Spring comes early to Surrey with 50% increase in sales enquiries
It appears that the traditional spring rush on homes for sale has arrived before the daffodils this year.
Barton Wyatt, the leading estate agency in Virginia Water, Surrey has seen a 50% increase in enquiries during January and February this year compared to the last two months of 2012.
Reminiscent of pre-recession days, Barton Wyatt have seen three buyers fighting over one property available for sale in Virginia Park and new homes which stood empty for far longer than the developer had predicted, have suddenly come unstuck and sold.
This feeling of buoyancy in the market is a great relief to agents who have almost been holding their breaths for the last year. James Wyatt of the award-winning Barton Wyatt comments:
“Last year was all going extremely well until the market was suddenly squashed by the increase in stamp duty in April. After that it went quiet for pretty much the rest of 2012 but pent-up demand has caused a rise in buyers who are tired of waiting and ready to commit.
“Here in Surrey prices appear to have stabilised which encourages confidence in the market and this, combined with the re-emergence of cheap money (mortgages are available at sub 3% if you have a reasonable amount of equity), means that we are confident of a busy year in 2013.”
Indeed the Knight Frank HSPI February survey also predicts a strong 2013 with Londoners remaining the most upbeat about prices closely followed by those in South East.
Considering the nature of these 2013 buyers, James Wyatt believes, along with the experts at Ernst & Young, that UK tax reform is driving inward investment, resulting in scores of multinational companies relocating their headquarters to the Square Mile and their employees to surrounding counties such as Surrey.
Already a booming market, accounting for half of all tenants in 2012, US expat professionals and their families are one hot market to watch as well as the on-going influx of Russian, Eastern European and indeed Asian buyers looking for a bolthole in leafy Surrey.
So if you are thinking of buying in Surrey in 2013, then get a spring in your step as these are two wonderful homes expected to sell quickly:
Tamora, Virginia Water £1,450,000
Tamora occupies a most convenient location, just minutes from Virginia Water shopping parades and approximately 500 yds from Virginia Water Lake.
This fantastic house offers stunning accommodation over two floors with four bedrooms and 3 bathrooms. There is an attractive landscaped southerly garden with lighting, seating and barbeque area to the rear whilst to the front there is a low maintenance garden with ample parking.
Internally, the property boasts under floor heating on both levels, a superb kitchen/breakfast room with a large fanlight providing much light.
Woodbury House, Wentworth Estate – £3,950,000
A unique stunning new house recently completed to an extremely high level of specification and finish, an opulent home with a fabulous design and attention to detail.
Five bedrooms, five bathrooms, second floor games room, drawing room, dining room, study, kitchen/breakfast/family room, utility, double garage, beautifully landscaped gardens facing south at the rear of half an acre.
For more information please contact Barton Wyatt on 01344 843 000 or visit www.bartonwyatt.co.uk.