Keir Starmer, Resigns

With the announcement that Kier Starmer has stepped down as Prime minister, many homeowners, sellers and buyers may be wondering what this means for the housing market.

Political change naturally creates headlines and uncertainty; however, this does not change the housing market overnight.

It is important that whoever is chosen as the next UK government leader that they continue to prioritise the housing market and provide certainty to buyers, as the housing market is likely to perform better with consistency.

Our advice to sellers and buyers:

If you are considering selling or buying this year, then it is important to concentrate on the factors you can control. For sellers, research for the best local estate agent in your area, do not always look for the cheapest fee, ensure your home is accurately valued and is marketed to the highest standard. For buyers, make sure you obtain mortgage advice early on and understand your budget, so that when you are ready to purchase a property you are in a proceedable position.