Spring into action and take advantage of the increased property market activity this Spring...
Hot on the heels of our latest in-house research, which found a spring property market bounce, we spoke with two of our Surrey branches: Reigate and Dorking, to find out their experiences of the Surrey property market, what's happening and what their clients are saying.
Reigate
"We are definitely finding that we are busier now - in a typical spring way - with lots of new property launches in all areas of Reigate, Redhill and further afield in Surrey. Spring often awakens our minds to what we see as priorities for the coming year and the longer and warmer days have us thinking about bigger gardens and more space.
"Moving in Spring means clients can find new homes in time for a summer completion - especially important in readiness for the new school year.
"Central Reigate is witnessing a faster-paced market than nearby villages. As a popular location for families due to the access to beautiful green spaces, proximity to excellent transport links and great choice of good schools in both the private and state sectors, Reigate remains ever popular with those looking to move within the area and those looking to relocate from London and take the easy commute into the city."
Dorking
“As we arrive at the Spring property market, there remains a strong and healthy appetite from buyers wishing to find their next home whether moving from London or more locally and our offices are busier than ever. This is despite the rise in living costs and inflation plus increasing interest rates. There is still a shortage of quality homes available in Dorking and surrounding villages which is keeping prices buoyant and meaning many buyers are pursuing each property.
"Dorking benefits from being in commuter distance to London and, with many people now not needing to travel daily into an office, never has the town and surrounding villages been more popular. We are very lucky to have a range of interesting properties including characterful and individual homes with good outside space and beautiful surrounding countryside.
"The appetite for character, period properties in Dorking, and those with large gardens, is exceptionally strong despite the running costs of these homes often being higher than a more modern home.
"We urge buyers to always check our website prior to the other property portals as all our properties will appear there first. Our website has been visited over 2 million times this year."
Jackson-Stops research
Our latest in-house research focussed on the Spring property market bounce and revealed that March is the busiest month in the year across all aspects of the housing market. From those moving into their new homes to those listings their properties, through to buyers filling in their initial application forms, our branches across the UK are seeing spikes in activity – a positive sign for those who have been tentatively considering selling their home.
Our branch data also suggests that the South East looks set to have the largest Spring bounce this year.
Nick Leeming, Chairman of Jackson-Stops, comments: “There is always a flurry of activity in the spring, with transactions, buyers and sellers all contributing to the buzz in the property market at this time of the year. Our latest findings show that activity bounces at all stages of the home buying process in spring, not only do transactions bounce by 28% we also see a surge in new stock coming to the market which is met with strong buyer demand.
“Traditionally increased interest in the spring happens for several reasons - we have brighter weather which lends itself to better photography for advertising, gardens begin to bloom and buyers come to market having had a bit of time over winter to nurture their priorities for the year, and vendors in turn respond to this demand.”
