Looking To Sell Your Home Fast?

The stamp duty holiday will see buyers keen to move quickly, and the same should be said for vendors. If you are keen to capitalise on the influx of buyers in the marketplace, you should look to prepare your home as soon, and as best, as you can.

The stamp duty holiday will see buyers keen to move quickly, and the same should be said for vendors. If you are keen to capitalise on the influx of buyers in the marketplace, you should look to prepare your home as soon, and as best, as you can.

At Ariston Property, we are pleased to say we have helped many North London homeowners connect with buyers, and sell their home. We look forward to assisting you throughout the sales process, and if you are looking to sell your home fast due to the stamp duty changes, we can assist you.

Key points of stamp duty changes

The key points of the stamp duty holiday, implemented by the Chancellor of the Exchequer on 8th July, are:

  • Stamp duty threshold is now £500,000

  • This increase in stamp duty threshold is set to run until 31st March 2021

  • The increase in stamp duty threshold takes place immediately

Naturally, most of the focus has fallen on buyers, and how they are helped by this measure. Of course, buyers and vendors are connected, and good news for buyers can be of benefit to vendors.

Buyers and vendors will be active

An increase in willing buyers creates a platform for vendors to enter the market, increasing the supply of homes. In turn, this will hopefully encourage more buyers to enter the market, resulting in a cyclical process that boosts the market.

Mark Hayward is the Chief Executive of NAEA Propertymark and he said; “With housing market activity picking back up this summer after a two-month hiatus, it’s more important than ever to go the extra mile and take every possible measure to help your property stand out. If you are looking to sell your home this summer, turn to your local NAEA Propertymark estate agent to guide you in the right direction and help you ensure all new safety measures are complied with, to increase your chances of a speedy sale.”

NAEA Propertymark has also issued the following tips to help vendors connect with buyers when selling their home this summer and autumn:

  • Ensure your home is up to date with safety features and measures

  • Make the condition of your windows a priority when improving your home

  • Spend some time in the garden creating a favourable and welcoming style

  • Opt for a neutral décor, keeping decorations simple so as to provide prospective buyers with a blank slate

  • If you have a pet at home, make sure all nasty pet odours are removed before welcoming likely buyers

  • Make sure all DIY repair work is taken care of

Each home will have its own issue to consider, but using these tips as a starting point will help you connect with likely buyers. If you want tailored guidance on what your home needs to impress buyers, we can help.

We know these are challenging times, but if you have any questions about the local property market, please feel free to contact us. At Ariston Property, we aim to support the local community as best we can, and we look forward to assisting you in any way.