Almost a year ago we hit the headlines in the Portsmouth News with an article showing we had enjoyed our best month ever in our 138 year history.
As soon as the first lockdown came to an end in 2020, we saw a sharp rise in interest fuelled by pent-up demand and the Stamp Duty holiday.
At the time, Manager Lizzie Burt commented: “Many people were working from home and now they are looking for new homes with office space and more outdoor space too.
“When the announcement was made about the stamp duty holiday, that was when we really saw a sharp rise in interest leading to the most sales ever being agreed in the history of our firm.”
Twelve months on the records keep coming – even with the end of the Stamp Duty holiday in sight.
“It has been a phenomenal year – the best in our long history – and who would have thought it would be so good,” said Lizzie.
“We’ve just beaten our busiest month on record and we’ve seen a 50% increase in sales for June compared to last year.”
For example this week, we had a house go on the market on Monday. When we held the viewing day on Wednesday, it sold for the asking price to the first person who came through the door.
The unusual times we are living in are still affecting the market, said Lizzie but she can see it remaining buoyant for some time to come.
“The current heat in the housing market is all down to supply and demand. We understand people have felt cautious about putting their house on the market because they are worried there won’t be anything available for them to buy.
“All I can say is, we are finding buyers for every property that we put on the market.”