Hurfords news October 16, 2024
     

Why Autumn is a Great Time to Buy a Home

When it comes to buying a home, timing can be everything. While Spring and Summer are often seen as the peak seasons to buy, autumn is an underrated gem that offers unique advantages for homebuyers. From less competition to motivated sellers, here’s why Autumn might just be the perfect time to find your dream home.

One of the biggest advantages of buying a home in the Autumn is the reduced competition. By the time Autumn rolls around, the frenzy of the Spring and Summer markets has typically calmed. With fewer buyers actively searching, you’re less likely to face bidding wars or need to rush your decision. Less competition means sellers may be more willing to negotiate on price, closing costs, or other terms. This can give you an edge in securing a better deal on your new home.

Sellers who have listed their homes in the Autumn are often highly motivated to close a deal. Many sellers want to finalize their sale before Christmas time, which means they may be more open to negotiations and eager to close quickly. Homes that didn’t sell during the busy Summer months might still be on the market in autumn. Sellers of these properties may be more flexible with their pricing or willing to offer incentives, such as paying for repairs or including appliances.

Autumn provides a unique opportunity to evaluate a home’s condition as it transitions through different weather conditions. During Autumn, you can assess how well the home handles cooler temperatures, rainfall, and other seasonal changes. It’s a great time to check for issues like drafts, roof leaks, or drainage problems that might not be as evident in the warmer months. While the lush greenery of summer might be gone, autumn lets you see the property’s landscaping as it really is.

Autumn buyers can often move into their new homes just in time to enjoy the Christmas season. Moving before the holidays allows you to settle in, decorate your new space, and host family and friends in your new home. It’s a great way to start making memories in your new house.

Buying a home in the Autumn offers a range of benefits, from less competition and motivated sellers to a potentially faster closing process. Plus, moving in before the holidays allows you to enjoy the festive season in your new home. If you’re considering a home purchase, Autumn is a great time to find the perfect property and settle in before the year’s end. To contact your local team today, click here.

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Hurfords is a trading name of Sharman Quinney Holdings Limited which is registered in England and Wales under company number 4174227, Registered Office is Cumbria House, 16-20 Hockliffe Street, Leighton Buzzard, Bedfordshire, LU7 1GN. VAT Registration Number is 500 2481 05.

For activities relating to regulated mortgages and non-investment insurance contracts, Sharman Quinney Holdings Limited is an appointed representative of Connells Limited which is authorised and regulated by the Financial Conduct Authority. Connells Limited’s Financial Services Register number is 302221.

IMPORTANT: If you are selling a residential property in the UK that is not your primary residence, you should check your capital gains tax liability. Find some useful links to more information here.

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