A Thriving Property Market Beckons
Are You Ready to Make Your Move?
As we step into the new year, the UK property market is already buzzing with exciting possibilities. Around The Robinson Jackson Group, January 2024 has been phenomenal, and we're delighted to share this momentum with you. But before we unveil the achievements that benefit our valued customers, let's take a moment to understand the broader picture – why this year could be the perfect time to buy, sell, or invest in property.
Positive Signals on the Horizon:
Firstly, the mortgage market is becoming increasingly competitive. Interest rates are dropping, making affordability a more achievable dream for many homeowners and prospective buyers alike. This, coupled with falling inflation, provides welcome news for household finances. Additionally, the Bank of England's decision to hold base rates since August 2023 has injected a sense of stability into the market.
Confidence is Building Steam:
These positive economic indicators naturally boost consumer confidence, with more people feeling optimistic about their property aspirations. This is reflected in the 24% increase in homeowners inviting us to value their properties compared to January 2023. It's a clear sign that people are ready to move and seek the expertise of trusted professionals like us.
Rightmove also Reports Rising Buyer Confidence:
In addition to the positivity among homeowners thinking of selling, our customers will benefit more from the increased demand witnessed across leading property portals for people looking to get ahead of emerging market trends and buy early in 2024.
- According to the Rightmove House Price Index, the number of new properties coming onto the market for sale was 15% higher than in the same period last year.
- Rightmove has seen nine of its ten busiest days on record for people getting a Mortgage in Principle to see what they can afford to borrow, another early sign of movers getting their 2024 plans in place.
- The average 5-year mortgage rate is now 4.86%, compared to 6.11% at the July 2023 peak. While there may be more surprises, early indicators suggest a more stable year for the mortgage market after its volatility from September 2022 onwards.
The Robinson Jackson Advantage:
While the market may be improving, it's crucial to remember that not all estate agents are created equal. The Robinson Jackson Group across SE London and Kent is not just riding the wave but actively propelling our customers towards success. Here's how:
- Local Expertise that Stands Out: We boast an award-winning team with deep knowledge of your local market. This ensures you receive accurate valuations, targeted marketing strategies, expert negotiation skills and support throughout the legal and financing stages.
- Compassionate Dedicated Staff: Buying or selling a property is a significant life decision and can be time-consuming. Our caring staff aim to reduce customer hassle, providing an experience that helps you get on with life while retaining valuable time.
- A Proven Track Record of Success: Numbers speak volumes, and ours are truly impressive. In January 2024 alone, we achieved:
- 20% of local sales, according to Rightmove.
- Twice as many properties sold compared to some competitors in specific areas.
- A 39% increase in customer properties sold compared to January 2023.
- Registered nearly 40% more buyers with 3,850 in the first month of 2024.
Customers Who Want the Best Choose the Best:
Big plans should not be compromised; the right agent can make all the difference in a dynamic market like this. Insist on the best experience, expertise, and dedication. We'll help you confidently navigate the market, ensuring you achieve your goals quickly and for the best possible price, whether selling or letting a property.
Are you ready to make your move? Contact us today for more market insights and a free valuation for your property. Let's make 2024 the year your moving aspirations come true!
All News ≫
