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In this month's edition, we explore why 3-bedroom properties are now in high demand. We're pleased to say new build homes are at a 21-year high, with over 49,470 new build properties, completed in the first three months of 2021.
We take a look at the lettings market boom and what this means for landlords, before exploring why market activity peaks in August.
If you would like any further information, please get in touch here.
3-bedroom properties in high demand
Property experts from Rightmove are urging homeowners to sell their three-bedroom homes, as high demand leads to an average selling time of just 45 days.
So, why is the housing market so hot right now?
New build homes at a 21-year high
Over 49,470 new build properties were completed in the first three months of 2021 – the highest figure recorded in 21 years. Why are so many new homes being built?
Lettings market boom and what it means for landlords
The lettings market has had a record strong month, with reports of a decrease to the length of average void periods in most regions, as well as rising rents seen across the country.
Why does market activity peak in August?
For the past 12 years, reports show that August has been one of the most popular months for home moving.
Whilst typically homeowners would expect to fare best by listing earlier in the season, the same won't be said for 2021.
Kings Croft, Long Ashton
Spacious five-bedroom property located on this desirable development in Long Ashton with recently landscaped rear garden, driveway and large store room.
£525,000
Church Lane, Flax Bourton
Porch Cottage is a tucked away hidden gem in the sought after village of Flax Bourton, the cottage has been lovingly extended and restored to a very high standard.
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