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Pete Mugleston

Author: Pete Mugleston - Mortgage Advisor, MD

Updated: April 7, 2022

Is there really a specific time of year that could help with selling your home?

Even if you are not at that stage just yet, chances are you will be on the selling side at some point in your life. To maximise the value of your property, selling at certain points during the year could prove beneficial to you.

The best time for you

When the day comes that you are looking to sell your home you have to get yourself in the mindset of other home movers or first-time buyers.

Research shows that most people looking at the housing market spring into action and look to make offers in March. This would be the prime time to put your property on the market for a quick sale and great value. For the past five years, barring 2020, March is when most buyers enquire about properties for sale. This creates competition between buyers which could in turn earn you more for your property than anticipated.

Based on the competition between buyers for each available property, April is the next strongest month to sell. Those that possibly missed out on a property the first time of asking could be looking to bounce back quite quickly if they are looking to move swiftly.

The month of May has also proven to be a strong month for selling. Many buyers are motivated to find a new home before those summer months arrive. The types of homes that are desirable for this period are ones with gardens or outdoor space.

When you find ‘the one’, be in the best position

As anticipated, this Spring is no different and already looks to be a busy one.

Are you thinking of moving? Buyers are facing hot competition right now, with a huge number of people chasing after every available property for sale. So if you’ve been looking to move, you’ve no doubt noticed how competitive it is.

If you’re going to be selling your home in order to move, the best advice from estate agents is to put your home on the market now. Many sellers are choosing buyers with sales already agreed.

This gives other sellers the confidence that the process can be done quicker and smoother.

FCA disclaimer

*Based on our research, the content contained in this article is accurate as of the most recent time of writing. Lender criteria and policies change regularly so speak to one of the advisors we work with to confirm the most accurate up to date information. The information on the site is not tailored advice to each individual reader, and as such does not constitute financial advice. All advisors working with us are fully qualified to provide mortgage advice and work only for firms who are authorised and regulated by the Financial Conduct Authority. They will offer any advice specific to you and your needs.

Some types of buy to let mortgages are not regulated by the FCA. Think carefully before securing other debts against your home. As a mortgage is secured against your home, it may be repossessed if you do not keep up with repayments on your mortgage. Equity released from your home will also be secured against it.

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