Rightmoves BUSIEST DAY EVER!

Rightmoves BUSIEST DAY EVER!

Is the property market about to explode??

Budget day was Rightmove’s busiest day ever with visits surpassing 9 million for the first time, and 6% higher than on summer statement day on 8th July last year.

The combination of the stamp duty extension and introduction of 5% mortgage scheme saw new buyers flock to contact estate agents, up 82% on the same day in 2020.

Powerful stats from Rightmove.co.uk and it raises the question… Are we about to see a boom in the property market???

I have worked in the industry for almost two decades and being a very analytical person I would like to think I have a good read on the markets. I have said for about 3 months now that last years market made a first time buyer market for 2021. This is what we are now seeing and as a result the foundations have been laid through the start of the year for a potential price boom. The 5% government unwritten mortgages and the cheap 90% loan to value mortgages on offer certainly mean first time buyers have the option to buy now and buy cheap. Cheap in terms of monthly costs, will often result in price increases.

(Last week I wrote this blog on why the price of a property doesn’t matter https://avocadoberkshire.co.uk/blog/why-the-price-of-a-house-doesnt-even-matter-for-a-buyer/29145)

So with banks offering cheap mortgage deals, stamp duty extended, 5% deposit options on offer, rental prices increasing and saving money in the bank worth nothing; is the property market about to explode?

Request a call back if you want to have a quick chinwag about the market with one of our partners. https://avocadoberkshire.co.uk/contact-us









Get in touch with us

If you walk down almost any Tadley road or street, you will see the quiet signs of life playing out behind the front doors. Families growing. Kids leaving home. Kitchens are being refitted for the second or third time. Yet somewhere in that rhythm, every homeowner starts to feel it again ... the gentle itch to move.

Want to sell your home for the best price? First impressions matter—especially online. Dull photos, weak descriptions, and outdated marketing can cost you serious money. At Avocado Property, we use high-quality visuals, video tours, and social media to make your home stand out.

The Chancellor’s Autumn Budget has finally arrived after months of rumour, leaked ideas and speculation. Many households in Crowthorne had braced themselves for a sweeping new annual tax on homes above £500,000.

Yet never did. Here is why. If you have ever thought about selling your Sandhurst home, you will know how tempting it can be to stretch the asking price. After all, it is your biggest tax-free asset, and those extra few thousand pounds can feel like a sensible cushion.