Blog

Coronavirus increases demand for expensive real estate

Traditionally, sales of more expensive homes have always been slower than sales of other properties. However, this year, according to the UK’s largest real estate website Rightmove, homes worth £ 1 million or more are selling at the fastest pace since 2014 and are the leaders in the real estate market. The number of sales of such houses has more than doubled, and in general, the number of agreed transactions in the real estate market has grown by 61% compared to

Selling a residential property – the Timeline

If you’re selling a residential property, these are the steps you’ll need to take. The timeline below assumes there is not a chain on the property. Putting your property on the market – Week 0 The first step to selling your property is putting it on the market. Normally, this is done via an estate agent who will advertise your property, arrange viewings and put up a ‘For Sale’ sign outside your house. During this stage, people will come to your property for

Buying a residential property – whether you’re a first-time buyer or not, here is the Timeline for your purchase

Finding a property – Week 0 When you’re purchasing property, you’ll likely want to view multiple properties to make sure you find the perfect house or flat. If you do, take a look at our property search guide. In the UK, this process generally takes 8-12 weeks, at the end of which you’ll make an offer on a property. Making an offer – Week 8-12 Once you’ve made an offer on a property and it has been accepted, it’s time to sort out the