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Take Advantage of UK Property’s Bull Market | Property Auction House

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Bull Market UK property asking prices near all-time high after Brexit

Demand is outstripping supply

Bull Market | There has been a rise in demand of UK properties shortly after Brexit. The boost in demand has consequently caused UK property owners to increase their asking prices by an average of £2,589 over the last four weeks – just £40 shy of the record set in June 2018. This equates to a 0.8% increase on a monthly basis. Despite a surge in the number new sellers advertising their properties in the same period, the supply has been struggling to keep up with the demand.

Rightmove predicts rising prices

“It’s the first time for over a year that we have seen any sign of a return of seller confidence, albeit lagging behind the surge in numbers of early-bird buyers,” Miles Shipside, Rightmove director, said. The Rightmove director further said that he was expecting supply to fall behind demand, which will prompt prices to be pushed to new records in the following month.

Boris Bounce

The newly found confidence in the property market, described by many as the “Boris Bounce”, has seen an increase in agreed sales by 12% compared to the same month last year. The surge in demand may have also been contributed by the mortgage market. HSBC has been aggressively increasing their mortgage market share by reducing their fixed rates.

Take advantage of the property market today

Given the statistics and facts supplied by Rightmove and mortgage lenders, it is for your own benefit to sell your property immediately before there is a change in the market conditions. The best and quickest way to sell your property with assurance and in a timely manner is by selling through Auction Agent, your local property auction house. Auction Agent has vast, local area knowledge when it comes to properties based in Burnley, Blackburn, Accrington, Rossendale, Nelson, Bacup, Rawtenstall, Blackpool, Clitheroe, Preston, Bury, Bolton and Lancashire. With our traditional auction method, Auction Agent can ensure that lots sold on our property auction platform will complete anywhere from as little as one day to an absolute maximum of 28 days. Auction Agent has a combined experience of over 50 years within the UK property market – we can most certainly answer any property questions you have, whether you are looking to sell a house, buy a property or just curious about property auctions in general. Auction Agent property auction house utilises all the leading online property portals including Rightmove, Zoopla, and PrimeLocation, as well as social media platforms like Facebook, Twitter, and LinkedIn, in order to maximise the exposure of your property to potential bidders. Furthermore, with our extensive database of cash-ready property investors, you can rest assured that your property will get all the attention it deserves from high-conversion buyer leads.

Let Auction Agent deal with your property today with our incredibly easy and convenient property auction selling process and buying processcontact us for free property valuation and consultation.

Do you have a property near Turbary Woods Owl and Bird of Prey Sanctuary, Avenham and Miller Parks, Preston Guild Wheel, Brockholes Nature Reserve, Harris Museum and Art Gallery, Barton Brook Dairy, Cuerden Valley Park, Bowland Wild Boar Park, British Commercial Vehicle Museum, Beacon Fell Country Park, Preston Railway Station, Lancashire Infantry Museum, Ribchester Roman Museum, Preston Docks, St. Walburge’s Church, Deepdale Stadium, Claylands Park, Preston Guild Hall & Charter Theatre, The River Ribble, West Lancashire Railway, Preston Bus Station, Haslam Park, Fishergate Shopping Centre, Covered Market, Winckley Square Park, Beer Brothers Brewery, Miller Arcade, Giddy Kids, Stydd Gardens, Rufford Old Hall, The Walled Garden, The Barn, Leyland Market, Longton Brickcroft Nature Reserve, Withy Grove Park, Smithy Farm, Brindle Distillery, Hurst Grange Park, Moor Park, Preston Cenotaph, The Preston Martyrs Memoria, Lower Kem Mill, St. John’s Minster, Preston Minster, Preston Playhouse Theatre, Fishergate Bollard, Church Cottage Museum, St. Paul’s Warton, The Old Corn Mill Antiques Centre, St. George’s Shopping Centre, Preston City Trampoline Club, Ladyewell, St. John’s Shopping Centre, St. Mary’s Fernyhalgh, Barton Grange Garden Centre, The Flower Bowl Entertainment Centre, Monkey Magic, Brig N Barrel, Sweets & Treats, Cann Bridge Ale House, The Black Bull Inn, Northcote Cookery School, The Grapes, Stanley House Spa, The Bee Centre, Shores Hey Farm, Towneley Hall, The Singing Ringing Tree, Gawthorpe Hall, Turf Moor, St. Peter’s Church, Pendle Hill, Pendle Heritage Centre, Animal Quackers, Whalley Abbey, Liv Spa, Burnley Mechanics, Angel Inn, Reel Cinema, Rosehill House Hotel, Sparth House Hotel, Mercure Blackburn Dunkenhalgh Hotel & Spa, Astley Bank Hotel, Northcote Hotel, Woodland Spa, Helmshore Mills Textile Museum, Whitaker Museum, Grundy Art Gallery, The New Philly Family Bar, Escape Room Centre, Marton Mere Local Nature Reserve, Opera House & Winter Gardens, Dino Mini Golf, Ascent Trampoline Park, Blackpool Zoo, Fleetwood Market, Sandcastle Waterpark, Blackpool Pleasure Beach, Coral Island, Madame Tussauds Blackpool, Blackpool Tower, or Pine Lake Resort?

For a free property valuation to kick start your property auction listing in Bolton, Bury, Burnley, Blackburn, Accrington, Rossendale, Nelson, Bacup, Rawtenstall, Blackpool, Clitheroe, Preston, Lancashire or any other area in the BL0, BL1, BL2, BL3, BL4, BL5, BL6, BL7, BL8, BL9, BB1, BB2, BB3, BB4, BB5, BB6, BB7, BB8, BB9, BB10, BB11, BB12, BB18, BB94, PR0, PR1, PR2, PR3, PR4, PR5, PR6, PR7, PR8, PR9, PR11, PR25 or PR26 postcodes, contact Auction Agent today on 01706 940499, info@auctionagent.co.uk or visit www.auctionagent.co.uk.

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