Phil Spencer’s top tips to sell your home by Christmas
It’s now a buyers’ market across much of the UK. In cities including London, Cambridge and Oxford, many sellers are accepting large discounts for their properties. Data by Hometrack found that in some areas of central London, buyers are snapping up property with a 10 per cent reduction on the asking price. And with interest rates still low, now could be a good time to buy a home.
This all makes it tougher for homeowners who want to sell their existing home and trade up. Red tape and fickle buyers can also delay or derail plans.
But even in the current fragile market – where the number of active sellers and buyers is hovering around record low levels, according to the Royal Institution of Chartered Surveyors – is it still possible to sell your home quickly, without slashing the price?
“As the nights start drawing in, a Christmas move target is ambitious but still achievable,” says TV property guru Phil Spencer who, for almost 20 years, has been on our TV screens presenting property shows on Channel 4.
“The key to selling quickly is getting the process moving,” says Spencer, who has launched a home movers’ platform, Move iQ, to help buyers navigate the property market. “There are a few simple steps you can take to prevent unnecessary delays to the sale of your current home.”
So how can sellers make sure their homes get snapped up in time for Christmas? Here are Spencer’s top tips to find that elusive buyer.
Phil Spencer has started Move iQ, to help buyers in the market THE RIGHT MOVES