Asking prices for UK properties fall in August
We know that house prices in the UK are high, but there has been some good news for buyers in recent months – property asking prices have fallen ever so slightly and mortgage rates are also beginning to fall.
The latest figures from Rightmove show that average UK property prices were down by 1.9 per cent in August, compared to July this year. Usually there is a slight dip in house and flat prices in August each year, but this averages 0.9 per cent, so this is a bigger drop than would usually be expected at this time of year.
What’s more, five-year fixed-rate mortgage deals have started to drop as well, coming down to an average of 5.81 per cent after hitting 6.08 per cent, on average, at the start of August. All of this is good news for buyers.
However, the latest government statistics show that the number of transactions in the UK’s residential housing market is 16 per cent lower than it was a year earlier. That said, transaction numbers did increase marginally between June and July this year.
Here at Removals Unlimited, we are always ready to help support you with a move at any time of the year, whether you decide to move home in the height of summer or the depths of winter. Our team of professional movers and packers in Bournemouth, Poole and Christchurch are always happy to step in and provide whatever level of assistance you require to make your move a smooth one.
We have experience of supporting all kinds of moves, whether you are packing up a large family home in Southbourne, moving out of a flat to build your life in a larger property in Westbourne, or are even moving from Dorset to another part of the UK (or vice-versa). We offer a nationwide removals service, and are more than happy to help if you want to relocate to beautiful Dorset.
As well as a highly trained and experienced team of movers, we have a fleet of removals vans and even offer long and short-term storage in Bournemouth, giving you options if you are unable to move directly from one property to another.
Our storage facility is weatherproof, clean and has 24/7 security and CCTV coverage. It’s located close to Castlepoint, making it convenient to access if you live in the Bournemouth, Christchurch or Poole area.
We know that the housing market makes it challenging if you are moving home at the moment, which is one of many reasons why we are always looking for ways to make your move as stress-free as possible.
We offer a range of complimentary services alongside removals, from dismantling and reassembling furniture to providing a full packing service for those of you who would like some help with the preparation for moving home, as well as moving day itself.
If you would like to find out more about how we can help, or would like a free, no-obligation quote for your move, please contact us today to speak to a member of our team.