Worst performing property market region
According to data collected by Nationwide, the worst performing region for property sales is the North of England.
The finger of blame is being pointed squarely towards new build homes which whilst initially slow to get started in the North of the country as many housing developers chose to build in the South of the country where more money can be made but now the newly built houses in the North are finally being finished and sold, the existing properties on the market are becoming harder to sell.
And who can really blame buyers wanting newly built homes? They are often more desirable thanks to them being brand-new with modern fittings and fixtures and very good energy efficiency ratings compared with buying a property that has already been lived in for many years which could have poor energy efficiency, needs decorating or renovating and could be subject to chain issues further down the line once a sale has been agreed.
The supply of brand new housing in the North is more than meeting the demand leaving a lot of existing properties on the market which can not only be frustrating but is also a very worrying time for sellers due to the ever-looming Brexit and the fact that sales in the property market have been slowing month by month in 2018.
However, there is hope left for you if you are trying but struggling to sell your property on the open market. It doesn’t matter what your situation is, OK Property will buy your house in any condition or location and will also pay your legal fees and save you money by removing the need for an estate agent meaning you do not need to pay them commission.
Perhaps you have experienced being stuck in a chain and have had many sleepless nights worrying about whether your chain will break and you will be back to square one, looking for a buyer again. Maybe your chain has recently broken or about to break? If this is the case, OK Property will buy your house from you in what can be as little as 2-3 weeks which will then put you in a strong position if you are looking for another property to purchase because you will be the last in the chain.
Perhaps you are downsizing or upsizing and have a new property in mind which you would like to purchase before anyone else gets the chance to make an offer because it is the absolute ideal property for you. Well, a lot of sellers will prioritise an offer from a buyer with no chain so by selling your home to OK Property you have an advantage over other buyers who might still have their properties on the market or could be stuck in a chain. Even if you haven’t found your forever property yet but want to sell, selling to OK Property will make you a cash buyer which will allow you more bargaining power when you come to purchase as all sellers love a cash buyer.
Here at OK Property, we offer honest, reliable advice with professionalism, integrity and more importantly the opportunity for you to sell your home within the shortest possible timeframe. Not only are we a property buying company but we also have hundreds of property investors who are either pre-approved for mortgages or cash buyers waiting to purchase in your area now so please call us or fill out our simple online form HERE.