February Market Update

image of a field with a tree in the middle

Following a very difficult back end to 2022 with concerns around increasing interest rates and energy prices, many homeowners understandably decided it wasn’t a good time to put their houses to the market and buyers similarly decided to wait and see if prices were going to fall. The good news is that mortgage rates haven’t increased quite as much as the media predicted and prices haven’t fallen as much as homeowners feared. Coupled with homeowners in London and the South realising that a way to ease the burden of the cost-of-living crisis is to move further north – more specifically to the Midlands – we are again seeing supply and demand in the favour of anyone selling.

Our area (Oakham, Grantham, Melton Mowbray, Uppingham and Stamford) has bounced back better than many others. Coupled with the mild early spring like weather, both out of area and local buyers are registering for properties to view. With this in mind, we are looking to start up our Move To The Country roadshows again from the last Friday in March.

To have your property included all we require is a couple of informal photographs and preferably a floorplan to be able to introduce people off-market. If you are on the market with another agent, we can often still introduce buyers who may be willing to cover our fees.


Moores Estate and Letting Agents

If you would like to know more about this way of testing the market without committing to full marketing, please get in touch. Alternatively, please call in to our new drive in style office for a coffee! We are now based at Goodwood House, Hackamore Way, Oakham. LE15 6FS – next to Aldi and M & S.

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