FOLLOWING THE OUTCOME OF THE EU REFERENDUM, THE RESIDENTIAL PROPERTY MARKET IN LINCOLNSHIRE HAS COMPLETELY CHANGED DIRECTION IN A MATTER OF HOURS.
Over the last two months, the uncertainty of the outcome had previously resulted in a dramatic fall in properties coming onto the market and offers being made due to prospective buyers and sellers waiting to see what the outcome would be.
That uncertainty has now been extinguished and the public, no matter which way they voted, have now come to realise that we will remain in the EU for another two years or so. This means that very little will change for quite some time to come. The ‘bottleneck’ of stifled enquiries from both buyers and sellers has suddenly alleviated and Mount & Minster estate agents have reported a huge influx in a matter of hours with enquiries from homeowners requesting a valuation of their property.
Ralph Wyrley-Birch BSc (Hons) MRICS MNAEA, Managing Partner at Mount & Minster, says: “This is extremely encouraging and great news for those seeking to sell their home in our region. It is only natural that people should remain cautious in the lead up to the vote. Selling one’s property is an extremely important process and can make a huge difference financially in its timing. Now that we know the result and the fact that it will take a long time for anything to happen, vendors are now making the first steps to getting highly qualified, professional advice as to the best means of marketing their property and realising the optimum value.
“What we have witnessed today is a dramatic increase of clients wanting to make up for lost time and sell their property quickly and for the best price possible. The sudden surge in enquiries is promising and can only lead to an improvement in the market throughout Lincolnshire.”
SHOULD YOU WISH TO DISCUSS THE SUCCESSFUL MARKETING OF YOUR PROPERTY THEN PLEASE CONTACT MOUNT & MINSTER ON 01522 716204 OR VISIT WWW.MOUNTANDMINSTER.CO.UK