So, what’s behind this uptick in new housing stock? According to Home Sale Pack’s analysis, Sellers hope to get ahead of a post-election market surge, avoid delays, and capitalise on election-driven market changes.
Ruth Beeton, Co-Founder of Home Sale Pack, commented: “Summer is traditionally a busy time of year for the UK property market and with a recent return to form following a period of muted activity, it looks to be a summer of greater stability for homebuyers and sellers. While the general election isn’t expected to impact overall market health, there will be a segment of buyers sitting tight in anticipation of some form of election cost-saving initiative – with stamp duty looking the most likely.
“With this in mind, it certainly seems as though a number of sellers are getting their house in order ahead of polling day to take advantage of any post-election surge in market activity, with the number of new homes reaching the market in the last 14 days sitting considerably higher than the start of the year.”
To learn more about the property market, take a look at our guides, which explore topics such as the best way to invest £100k in property.
