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Britain gets moving as an unexpected mini-boom pushes prices to a record high.

Latest news from Rightmove show that the current mini-boom we are experiencing is gathering momentum as Britain gets moving again. Year on Year enquiries are up 75% since the start of July and the average asking price of property coming to market in Britain hits a record this month, 2.4% (+£7,640) higher than in March pre-lockdown.

Rightmove also confirm the number of monthly sales agreed is up 15% in England on last year, and in the five days after the stamp duty announcement it jumped to 35% up on the same days a year ago. The same stamp duty holiday may also encourage more property to market to ensure sellers have plenty of time to move before the March deadline

There is also a further boost to market activity – and especially for first-time buyers – with more low deposit mortgages available for up to 90% of the purchase price.

Contact your local Hair & Son sales office to talk about your property and mortgage requirements.