Having lived in the countryside for much of our lives, it seems that there has never been such an urge to tread the wild green open spaces of rural Britain. There is a real “Rural Renaissance” going on and we are as busy as I can remember taking calls from buyers and tenants searching for their dream home.
The market is currently in very short supply of quality property and history tells us that when this is coupled with significant increased demand, as is the case at the moment, there is likely to be upward pressure on prices – great news for sellers !
Not all new buyers registering with us are from big cities, there is an awful lot of moving going on generally throughout the UK with many families picking this as their moment to upsize or downsize or simply change the balance of their lifestyle. It is very likely that for many, working from home in some capacity is here to stay. In addition there are always job moves happening and ex-pats returning from abroad which adds some healthy competition too.
Here on the Wiltshire/Dorset border, we have perhaps previously taken where we live for granted but not anymore. The area offers a fantastic lifestyle with plenty going on for all ages whilst still being within easy reach of London for those needing to travel there whether on a daily, weekly or monthly basis.
The last few weeks have seen a healthy level of exchanges which gives us good confidence going forward. Yes, the market has been buoyed up by the stamp duty holiday but if this expires at the end of March as scheduled, we do not believe demand will dry up.
Do get in touch if you would like an informal conversation about public or private marketing – we would be delighted to hear from you.
CS February 2021