The most professional and quality driven estate agent we have used. Nothing was too much trouble for them. I would highly recommend them.
Mr R Burns, Nocton
"head and shoulders above everyone else"
They're so reassuring, giving us the latest information we needed at any given time. I wouldn't use anyone else again in the future, they're head and shoulders above everyone else we've used in the past.
Mrs K English, Welton
We didn't really expect to get this level of service from an estate agent. It's the first time we really came away very satisfied with the outcome.
Mr & Mrs S Almond, Sleaford
I would say they were proactive, reliable and just outstanding. We really got the impression that they genuinely wanted to help us sell our home and help us move to our dream property.
Mr M Smith, Long Bennington
"a real pleasure to deal with"
Mount & Minster were recommended to us by one of our friends who had also used them recently. Outstanding service from beginning to end. I can't recommend them highly enough, they were a real pleasure to deal with.
Miss E McKenna, Lincoln
"know their business inside-out"
They are articulate, intelligent and affable with a can-do attitude. Flexible in their approach, they know their business inside-out as well as being RICS qualified which is reassuring.
Mrs A James, Grantham
Barrel Hill Road, Sutton-On-Trent, Newark, Nottinghamshire, NG23
Guide Price £375,000
5 Top Tips to Move Home by Christmas
Believe it or not, Christmas is less than 100 days away. For those looking to be in their new home before the holiday season, the clock is ticking. As a result of restrictions relating to Covid-19, the pressure is on in these uncertain times, with no guarantee that buyers will be in their new homes by 22 December, the last day for completions.
We have compiled a list of tips for those aiming to be moved in good time:
1. Get your home ready for marketingSmarten up your home and get it ship-shape. Declutter and redecorate if necessary, making your property more appealing to a prospective buyer. Take advice from a good, local and reputable estate agent. Remember, they're there to help you throughout the process so ask as many questions as you need to, they're there to hold your hand from start to finish. Use their expertise to help you find a property you want to buy as well, they'll probably know of properties coming onto the market before 'Joe Public'.
2. SolicitorsDue to the huge increase in enquiries and the current 'mini-boom', the increase in activity and changes to usual proceedings has resulted in the time from having your sale/purchase agreed and actually getting the keys longer than usual. Never before has it been so important to have a competent solicitor to keep everything efficient and easy. Speak to your estate agent as they deal with solicitors multiple times every day. They'll be able to recommend a good one who they've had suitably positive experiences with.
3. Book a surveyor ASAPOnce you have agreed the price on a property you wish to buy, you can either have the surveyor acting for your mortgage company go and have a look at it, or upgrade to a Home Buyers Report (link here). It will give you piece of mind all help iron out any defects before you move in before Christmas.
4. Packing & removalsIf you are packing yourselves, it is best to start at least three weeks before the completion date, so start with those items you won't be using during that period. This will make the process less stressful. If you're using a removals company, try and book as early as possible to ensure the company is operating at the time you require. Many removals companies have had to change policies and processes in line with Covid-19 guidelines, so ensure you prepare in advance, again reducing stress and unknowns.
5. Don't forget little ones!Both pets and young children can find moving home difficult. Enquire if family or friends can look after children on moving day so that they do not get anxious about the moving process and leaving their old home, this way they won’t feel unsettled and can just enjoy the excitement of arriving at their new home.
For expert advice as to how to successfully sell your home within a suitable timeframe, get in touch with Mount & Minster on 01522 716204 or 01476 515329.
Why is the property market booming during a recession?
Cast your minds back to 2008. Just a few years ago, after the boom that started from 2005, the property market came to an almighty halt, prices came tumbling down and the crash had taken it's grip. Now, with COVID-19 and lockdown having taken it's toll on the UK economy, we are once again in a recession. Why, then, is the property market proving so buoyant and homes selling so quickly? Simple...
Assessing previous recessions, a common characteristic before a crash is a long boom. We hadn't experienced a long or significant uplift in the market before Corona hit, so all indications suggest we were not due a downturn.
To compliment this slow house price growth we've witnessed in recent years, we are also blessed not to have fallen into the same trap that triggered the last crash, borrowing. We currently benefit from tougher and more responsible mortgage regulations whereby negative equity is less sensitive or, indeed, likely.
The next factor that one should consider is the fact that, although we're officially in a recession (two consecutive quarters of negative GDP growth) we've only got September left of the third and current quarter. In this current quarter we've gone back to work. GDP is most likely to have increased, in which case, the recession is likely to be already over!
The basis of this 'mini-boom' is good old fashioned economics. Demand is out-stripping supply. This is changing as more and more sellers are taking notice of the boom and getting their properties on the market. It's a race against time, therefore, for sellers to take advantage as more and more options are being made available to buyers with more properties coming onto the market. Sellers are increasingly suffering from increased competition, but as long as the demand is still there they can milk the opportunities.
The last factor... Brexit. The barriers to market (psychological) have been lifted as we have more clarity as to what's happening and the government's plan of action. This increase in confidence has meant that buyers and sellers that were previously waiting in the wings are now progressing with their home-move plans.
It's busy out there in the property market, and certainly buyers and sellers are all making hay. With the increase in unemployment and furlough schemes now being eased and brought to a close, it's fair to say that the pool of purchasers will soon dwindle and supply will shortly catch-up with demand, possibly even exceed it, pushing prices down. As we go into September, the sun will still be shining, so our advice to those thinking of selling is make hay now.
Our predictions are that the market will not crash, but certainly there's opportunity out there at this present time and the early signs of things changing are starting to show. It's not too late!
If you wish to take advantage of the current 'mini-boom', please contact us on either 01522 716 204 or 01476 515329 and we'd be delighted to offer you a free consultation and valuation.
City buyers heading for villages around Grantham, Lincoln & Newark
A dramatic increase in home buyers currently living in some of the biggest UK cities, including London, are already making plans to escape to the country, with enquiries across July and August increasing massively compared to the same period last year.
The number of enquiries from London buyers looking for a village lifestyle has almost tripled compared to last year. Commuters seeking village and rural properties around Grantham have increased by 282%, and Newark, up 251%. Lincoln has seen not only a significant increase in buyers from outside the East Midlands, but Mount & Minster have registered a significant increase of residents currently residing within the Cathedral City of Lincoln itself, who are now looking to live in one of the nearby country villages.
Mount & Minster estate agents are known locally and nationally for specialising in the sale of sought-after, country homes throughout Lincolnshire, Nottinghamshire and Leicestershire.
Where are buyers escaping to?Most of the top village destinations that people in cities are moving to are still within a commutable distance to their city, but with the appeal of a quieter and safer way of life. Rural areas have proved more resilient to Covid-19 and the extra space makes the prospect of a future lockdown far more manageable.
For many, the move doesn’t appear to be driven by a desire to save money as the average asking prices are higher than where they currently reside (London of course being the exception). It may be that homeowners living in these cities have benefitted from strong house price growth over the years and are now able to trade up and out to the country.
Grantham villages proving popular include Barrowby, Harlaxton, Bottesford, Ancaster, southern Cliff Villages such as Barkston and Sudbrook, as well as eastern Vale villages such as Croxton Kerrial and Denton.
Newark villages include Coddington, Winthorpe, Long Bennington and Kelham.
Rural villages around Lincoln seeing a significant increase in demand include Nettleham, Welton, Sudbrooke, Branston, Heighington, Bassingham, Navenby and Swinderby.
What's next for the property market?August has seen a very buoyant market and we expect this to continue into September. Households with children back from school have been very busy the last few months and the return of the school timetable in September will give these buyers the chance to get the ball rolling, with more properties coming onto the market and giving purchasers more time to look for their new home.
For those wishing to make the most of the tax breaks, it's also a race against time to get your house successfully acquired by March 2021. Solicitors are taking three months plus at the moment to get the conveyancing completed. This means that offers need to be accepted and solicitors instructed by December. September is three quarters through the calendar year, so time is short!