Significant demand for all property & moves to rural locations
Thursday, 20 August 2020
Significant demand for all property and in
particular for moves to rural locations
Significant demand for all property and a move to rural locations are the headlines from the recent Rightmove property sales statistics.
Recent statistics released from Rightmove
make exceptional reading for those both looking for a new home and those
selling their property. Our region is faring particularly favourably as the
exodus from city living to rural locations is at an all time high.
Of the move to rural locations, Rightmove’s
property expert Miles Shipside said: “The
lure of a new lifestyle, one that is quieter and has an abundance of beautiful
countryside and more outdoor space, has led to more city dwellers choosing to
become rural residents. We saw a shift as early as April in more people living
in cities enquiring about moving out of that city, and this trend has
continued. The most popular village moves are still within the same region the
home-hunters are currently in, as it’s likely they’ll keep their current job
but may have the flexibility to commute less often and set up their working
space at home.”
Demand Increased by 51% Year on Year
The number of people looking for property over the past 4 weeks is 51% up on the same period in 2019, and at a volume not seen since 2008. With the stamp duty holiday confirmed until March 2021 and the re-assessment of priorities following the lockdown period, it is certainly a time to act if you are considering a move.
Across our network, we have seen a record number of new instructions, sales agreed and activity in recent weeks. We are delighted to be able to support so many clients through their house move. Of course, with increased listings and record levels of sales agreed in recent weeks, our communication with mortgage lenders, solicitors and surveyors has also increased as has their volume of cases.
Rightmove Commentary on Demand for Property
To this end, Miles Shiplake comments: “
Not only are we seeing an unusually busy summer period, but also parts of the
lending and legal sectors are having to cope with capacity constraints, as some
staff will still be on furlough while many will still be working from home.
Patience will be required, especially with some lenders limiting their product
ranges due to capacity constraints in their ability to process mortgages. To
minimise the risk of missing the 31st March stamp duty deadline it’s best to
plan well ahead. This busy pace of the market looks set to continue in the
short term.”
Considering a Move?
If you are considering selling your property,
please contact one of our teams for a no-obligation consultation. We are
following strict social distancing guidelines and Government protocols for valuations
and viewings and can share our policy with you ahead of any face-to-face
discussions.
Rugby – 01788 564666
Atherstone – 01827 718021
Ashby – 01530 410930
Towcester – 01327 353575
Lutterworth – 01455 559203
Daventry – 01327 316880
Northampton – 01604 823456
Hot Properties
A selection of properties for sale
from across our region:
Highfields Farm, Thorpe Constantine
A rare opportunity to acquire an attractive period rural property with various extensive buildings, all set in 11.96 acres.
Dewar House, Shawell
A family home with both the wealth of character, to include exposed ceiling timbers and floors, but has all the benefits of modern-day living.
Home Farm, West Haddon
A six bedroom country property finished to a high standard in a truly wonderful setting with paddocks, stables, outbuildings and a separate one bedroom cottage.
Lynmouth Drive, Gilmorton
A four bedroom detached individual property, with spacious and versatile family living accommodation over two floors.
Hillmorton Road, Rugby
A beautiful detached five bedroom Regency/Georgian townhouse which has been fully modernised throughout to a very high specification
Rotherwood House
A quite exceptional and beautifully appointed Grade ll listed period Georgian residence. Standing within private landscaped gardens of around 1.45 acres
Watling Street, Nuneaton
A four bedroom detached barn conversion extending to over 2500 sq ft. with adjoining pasture land, measuring 8.99 acres.
Calverton Road, Stony Stratford
Stunning detached and individual four bedroom property, renovated and finished to an exceptionally high standard throughout.
Flore Lane Wharf, Weedon
A spacious detached conversion of a period four storey canal wharf building, together with a detached one bedroom annex
The London & Country Property Show We are delighted to be returning to the capital in the late spring to attend The London Country... READ MORE
0 Comments
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
0 Comments