⭐️ Your North Yorkshire Property Market Update for August 2021. Find out what is happening ⭐️
In such unusual times we are want to know what’s happening in our local property market. Regularly making headline news and with the government changing stamp duty bills on a regular basis it’s hard to get lost with what’s going on. Is it a good time to sell? Is the market still busy? How long will it last? Watch our video to find out! 👍 👇
🏡 Hello and thank you for reading... 🏡
👉 We are in August 2021 and this is my experience of our North Yorkshire property markets from the viewpoint of my local estate agency.
👉 Stamp duty has returned and there has been a dip in demand by 9% in properties over £250,000.
👉 For all buyers with the purchase price of under £250,000 the stamp duty holiday will continue until the 30th of September 2021
👉 First-time buyers will continue to benefit from paying zero stamp duty for purchases up to £300,000 for the foreseeable future
👉 Buyer demand for family homes is 80% higher than usual and stock of homes for sale is 24.5% lower than usual which is keeping properties prices high
👉 Annual house prices are currently rising at a rate of 5.8% with Yorkshire faring well above at 6.8% showing lifestyle homes in areas with access to open countryside are still very high on the list of buyer wants
If you are thinking of selling or you would like to talk to me about the property market please call Laura on 07825 339684 ☎️