school chat-2 check-circle people scales play attractions bath bed menu pin search size transport comment chevron-down chevron-thin-down home info-with-circle local plus minus star star-o check chat phone twitter facebook caret-down envelope laptop youtube-play support pinterest-p

First rise in property sales number across the country in over a year!

Continue

Return to blog

“Clearly uncertainty isn’t good for any business, but it is interesting to note that in line with Spring, ‘green shoots’ may be sticking their head over the parapet;  the delay in Brexit may well be having the effect of people finally concentrating on what is most important which may simply be moving on with their lives.” Polly Greenway, DOMVS Director.

  • There were 101,780 residential transactions recorded (on a seasonally adjusted basis) in February across the UK, according to the HMRC. This was the highest level since August 2017.
  • This figure is still provisional, but if confirmed will mean that the annual change in transaction levels has moved into positive territory for the first time in over a year.
  • This is perhaps surprising given the uncertainty caused by Brexit with much speculation about a market slowdown, although there will, of course, be regional variations.
  • Although buyers will understandably be cautious, pent-up demand is building and some, who may have been waiting for clarity are prepared to commit.
  • The confirmed Brexit delay until later in the year may actually provide a window of activity. Time will tell whether this translates into sales levels showing further improvement over coming months.

Thinking about putting your home on the market? Get in touch with us!

What's my property worth?

If you would like someone from DOMVS to contact you for a free market appraisal of your property, please complete the details below.


By submitting this form you are allowing us to contact you via email or telephone. We will not send you any marketing materials without your explicit consent.

Register as an Applicant

If you would like us to help you search for a Dorset property, please complete your details below:


By submitting this form you are allowing us to contact you via email or telephone. We will not send you any marketing materials without your explicit consent.