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House Selling

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  • rozeepozee
    rozeepozee Posts: 1,971 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    There is a bit of interest always immediately after Jan 1st. Families and couples have spent time together (unusual nowadays) over the Christmas to New year period. They chat about things and some seem to decide it's a good time to make a move in their life.

    The flip side to this, when I was practicing divorce law is that it was my busiest time of year too!! :D
  • bingo_2
    bingo_2 Posts: 45 Forumite
    In estate agency parlance there is always a surge in SUJ's after Xmas.
    SUJ stands for "split up job"
    It's when partners and couples have had enough of each other and fly the nest to set up life on their own.
    SUJ's are good business for estate agents, solicitors and mortgage brokers, though you'll never hear them shout about it.
    An SUJ is very much like an FTB (first time buyer) except they usually are older, have higher incomes, and want in ASAP.
    So if your property would appeal to an SUJ, you may have a chance, but be prepared to allow a viewing at a time that seems unsual to you, (these are desperate people, who need an escape route and quick!)
    Finally, again in estate agency lingo .... anyone who has an offer accepted before, before even putting their own property on the markwt is known as a WOT and is likely to lose the property to someone who can proceed, or has NTS (nothing to sell)
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