As the year comes to an end of the year, many individuals are contemplating making life changes. For some, this could be losing those extra pounds we all put on over Christmas, others in ay be taking up a new hobby or for some buying a new home.
While the process of purchasing a new home may be daunting especially to first time buyers, there are many reasons why kick starting your new year’s resolutions now could help your year start with a bang!
Price Negotiation and Winter Sales
Firstly, you may find the housing market in a little slowly in the ran up to Christmas, this can often mean that prices can be negated or that house prices have been reduced.
Another positive factor to consider is timing. If you start the process now your conveyancer will be able to do a lot of the legal work prior to the Christmas break. This means you are likely to move late February or early March depending on your chain – perfect timing for spring decorating and garden transformation.
Equally, over the festive break you could be packing non-essential items and taking advantage of the January sales to purchase homeware. If you are a first-time buyer, you could also be asked for household gifts, starting what was once known as a ‘bottom draw’
Stuart Milbourne, Head of Suffolk Conveyancing comments: “Moving in the new year ahead of the mad conveyancing rush pre-Christmas allows you to take advantage of reduced workloads for both conveyancers and mortgage brokers leading to a swifter exchange and completion than any other time of the year.’’
