(Featured Property – West Parley, Ferndown – Price Guide £1,150,000)
Local Property Market Set For a Buoyant Winter
By Grant Brooks – MD Edwards Estate Agents
Edwards Estate Agents and Letting Agents in Ferndown, Dorset have been trusted by local people to help them buy, sell and rent their homes for more than 15 years. Over the years we have experienced just about every high and low the local Dorset property market has seen.
This knowledge and experience gives us great insight and understanding of the property market in and around Ferndown and the wider Dorset area, which we enjoy sharing with our clients in our monthly updates.
Buoyant Winter Market Predicted
With the budget uncertainties now behind us, as well as mortgage interest rates continuing to dip, the property market in and around Ferndown has experienced a notable surge in activity this month. The unexpected uptick comes as we approach the traditionally quieter pre-Christmas period.
Buyer interest has significantly risen since the budget announcement, easing the pent-up demand caused by earlier apprehension. The relatively modest impact of the budget on the housing market, coupled with the Bank of England’s recent interest rate reduction from 5% to 4.75%, appears to have reassured both buyers and sellers, encouraging them to move forward with their plans.
This is welcome news for house hunters who now feel more motivated to resume their search rather than waiting for the new year. Many market commentators are predicting the boost in buyer confidence will result in the property market remaining busier than expected for the time of year.
Dorset rental market update
Our lettings Team report a continued strong demand for rental property in November, and as with our sales team, this is despite the normally quieter time in the run-up to Christmas.
If you a considering renting your property, we have many excellent and fully qualified tenants in all price ranges ready and waiting for the right property.
We are also available to assist Landlords navigate new legislation and regulations.
Please contact our rental team today for more information.
Some of the fantastic properties listed for sale in Ferndown and across Dorset this month
House for Sale Ferndown – Offers Over £850,000
House for Sale Ringwood – Guide Price £700,000
House for Sale Wimborne – Guide Price £700,000
House for Sale Wimborne – Guide Price £550,000
To see the very latest homes to come to the market, click ‘New to market homes’, this lists all of our very latest properties for sale.
Or see more ‘Recently Sold Properties’.
Ready for a Winter move?
If you would like some help or advice, please feel free to give me a call at our Ferndown Office anytime.
You can use our Instant Online Valuation or book a Face to Face Valuation.
Until next month, happy house hunting.
Grant Brooks – Edwards Estate Agents
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