Housing Market
10 Aug 2016

Brexit – Six Weeks On

The housing market in Cheshire remains strong despite fears over Brexit according to Wright Marshall, one of the region’s leading estate agents.  The Bank of England’s decision to cut interest rates to historic lows has also given the market a further boost.

The strength of the market is illustrated by how a detached property situated within Tarvin village came to the market on 27th July and was sold within a week by Wright Marshall Estate Agents.

Listed for sale at £325,000 the stylish, open-plan family home within a cul-de-sac had more than twenty views and three offers from potential buyers and investors within a week.

Robert Reed, Head of Wright Marshall’s Tarporley branch, said: “The sale of this property was a great example of how the market is working in Cheshire at the moment.  When a home is well presented and marketed effectively there are buyers out there who are looking to take advantage of the low interest rates and market opportunities.”

The present owners comprehensively refurbished and substantially extended the house after their purchase in 2009 and transformed the layout so as to create a remarkable family house that perfectly reflects modern day living requirements and a high quality finish.

Robert concluded; “Well presented homes in good locations will continue to be popular.  Despite initial Brexit fears we are seeing evidence that the market is over the initial shock and returning to business as usual.

By Robert ReedBack to Blog