In the property market, 2021 will be a far cry from 2020. 2021 will be a time of renewal and fresh opportunities.
2020 started with a bang. Brexit had passed an enormous hurdle and the property market responded quickly - but by the end of March, nothing. We were in the first ever lockdown. The market ground to a socially distanced trickle and, frankly, many in the property industry wondered if they would survive. But by May we had no time to worry about all that because we had the surprise of our lives. Home movers decided this was the moment, lowest ever interest rates, a Stamp Duty break, space to work from home, outside space, a community outside the City. Home movers looked, and looked for locations like ours.
Suddenly we had never been busier, and there didn’t seem to be enough hours in the day. It has been an astonishing summer and autumn. Now things have settled down a bit. But there is still a tremendous job to do getting pipeline sales over the line before the stamp duty holiday comes to its announced end on 31st March.
But buying a property is not about a tax advantage. It is about new beginnings, about building a home for one’s self or family and it is about investing in the future.
With our outstanding National Health Service personnel and medical scientists putting us well on the road to Covid recovery, we can look forward to a bright and optimistic New Year. Even the Brexit trade talks have come to a resolution. We believe that the property market in our region will remain active through next year. Buyers will carry on being attracted by our fantastic way of life and convenient location.
So we are looking ahead to an exciting 2021 and wish everyone, especially all our customers– old, new and future - a very happy, prosperous and extremely healthy New Year.