Thinking of selling this January?
January 9, 2023
Considered selling? You may be ready for a new beginning now that the holiday season is over for another year. As buyer interest returns, here are 5 reasons to list your home this January.
You may be ready for a new beginning now that the holiday season is over for another year. As buyer interest returns, here are 5 reasons to list your home this January.
1. Sparking interest
On the run up to Christmas, activity in the housing market typically slows and picks up again in the new year. With buyers feeling rejuvenated after the festive break and ready for a fresh start, you’re more likely to capitalise on interest and secure a quick sale.
2. Stamp duty cuts
With the Government announcing cuts to stamp duty until March
2025, now is a good time to move home if you want to save money. The cuts mean that you would pay 0% stamp duty on properties up to £250,000, and for first-time buyers you will pay no stamp duty on properties up to £425,000.
3. Positive local market start
Here at Richard Kendall Estate Agent in the first week of January we saw a positive start having booked 60% more valuations than the same period last year and 32% more viewings were booked.
4. A Spring move
In 2022 it took an average of 150 days from a sale being agreed to completing, meaning that if you put your home on the marker in January, you are likely to be moving house during the Spring
5. Serious buyers
Spring and Summer are generally the most popular times to move house, and with that comes an increase in non-serious buyers. It you’re looking for a hassle free move, January is a great time to put your home on the market.