixed mortgage rate is now 4.80%, an improvement from 5.82% a year ago
💳 The best available 5-year fixed rate is now 3.83% for those with a 40% deposit, the lowest a 5-year fixed rate has been since the period before the mini-Budget in September 2022
Interested to know how much your property is worth? Contact Lisa (lisa.dahl@cavendishproperty.co.uk) for an up-to-date valuation 📧
📸 Lisa Dahl-Parsisson, Head Valuer and Asset Manager at Cavendish Residential 📸
🌟 Instant online valuation (immediate response, 60-70% accurate)... Click here 🌟
🌟 Remote consultant valuation (24-hour response, 80-90% accurate)... Click here 🌟
🌟 Face-to-face visit (time to suit you, 100% accurate)... Email expert valuer lisa.dahl-parsisson@cavendishproperty.co.uk to get started 🌟
📸 Lead image FOR SALE by Cavendish Residential: Three bedroom Victoria semi-detached family home in sought after West Bridgford | Guide price £295,000 📸
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