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When you have had your property on the market for a while, many sellers eventually face the same difficult decision: whether their asking price needs adjusting to reignite buyer interest.
Have you ever moved house with boxes of things you meant to sort through beforehand? Are they still in the loft now? Having a good clear-out is always worthwhile, especially if you’re moving house and definitely if you’re downsizing.
In early 2023, property forecasters predicted a significant UK housing downturn over the next two years, citing rising interest rates following Liz Truss's departure. Halifax expected an 8% drop, Savills predicted a 10% drop, and Nomura Bank forecast up to a 15% drop.
If you’re feeling stuck between wanting to move and not knowing how to emotionally handle it, here’s what I’d say...