With the summer months coming to a close, September offers an ideal window for selling a property for several reasons. With only days until we officially hit autumn, here are our top five.
1. New term, new home
So, the summer holidays are out of the way and you’re probably ready for the kids to go back to school (certainly for them and possibly for you, too). The good news is that September isn’t just about a new school term; for many homeowners, their attention turns to finding a new home, too. On average, we generally see a 15 per cent uplift in enquires in September from people looking for their next property. As a result, we would always urge people to prepare for a move in September as there’s a captive market.
2. Summer OUT, Christmas IN
Well, not quite. But the truth is that for most people – the Davies team included – seasons and key celebrations are like milestones. No sooner has one ended and we’re looking ahead to the next one, which, in this case, is the festive season. Not only that, but people that wish to move as the kids go back to school want to do so before Christmas arrives. If the beginning of September represents the starting gun, then Christmas certainly represents the finishing line. Given the timeframe associated with selling a property – from instructing an estate agent to completion – September provides that perfect opening.
3. Garden state
If your garden has suffered from the beating sun over recent weeks, then the cooler days of September generally provide the perfect temperature to revive and rejuvenate it. And, as the colour returns to the grass and the flowers begin to look less limp, it’s a good time to take professional photography that showcases your garden in its best light. Garden’s help sell properties, and September provides the perfect climate to capture it at its finest before the flowers fall as autumn really takes hold.
4. Child free, clutter free
Now, we know that no two children are the same. However, as a team of Surrey estate agents, the majority of whom have children, we know that they generally create varying degrees of mess. So, now that they’re back at school, it means that the logistics surrounding selling a property become significantly easier. If you’ve ever tried to sell your property with the children around, then you’ll probably know that it’s a constant merry-go-round involving a cycle of tidy-viewing-tidy. In September, just as interest in property is at a high, this is no longer an issue.
5. Interest rates
Okay, so this one isn’t September-specific – but it is relevant to September, nevertheless. Only a few weeks ago, the Bank of England (BoE) reduced the base rate from 5.25 per cent to 5 per cent – and it’s expected that more cuts will follow. And, with cuts to the base rate generally come cuts to mortgage rates, too, the result of which creates a more active property market. This began with the 0.25 per cent cut on the 1st August and we’re already seeing this filter through to those looking to sell and buy. If your property is on the market in September, then it will coincide with the easing of the property market that the interest rate cut has created and means that your property is perfectly placed for those eager to buy.
Thinking of selling your property this September? Why not get in touch with your local Davies Property Partners office to find out how our local, knowledgeable and experienced team can help.
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Cobham
01932 588288 -
Claygate
01372 462323 -
Hinchley Wood
0208 3980265