Are house prices set to take a dip?

Many people have been weighing up whether now is a good time to move or whether it is better to stay put and see what house prices do over the coming months in the UK.

The Bournemouth Echo recently reported that average house prices in the UK fell slightly between November and December last year. However, the property market still ended 2022 considerably higher than it had started – on average, a home in the UK cost £294,000 in December, up by some £26,000 since the start of last year.

Property prices took a small hit, sliding by just £2,000 between November and December, however, which some have suggested could indicate the beginning of a downward trend.

However, for many people seeking to move to a new home in Dorset, Hampshire or elsewhere, mortgage rates have been one of the factors holding them back, rather than the price of the properties themselves.

There are signs that mortgage providers in the UK are offering more favourable deals, particularly for homeowners who lock-in five-year rates, and this could mean that more of us take the plunge and move to a new home in the coming months.

Here at Removals Unlimited, we are always ready to support you with your home move, whether you are buying your first property or your fifth! We aim to make your move as smooth and stress-free as possible, and our team of experienced staff are on hand to help you through what is often described as one of life’s most stressful events.

For the ultimate stress-free experience, choose our full packing service and let our team of professionals do all the packing and heavy lifting for you. We will spend the days leading up to your move packing all your belongings as carefully as if they were our own.

On moving day, we will then transport all your possessions and furniture to your new home. We even offer a furniture dismantling and reassembly service to make the whole process even easier.

What’s more, we carry out your entire move efficiently and we use protective covers for your furniture, as well as making sure we don’t leave any marks on your walls or floors as we are moving furniture out of your current property and into your new one.

Our team always takes the utmost care when they are helping people in Bournemouth, Poole, Christchurch and beyond move home.

Property prices in our part of Dorset are relatively high compared to the UK average – and it’s little wonder given our glorious sandy beaches, proximity to the New Forest National Park and Jurassic Coast and vibrant towns.

However, as the Dorset Echo noted in January, property prices in Dorset fell a little more than the average for the South West last November, although much like the annual figures for the UK as a whole, this was not enough to offset growth of more than 12 per cent over the course of 2022.

We know that the cost of living crisis and higher interest rates can make moving seem unmanageable financially, but we are always here to help. Contact us for a free, no-obligation quote for your move and find out more about the various services we offer.

We pack, move and store, ensuring that we have every element of your home or flat move covered.