Webbers capitalise on booming property market
Industry: Home & Residential
Devon and Cornwall estate agent Webbers has been able to capitalise on the booming property market thanks to steady pricing strategies.
Devon, UK (PRUnderground) January 28th, 2014
The property market is booming in the UK and Devon and Cornwall estate agents Webbers are at the forefront of that boom.
The company has been selling houses in Devon and Cornwall left right and centre this year as the market has enjoyed a resurgence.
The boom began in London – with a recent report revealing how the capital’s property market generated more profit than New Zealand’s entire economy managed last year. Property in the city’s ten poshest postcodes is also worth more than all property in Scotland, Wales and Ireland put together.
There’s similar good news nearer to home too, with the Exeter market showing growth at a similar rate – albeit on a much smaller scale.
The good news has been widely reported, although some figures quoted by national newspapers have been obviously skewed by the huge success of the London market.
In Devon and Cornwall Webbers has been seeing consistent sales thanks to its pricing strategy.
With some companies spurred on to overprice properties because of the boom Webbers’ steady strategy has seen the company stay steady throughout the year – even through the summer holidays and over Christmas, which is unusual.
Many people have been encouraged to put their homes on the market thanks to the news of a boom in sales and a further boost to the market is set to start taking real effect in 2014 – with the extended role out of the help to buy scheme.
The scheme has kick-started borrowing for many first time buyers, which means home owning is no longer a dream for younger potential buyers.
In the final month of 2013 a record number of mortgages were agreed and the number of first-time buyers rose by 28% year on year in November 2013 – with the average age of that first time buyer at about 35.
A side effect of the surge has come in the lettings market. With investors rushing to snap up buy to let properties landlords with shabby rental units are being left behind and tenants have been provided with greater choice and value.
About Webbers Estate Agents
Webbers Estate Agents were established back in 1924 and are now a national award winning independent estate agency with 16 residential offices covering North Devon, West Somerset, Exmoor and Cornwall, together with specialist departments including Commercial property, Survey and Professional and New Homes.
We are recognised as being the number one estate agent in the south west by Relocation Agent Network, the largest relocation company in the world and exclusive members of the Guild of Professional Estate Agents. Webbers are serious about high quality customer service. Statistics show that a massive 97% of customers would recommend our service to friends.
Whether you want to rent or buy a property, let or sell your property, buy or rent a commercial property, let or sell your commercial property, relocate or even buy a new home, Webbers can, and would love to help you.