Has there ever been a better time for Didsbury home sellers?
The Didsbury property market, for people looking to sell, is at its sturdiest for at least the last five years with home buyers jumping on to the Didsbury property ladder with abandon.
Didsbury house prices are anticipated to rise throughout 2021 after the stamp duty cut (and subsequent extension until the autumn) and the newly revealed 95% mortgages for Didsbury first-time buyers (and Didsbury homeowners with minimal equity).
In addition, the continued low interest rates and the demand for larger homes because of lockdown means the Didsbury property market should remain bullish for a while. There is a surge in potential buyers putting themselves on mailing lists with Didsbury estate agents making the biggest disparity between supply and demand for Didsbury property for many years.
Fears of a cliff edge for the Didsbury housing market at the end of March have dispersed, somewhat due to the stamp duty tax deadline extension, but also because the elevated level of buyer demand caused by the three lockdowns has continued to swell since the start of 2021 meaning that today …
61% of Didsbury properties on the market are Sold (STC)
Interesting, when utilising data from theadvisory.co.uk website, the Didsbury average for the last five years has only been 52%, meaning there has been an uplift of 18.3% in the proportion of Didsbury properties sold (stc) compared to that five-year average.