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Top Indicators For Knowing When It Is The Right Time To Move

Posted on Wednesday, July 12, 2017

Top Indicators For Knowing When It Is The Right Time To Move

Do you find yourself increasingly looking at property online or taking a look at the property section in the newspapers and for one brief moment, you entertain the idea of moving house?  But then ‘life’ gets in the way and all the reasons not to move kick in.

It’s too stressful/expensive/time-consuming - delete where applicable.

The thing is, the ‘moving bug’ is a persistent little devil and once it has bitten, the only cure is to get your home on the market.  So rather than put it off anymore, we wanted to give you five good reasons for why now is a great time to get your property on the market.

  1. Your Competition is Greatly Reduced.  In a market where there are fewer properties for sale, the amount of homes in direct competition is greatly reduced.  It’s only natural for buyers to compare and contrast or wait for the next instruction to come to the market.  Fewer properties being listed for sale puts the pressure back on the buyers to find and decide quickly.

  1. You Are Realistic About Your Asking Price.  Even considering point one, there is still the need to be realistic about your asking price.  Push the pounds too high and you will get no one through the front door.

  1. Borrowing Rates Are Low.  The flipside of low interest rates from a borrowing perspective is the impact it has on your savings.  Whilst it is always advisable to seek professional financial advice, it could well be that money moved from savings into property will work much harder for you, and in the longer term, yield a better return.

  1. Your Neighbours Have Sold.  And because having checked online to see how much they were on the market for (we all do it!), you were encouraged or indeed pleasantly surprised with the figures.  Having similar property sold nearby provides a good benchmark for what is achievable and evidence that the buyers are out there.

And finally!

  1. My Current Property Is Too…  Big.  Small.  Old.  New.  This is another ‘delete where applicable’ statement.  In the same way we can always find reasons not to do something why not turn it around and make it the reason to move.

Whatever ever your reasons for moving, make sure you take advantage of a free appraisal from Waymark Property and get all the latest price and property marketing advice.  Just complete this form or give us a call on 01367 820 070.



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