call-to-action call-to-action-mobile

ehB celebrates best autumn in three years – despite Brexit

Mon 16 Dec 2019

Leamington estate agency ehB Residential is celebrating its most prolific autumn in three years – despite uncertainty over Brexit and the country’s political future!

And with the election over – whatever one’s personal feelings about the result – it is expecting a surge in demand from sellers and buyers looking to move in the New Year.

Sales in October, November and the first half of December 2019 were more plentiful than in the same period last year, which, in turn were greater than those in the final quarter of 2017, says office manager Clive Thompson.

The figures bucked the national trend according to the RICS (Royal Institution of Chartered Surveyors) monthly national residential market survey in November. That report cited a national drop in sales of nine per cent over the previous three months.

RICS analysts are predicting a pick-up in sales and prices across the UK now the election is over.

Not only is ehB celebrating an unexpectedly successful autumn, it also agreed more sales in the whole of 2019 than any other agent in the CV31 and CV32 postcode areas according to data released by property portal Rightmove.

The latest figures also follow a record August for ehB - with sales more than double those in the same month in 2018.

“The stock profile in each of the past three autumns has been broadly similar, so we can’t put this year’s perhaps surprising sales success down to a demand for different styles of properties,” explained Clive.

“It would seem that the market in Leamington and the surrounding villages has been more resilient to the Brexit effect than one would have thought. It’s particularly surprising that we sold so many properties, as this autumn the country suffered a ‘double Brexit’ period. We had the October deadline and then the recent election, which was effectively another in/out referendum.

“Of course, we’ve also worked really hard as a team to ‘get the job done’ to paraphrase something we have perhaps heard enough of by now!

“We’re now bracing ourselves for an onslaught of people who have been hanging on for certainty about the direction in which the country is heading – one way or the other – to put their homes on the market, as well as for those looking to buy.

“The Christmas and New Year period is a traditionally popular time for people to browse Rightmove, so now is the time to contact us to take steps to get your house ready for sale in January.”

The stock markets and the pound rose sharply the day after the election - with property developers such as Barratt and Persimmon seeing share prices soar by 12 per cent and 14 per cent.

RICS is predicting more stability over the first quarter of 2020 and a pick-up in sales and prices throughout the coming year.

"Hi Chris Jonathan and I just wanted to say thank you for all your hard work in the sale of 21 Hyde Place. Everything went so smoothly from start to finish and we were very impressed with EHB throughout. We felt that your marketing, approach to the sale, communication and correspondence was brilliant - its a shame you don't have an office in the North East so we can use you again! Many thanks to you and all the team. All the best for the future Kind Regards Sarah and Jonathan "
Sarah and Jonathan

News Archive

July 2021

End of stamp duty does nothing to dampen the appetite to move home

June 2021

Families looking for ‘the right home’ not deterred by end of stamp duty holiday

May 2021

Leamington estate agency calls for more properties amid 7.1% house price rise

April 2021

Demand outstrips supply as March date sees highest property sales in a decade

February 2021

Demand for family homes is driving price rise, as ONS announces 8.5% annual increase

ehB Residential co-founds new local portal for property searchers

No slowdown in demand for million-pound properties

Show apartments at Victoria Point offer ‘a room with a view’ over Victoria Park

January 2021

Early signs for 2021 property market look promising

Brexit deal, vaccine and lockdown are fuelling house moves

December 2020

Why not move to Leamington Spa? It’s officially the UK’s third happiest town

November 2020

Covid mega lab announcement puts Leamington on the house hunting map for biomedical and data scientists

Demand for family homes continues as Leamington named third happiest town in UK

Developer creates large luxury homes for people who don’t like gardening

Explosion in demand for family homes sees sales double at ehB Residential

October 2020

ehB Residential welcomes government pledge to help first time buyers

ehB celebrates a record breaking summer with our lettings department

September 2020

Million-pound townhouses offer Scandi-style living in Regency theme park

Leamington developer makes showhome video to help overseas or quarantined buyers

Open day offers chance to view contemporary townhouses in Regency setting

Desire for new lifestyle post Covid is driving price rises in Leamington

July 2020

Covid crisis sees airbnb landlords switch to longer term rentals, says estate agency ehB

ehB Residential welcomes stamp duty holiday

February 2020

ehB helps Milverton youngsters raise cash for playground equipment

ehB wins gold award for being best lettings agent in Leamington

We would like to take this opportunity to reassure all of our clients
- sellers, landlords, buyers and tenants that we are taking all reasonable
steps to protect the health of our clients and our team during the Covid -19
Outbreak. We are following the government and industry guidelines to estate
agents and lettings agents, and are conducting viewings and valuations in
person wearing suitable protection to include facemasks and gloves. We are
also available to offer virtual viewings and valuations should you require that
service. We would be happy to discuss these measures with you further should
you require any further information.
 
Leamington Office 01926 881144 or info@ehbresidential.com
Warwick Office 01926 499540 or warwick@ehbresidential.com
Covid-19 Information Hide