We have been saying for months that now is a great time to sell fuelled by a combination of stock shortage and an increase in active buyers.

Now the research teams at 3 of the leading National UK housing market forecasters, Rightmove, Knight Frank and Savills,  have all concluded exactly what we told you about 3 months ago !

 Why did we at Thornley Groves think it was a great time to sell 3 months ago and why do we think it is still a great time to sell?

 Buyers are starved of fresh stock because owners have been put off from marketing their home for various reasons – fear of not being able to obtain a mortgage, fear that their home may not achieve the kind of price they expect, or even need to cover the mortgage, fear that they may lose their job along with all the other economic concerns, not wanting to increase overheads even if they did want to move upmarket. For those trading down, often nearing retirement age, they have been putting off taking their home to the market as the proceeds of sale have been earmarked to fund retirement and why sell when the market is down; why not put off the sale for another year and hope they will achieve more. Even the casual sellers have been put off from placing their homes on the market speculatively because of the cost of a Home Information pack (HIP).

So where are the buyers coming from? First time buyers have been much more active, many being helped out with deposits by parents taking advantage of lower asking prices and there has also been a shift in the mindset of affluent tenants being tempted out of rented properties for the same reason.

Why should you act now and place your home on the market in the autumn or winter? This supply and demand imbalance won’t last forever and we think the ratio will move back into equilibrium by the spring, when traditionally more homes come to the market. In short we think it will be easier to find a buyer for your home today.

If you’re thinking of selling and you’d like a FREE valuation on your home without obligation, click http://www.thornleygroves.co.uk/valuation-request/  You may be surprised at the price we can secure for you and the speed we can find you a buyer. If you wait for the spring like everyone else, there will be more competition and this may even cause downward pressure on prices.

Thornley Groves have let an incredible 450 properties during August and September alone and desperately need more quality homes to rent now !

A campaign to secure new rental stock has been launched on Key 103 Radio station and in the local press including The Sale and Altrincham Messenger and The Stretford and Urmston Messenger.

The campaign is designed to attract landlords by our commitment to obtain the highest possible rent in the market place but within a very short time frame in order to minimise the void periods that can so easily leave a landlord considerably out of pocket.

Our ability to quickly analyse the supply and demand ratios for each individual property has enabled us to secure dramatically increased rents for many properties. Rather than just renewing with the existing tenant for an easy life, we are encouraging landlords to remarket their property 2 months before the end of the existing tenancy at its new current market value in order to maximise the return.

Our proven track record in being able to harness the interest of fully referenced, reliable tenants using the latest criteria matching software and then complete the letting fast, without compromising the quality of the referencing or inventory process, has seen our client list of landlords, who allow us not only to let but also manage their properties, break through the 1,500 mark during the last 12 months.

You’ve invested in property – trust Thornley Groves Estate Agents to deliver your return.

If you have a property that is coming up for renewal soon, or one that is currently available to rent, talk to Thornley Groves.  You can list the property with more than one agent at no extra charge and pay only the agent that lets the property for you.

Increase your chances, contact us now for a FREE no obligation consultation by clicking below http://www.thornleygroves.co.uk/valuation-request/

High Value Homes are Moving Again !

After a slow 18 months the middle and top end of the housing market is moving again, we saw signs of the market recovering in terms of volumes of sales being agreed as long ago as March this year, but the activity seemed to be limited to first and second time buyer homes. However after 6 consecutive months of increased sales the activity has slowly but steadily shifted up the value range, so much so that many properties  in the £800k to £1.5m bracket have started to move again. If there is a common theme its that the asking prices now reflect the vendors expectations and these have come down by as much as 20% to 25% since the peak of August 2007.

Only last week contracts were exchanged on the delightful family home (pictured above) in Bowdon, it started out over a year ago at £1,600,000 but as the owner became more serious about moving realising that the price is relative to whatever can be bought with the proceeds of sale, the asking price was reduced to £1,400,000 and very quickly after a sale was agreed the buyer can be sure that he has bought at a competitive price and the seller has been able to pass on the perceived loss by buying an equally well priced home that being sold at a reduced price to its peak August 2007 value.

After all it’s the cost of change that matters and as the prices have stabilised for more than 6 months now buyers are more willing to proceed. The problem is stock levels, many home owners still believe the market is bad and their chances of agreeing a sale a slim and so they are not listing their property and seem to be putting off their move until next year, it is this very attitude of mind that is creating a shortage of quality homes to the market place and has contributed to stabilising prices because of a shortage of supply.

 If you’re currently trying to sell your home and would like a second opinion on current market value we’d be delighted to advise you, without charge or obligation, call 07802 941 411 or click here http://www.thornleygroves.co.uk/valuation-request/  To avoid paying two fees you should check your current agents contract terms before instructing an additional or replacement agent.

Meanwhile if you’re one of the many still putting off your house move because you think the timing is wrong, think again, marketing now when there are fewer homes for sale could enable you to achieve a higher price than you imagined and in a shorter time frame, for a no obligation opinion on the current market value of your home and to discuss possible marketing strategy as well as setting out your purchasing criteria again call 07802 941 411 anytime or click here http://www.thornleygroves.co.uk/valuation-request/

Be the Envy of your friends and own this Stunning Penthouse in the NV buildings !

Duplex Penthouse in the award winning NV Buildings in the Heart of Salford Quays adjacent to the BBC’s new home in the Quays at Media City just outside Manchester City Centre

Completed in 2004 and 2005 by Countryside Properties this is one of the most striking and appealing residential homes currently available in or adjacent to Manchester City Centre and NEEDS to be viewed to be fully appreciated.

For more information click here http://www.homesonview.co.uk/Scripts/FullDetails.aspx?CID=THORMANC&AID=THGRFORD&PID=TFP04606

For an appointment to view email andrew.seldon@thornleygroves.co.uk

NV Buildings are a trio of apartment blocks of unique design with a facade that curves gently upwards and back. The three towers overlook the former dock in Salford Quays next to the Detroit Bridge. 

Designed by Broadway Maylan the development consists of three 18-storey residential towers, each 180 feet (55 m) in height. Costing £36m, they stand in a line overlooking Huron Basin from the waterside of Pier 9 (North Wharf), their curved frontages designed to represent sails. At night, each of the buildings is illuminated by four green lights atop curved poles, plus a single green flood light to either side. The ‘Type 3′ apartment in the NV Buildings won gold for ‘Best Apartment’ in 2004 ‘What House?’ awards