Anyone else joining the Boxing Day Hype?

[Deleted User]

I'll be looking for some big discounts, if you are in that market.

jenni_fer

Comptoncare said:

My property will go live on the property portals on Boxing Day, with a view to hopefully getting some viewings and under offer whilst people are off during the Christmas period. Hopefully I will be in a decent position when any new property comes on the market in the New Year. I had my property under offer during the stamp duty holiday but kept being outbid on the onward purchase. So hoping 2022 goes a bit better.
Have also just accepted an offer on my rental property so people are still looking.

Good Luck @Co@Comptoncare
Your experience this year sounds similar to our attempts in the second half of the year!

jenni_fer

Slithery said:

hazyjo said:

Unless you're very minimalistic, I think it's better to view once all the Christmas paraphernalia is gone too.

This ^

There's nothing better at making a property seem like it's been on the market too long than photos with Christmas decorations in them.

Our photos and 360 tour are from last Jan, no Christmas decorations in sight!

propertyhunter

I was meant to view a house this Saturday gone, but the vendor decided to wait until the 'period between Christmas and new year'. I got the impression that there was a low demand for viewings based on it being the Saturday before Christmas (rather than COVID or interest rate worries). We'll be better placed to know whether sentiment around house buying is becoming more cautious in Q1 2022. It's too early to tell anything right now. 

RelievedSheff

Looks like one of our neighbours is joining the Christmas/Boxing Day "hype"

The for sale board has just been planted in the front garden.

Comptoncare

Slithery said:

hazyjo said:

Unless you're very minimalistic, I think it's better to view once all the Christmas paraphernalia is gone too.

This ^

There's nothing better at making a property seem like it's been on the market too long than photos with Christmas decorations in them.

No Christmas decorations up as I am spending it with family elsewhere so didn't see the point in putting them up whilst trying to sell and with potential viewings.

RelievedSheff

Crashy_Time said:

RelievedSheff said:

Crashy_Time said:

RelievedSheff said:

Crashy_Time said:

Slithery said:

jenni_fer said:

I'm sceptical, especially as I feel another set of restrictions is coming, but going along with it for now.

Crashy_Time said:

More restrictions obviously on the way IMO.

So what if they are? None of the previous restrictions have either slowed the market or restricted sales or movement in any way.

The global restrictions have caused inflation and the first panic about interest rate hikes in years, the UK property bubble doesn`t do interest rate hikes I`m afraid. Furlough, SDH and record low interest rates kept up the illusion of the wonder of cheap debt for a while longer that is all.

Where is this panic?

Can you post any evidence of a panic?

You sound panicked actually.

Not at all.

We have a recently taken out long term fixed rate mortgage. Our property is our home which we intend to stay in for the long term and in 11 years we will be mortgage free.

 A rise in interest rates really has very little effect for us.

Except for dictating the value of your house which you have no control over? The next thing to "panic" about for those that want/need low rates is the CB`s phasing out their bond buying schemes, will they actually go through with it?

The value of the house is pretty irrelevant. It is our home and we have no intention of moving anywhere else. What it is worth really has no bearing on us living here.

RogerBareford

Comptoncare said:

My property will go live on the property portals on Boxing Day, with a view to hopefully getting some viewings and under offer whilst people are off during the Christmas period. Hopefully I will be in a decent position when any new property comes on the market in the New Year. I had my property under offer during the stamp duty holiday but kept being outbid on the onward purchase. So hoping 2022 goes a bit better.
Have also just accepted an offer on my rental property so people are still looking.

If the listing is ready to go live now then why wait? If people are looking for homes on Christmas Day then they won't see yours and if you list it now and they are looking on boxing day they won't dismiss it just because it's be on there for 5 days. When people are looking for houses they lookingg at everything within their parameters so the soon you get it on the better.

propertyhunter

Serious buyers, and there are enough of them around, will be looking at any time, not just Boxing day. I have no idea why estate agents need to do this when houses end up with multiple offers within days, and when you go to viewings there is always someone after you waiting to get in. 

If someone is just starting their house buying search on Boxing day, it's unlikely they're going to buy the first house they see. It's more likely going to be a well informed buyer who knows their search area and can make a decision about what they are willing and not willing to compromise on after having started their search before Boxing day, right? Well that's my thinking.

SameOldRoundabout

We listed our last house on Boxing Day. The open house was fully booked within a week (pre covid times!) and it sold at the open day. Whether that was down to the day it went on or not is anyones guess!