Exeter property market attracting London buyers

Exe Reporter
Authored by Exe Reporter
Posted Wednesday, September 30, 2015 - 10:47am

Most of you will be aware of the significant increase in house prices in London, which has definitely had its fair share of advertisement and media coverage. However, what most people aren’t as aware of is that since the fourth quarter of 2013, the number of home sales recorded in Prime Central London (PCL) has been rapidly falling. There are a number of arguments when it comes to the reason for this – including the idea that more homeowners are hanging on to their properties in the hope of the value increasing more, whilst more potential buyers are also looking elsewhere in a bid for a cheaper price.

Exeter Homes

If you currently own a home in Exeter, there has never been a better time to put it on the market as there is now, due to a large number of London buyers searching for properties in other areas in order to avoid the high costs of buying in Central London. Now is a time of great opportunity for any savvy London buyers looking to move to the West Country, and many are keeping their London homes and looking to buy again either in central Exeter or selling a home in the city and buying a country home instead.

Making the Most of This Opportunity

If you are planning to sell your Exeter home, it’s important that you make the most of this opportunity. With so many London buyers opting to buy homes in Exeter instead you will be up against a lot of competition, and for this reason you will have your work cut out in order to make your home stand out above the rest when it comes to attracting London buyers. Most London buyers are looking for the best home that they can get, and they will want a property that is similar to something they could get in central London, but at a fraction of the price tag.

Making Your Home Attractive

When it comes to making your home attractive to potential London buyers, ensuring that you go above and beyond in your efforts is a must. You should find out what it is that most London buyers are looking for in an Exeter home – your estate agents should be able to help you with this, or even speak to buyers in person to see what their preferences are. There are a number of ways in which you can make your home more attractive to London buyers from complete renovations, extensions and additions to the property, or even simply redecorating. If you’re planning to redecorate your home to make it more attractive to London buyers, we recommend using products such as JTAPE Custom for the best ever finish.

Have you successfully sold a home in Exeter to a London buyer? How did you manage to make your home stand out and be more attractive than the other homes for sale in the area? If you have any helpful advice for other Exeter homeowners planning to sell, we’d love to hear from you in the comments.

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