Antony Roberts’ experts are often asked for their opinions on various aspects of the housing and rental markets. Below, is a selection of our comments which appeared in the press in September.
House prices edged up in August, according to the Nationwide Building Society. Amy Reynolds, head of sales at Antony Roberts, told What Mortgage: “On the ground, we are seeing prices remain flat with sensible offers being accepted. There are more sellers than buyers, but sellers aren’t panicking – asking prices are coming down, but a lot of that is due to initial overpricing meeting the time it takes to find the market level.”
The Times featured nine beautiful homes for sale, from Devon to Lake Garda, and including a rental overlooking Richmond’s deer park, which is on the market with Antony Roberts for £4,995 a month. Amy Reynolds says: “This end-of-terrace home has three bedrooms and two bathrooms. A large kitchen has a wine fridge and views over the Old Deer Park, while the reception room has exposed brick walls and opens onto a petite walled garden. The second floor has an air-conditioned bedroom with a balcony overlooking playing fields.”
In a sluggish property market, how can sellers find a buyer? Amy Reynolds told The Telegraph: “I recommend listing in August or January when competition is lower. Fewer properties on the market means more visibility: you don’t want to be one of 10 homes competing for five buyers.”
Some vendors are switching estate agents after having no luck selling with the first one they listed their home with. But there is a risk for the second agent in taking on such a sale, Amy Reynolds warned in The Times: “I can’t risk losing out, I’ve got to take the instruction and manage the price down. Otherwise, if I sell to a buyer who viewed it through the first agent, I will end up handing it back. Second properties can bite you. You can do a lot of work and end up without a fee.”
Figures from the Office for National Statistics reveal that house price growth was slow in July. On the rental front, Amy Reynolds told The Independent: “Supply remains tight as landlords continue to leave the sector, so tenants face stiff competition for good homes, and we don’t see that easing this autumn.” She explained further in The Standard: “Overall, we’re hoping for a post-Budget bounce and a busy December setting us up well for 2027.”
London property seemed like a one-way bet for many years but in recent months, luxury homes have sold at large discounts. Amy Reynolds told The Financial Times that from a selling point of view, larger three-bedroom properties with outside space and without the service charge “are absolutely fine [but] if it’s a flat with a very high service charge, that’s a challenge”.