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Britain's Booming Property Market sees 13 Buyers for Every Home on Sale

Posted by Housebuilder Pro on 10th May 2021 -

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A report by DailyMail, published on 8th May 2021

  • Agreed sales last month were up 57 per cent compared with April 2019
  • Many estate agents now immediately ask prospective buyers for their 'best and final offer' to ward off gazumping
  • Experts said the industry was working around the clock, and buyers were resorting to extreme measures to secure a home
  • Surge in demand has largely been driven by ultra-low interest rates and the stamp duty holiday on homes under £500,000 
  • An average of 13 buyers for every home that gets listed

 

 


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