The final months of 2020 will be an interesting time for the property market. There's still a lot up in the air. All we can accurately predict is more uncertainty.
Selling your house in 2020?
Looking back to this time last year, the big question was Brexit - would we be leaving with "no deal" and how severely would that affect the economy? Apart from that, most of us were out and about freely enjoying the last days of summer!
One big-coronavirus-bump in the road later, with everyone now being encouraged to get back to work and school, we hope things can get back to a more normal way of life. And despite being firmly in the early part of a recession, there's still a strong sense of optimism in the property market. The "mini boom" is in full flow for most parts of the country.
Even if furlough schemes are extended to hold off an increase in unemployment, and if mortgage borrowers are given some grace if they miss repayments, are we just delaying the inevitable?
If you're planning to sell your own home, a buy-to-let investment, or an inherited property in late 2020 / early 2021, should you put your plans on hold, or would it be wiser to sell now?
If you're ready to sell now, we think the final few months of 2020 will be a good time to do so. Prices are still holding up at reasonable levels in most parts of the UK.
Next steps
Thinking of selling your house at auction? Any type of property can be sold at auction, whether in good or poor condition. Call 0800 862 0206 for your free auction sale price estimate, or click the button below for a quick quote.
