Smith Partnership Solicitors on track for busiest month for property sales
Latest data from Rightmove has revealed the number of buyers enquiring to estate agents about properties for sale over the last two weeks was 6% higher than the same period in 2019 before the pandemic.
Julie Tomasik, head of conveyancing at Smith Partnership, said that trend was certainly being replicated at Smith Partnership Solicitors, which has offices in Derby, Leicester, Burton, Swadlincote and Stoke.
“Amidst all the doom and gloom forecast for the property market, it has been great to pick up on some positive survey results which are having an impact here at Smith Partnership.
“We are on target for June to see our busiest month for new instructions so far this year.
“This is backed up by the RICS’ latest Residential Market Survey which recounts new buyer demand in May was the most upbeat in a year and new data from Rightmove which has revealed the number of buyers enquiring to estate agents about properties for sale over the last two weeks was 6% higher than the same period in 2019 before the pandemic.”
The interest in buying properties comes despite national news stories that the average two-year fixed-rate mortgage is reaching 6%. But Julie said there are many reasons which could be contributing to buyers not being put off.