Mon 03 Feb 2020
Paul Bennett, Director
Behr& Butchoff is giving would-be sellers an extra incentive to try the London sales market in the shape of a charity cash-back scheme. We will donate 2.5% of our net fee (upon our receipt) to your chosen charity, which means you could provide a substantial financial boost to a good cause just by choosing Behr & Butchoff as your sales agent.
Why sell now?
If this alone wasn’t a good enough reason to tempt you back into the London moving marketing, everything is pointing to a very positive year ahead. You may have read about the ‘Boris Bounce’ and it’s air an of confidence we are certainly feeling here in the Behr & Butchoff office. Our local property market has got off to a noticeably busier start this year and the number of enquiries we received in January 2020 already overshadows those received in the latter part of 2019.
And it’s not just us reporting excellent market conditions. Agents across the board are reporting real uplift in the capital’s residential property market – bring the buoyancy needed to create fluid buying and selling conditions.
This renewed confidence is backed by figures from the two leading online property portals. A recent survey commissioned by Zoopla revealed there has been an upswing in market sentiment, with confidence levels amongst estate agents up 55%. Those surveyed felt either ‘very confident’ or ‘somewhat confident’ in the strength of the market during 2020, following a three-year decline in agents’ confidence levels.
Elsewhere, recent market analysis from Rightmove revealed a 2.3% (£6,785) surge in the price of property coming to the market - the largest rise it claims to have ever recorded at this time of year. Nearly 65,000 properties were marketed between the 8th December 2019 and the 11th January 2020, and most came onto the market after the 12th December election result. Interestingly, as this is the largest monthly rise recorded at this time of the year, it highlights the optimism that comes with a sense of political calm.
An uptick in the upper end of the market
It has also been noted that London’s property recovery has been particularly strong at the higher end of the market, where buyers and sellers have been in ‘property hibernation’ for more than half a decade. Our team echo this – with emails pinging and phones ringing as people rediscover their appetite for property buying.
As a result, we expect a return of home-grown buyers to the capital’s market – fresh purchasers who will add to the high numbers of internationals who are seeking to leverage fluctuating sterling values.
Why Behr & Butchoff?
Having been in business in the local area for the past 36 years - overseeing a variety of property transactions at all price points - we are extremely experienced in selling and letting in and around St. John’s Wood. All members of our team are highly experienced, and enjoy preferential contacts and personal relationships with the area’s key movers and shakers.
Paul Bennett, the owner of Behr and Butchoff, comments: “A feeling of stability is allowing consumer confidence to flood the property market and with murmurings of a further interest rate cut, lending is still at a most affordable level and looks to stay that way. Our charity initiative is there to add another layer of positivity, and we also wanted to give something back to our local community and beyond. This is an opportunity for our clients to choose a charity close to their hearts, creating the feel-good factor for everyone involved.”
For more information on selling, purchasing or letting a property with Behr & Butchoff, please contact us today.