This week, Chancellor Rishi Sunak confirmed 3 initiatives to continue the growth in the UK housing market;
✨ A government guarantee for 5% deposits for properties worth up to £600k
✨ The decision to extend the stamp duty holiday for 3 months until the end of June 2021 for all properties worth up to £500k
✨ No stamp duty on homes up to the value of £250k extended until the end of September
This is excellent news for home owners wanting to take advantage of the continued demand for property on the market. It eases the pressure for all of those homes waiting to be processed by the end of March, and opens up potential for new homes to hit the market.
BUT, if you are thinking of selling you had better be quick. Demand is expected to remain high, meaning all of those services such as solicitors and surveyors will still be in high demand.
To set your home apart from the crowd, consider looking at a Home Staging service to present your property in the best possible light. Research shows, properties that are Staged sell quicker and for more money - Rightmove states on average 8% more!
Home Staging costs less than you think, typically 1-2% of the property value but a Home Staging report can be completed for as little as £299 and then you can make the amendments suggested in the report yourself.
Get in touch with us today to discover more about Home Staging and how it can sell your home quicker.