https://www.thelandsite.co.uk/articles/britain-s-booming-property-market-sees-13-buyers-for-every-home-on-sale
10-05-2021
https://www.thelandsite.co.uk/files/articles/5e1f2ea2617711ebb6570afeec538f48/1757-609923344ce4a007132861.png
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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 -
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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