There is a lot of movement in the London, and Hackney, housing markets. While there is a lot of focus on people leaving the capital, there are also many people moving in London, and of course, London will always appeal to many people.
With the end of lockdown in sight, and summer fast approaching, there is a sense of optimism surrounding the housing market right now. The extension of the stamp duty holiday, including the tapering off period until September will encourage people to engage the market.
Also, the small deposit mortgage guarantee scheme should assist first-time buyers, and existing homeowners.
If you are looking to sell your home, you should get help from a local expert. At Sovereign House, we are pleased to say we have assisted many buyers and vendors, and brought them together in their next move.
We know the local market, we know what buyers want, and we stay in touch with the latest studies. If you plan on selling your home, you need to connect with buyers, and we will make sure you achieve this.
The findings from the latest GetAgent study were as follows:
• 38% of homeowners said owning property was their main aspiration
• 45% of respondents said that there was more to property ownership than having a roof over their heads, and it’s important that their home fits with their lifestyle
• A further 17% of respondents said it was very important that their home fits with their life
The survey also asked people to rank what was important to them in their home, with the following results:
• 24% of respondents said safety was a priority
• 20% said size was a priority
• Energy-efficiency was stated by 19% of respondents
• 8% said having a garage
• 6% said having a garden mattered
• A home bar mattered to 4% of respondents
• 3% of respondents stated an integrated media system mattered
Colby Short, Founder and CEO of GetAgent.co.uk, commented: “There’s no doubting we’re a house-proud nation but the definition of being house proud has certainly evolved over the years. Gone are the days of presenting a pristine show home to impress friends and family and today, we love to put our own unique stamp on our properties in all manner of ways.”
Colby concluded by saying; “For some, it’s energy-efficient improvements such as solar panels, for others a space to get their hands dirty working on their latest project is important. Others prefer to entertain, while the latest technology integration or entertainment system makes some of us tick. Whatever it is, we love to spend time at home doing the things we love and so it’s no surprise that they’ve become more of an extension of who we are rather than simply a roof over our heads.”
These are challenging times in the property market, but there is activity and demand for homes. At Sovereign House, we are keen to help you with whatever you need in the Hackney housing market. Why not call us on 020 8985 5800 or visit us at 213 Victoria Park Road, we look forward to assisting you with your property needs