Reasons To Sell Today
Headlines about London’s market have been mixed this year, some measures show prices down annually, others have pointed to a recent uptick, but underneath the noise, there are practical reasons why waiting isn’t always the safer choice.
Serious Buyers Are Still Active
Buyers who are looking right now tend to be genuinely motivated, whether that’s a growing family, a job relocation, or a chain that’s already moving. A well presented, correctly priced property in West or SW London still attracts real interest, even in a quieter overall market.
Houses Are Holding Value Better Than Flats
If you own a house rather than a flat, you’re in a genuinely stronger position right now, houses have broadly held or even gained value over the past year, while flats, particularly in central London, have lagged behind. That gap is worth factoring into any decision about timing.
Rates May Not Keep Falling
The Bank of England had brought its base rate down to 3.75% by the end of last year, but mortgage rates have actually ticked back up in recent months. Waiting for financing conditions to improve isn’t a guaranteed strategy, and buyers currently in the market are working with the rates available today, not a hoped-for future rate.
Life Circumstances Don’t Wait for the Market
A growing family, a job change, a downsize, these decisions are rarely improved by waiting for a theoretically better market moment that may or may not arrive. The right time to sell is usually when it’s right for your circumstances, not when a headline says so.
If you’re weighing up whether now’s the right moment for you, I’m happy to give you an honest, no-obligation read on your specific property and situation.