According to the Home Owners Alliance, winter is the least favourable time to sell a house, but what does this mean for buyers?
Seasonal shifts in property
With presents to buy, family visits to think about and Christmas trees to decorate, the property market tends to slow down in December. However, this isn’t necessarily bad news if you’re ready to start looking – while there may be fewer properties to choose from, there are fewer buyers to compete with, so you might be able to negotiate a better deal. Come January, the property market starts to pick up again and more houses become available, ready for the spring flurry.
Timing is everything
Winter is the perfect time of year to view if you want to get a feel for how warm and cosy your potential new home will be. However, it also starts getting dark earlier – in some parts of the UK, as early as 3pm – so it’s essential to choose the right time of day for your viewing.
If you want to get a better feel for how the property will look in the summer, try to arrange your viewing at midday and check the weather forecast ahead of time – a dark and gloomy winter’s afternoon won’t show the house at its best. Remember, you can always ask for a second viewing if you’d like to see the property in a different light.