St Albans Housing Market is on the rise
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St Albans Housing Market is on the rise

St Albans Housing Market is on the rise Express ConveyancingA recent article on a leading newspaper has mentioned that there is a surge in the St Albans Housing Market. This conclusion comes after a recent survey carried out in the St Albans housing market, where the property viewings and the property prices growing by approximately 15% in certain areas over the last year.

What the Local Estate Agents have got to say about the St Albans Housing Market?

What local estate agents say is that they appear to be noticing a trend where homes coming out into the market selling within hours or for thousands of pounds more than the asking price. They have also raised concerns within the industry that there is definitely a shortage of houses to sell.

As per leading property portal Zoopla, the average selling price of a property in St Albans was at a very healthy £388,031 accounting for a total of 1720 property transactions.

To compliment the above figures, the Office for National Statistics are showing average house prices in England to have reached a record high, there are certainly questions about whether the UK is yet again at the verge of another housing bubble.

On the bright side however, the Council of Mortgage Lenders have recently added that the high demand for properties is mainly due to the Government’s launch of the new Help to Buy mortgage guarantee scheme.

Help to buy scheme is helping the property market, but not so significantly in St Albans

The Help to buy scheme helps existing home owners and first time buyers buy a home with as little as a five per cent deposit, with the government guaranteeing unto 15% more, so that buyers can obtain, lower interest rate 80% mortgages.

Estate agents said house prices had increased between five and 15 per cent over the past year, depending on the type of property, with semi-detached, three-bedroom homes seeing the biggest rise. Are you buying or selling in St Albans? Why not obtain a quote for your conveyancing through us?

What our clients say

Great value for money. Everything went smoothly and I was very pleased with the service provided
Rachel Whitfield
Rachel Whitfield
20:59 12 Oct 18
Excellent! Very responsive, and really helped to push the purchase. There were unexpected delays during the process, but Anthony really helped to reassure me that he was doing everything he could to progress the sale. Ultimately, it all worked out in the end, and I would highly recommend! I would also recommend for auction purposes.
Sean Stevens
Sean Stevens
09:14 21 May 18
Very happy customer. Understanding of our needs and recommended a really fantastic solicitor.
Jack Hearne
Jack Hearne
17:49 12 Oct 18
I have just completed the purchase of my flat with them. They were recommend by the estates agents Phillip Arnold and they were fantastic. My case was handled by Milena who was really helpful and always available on the phone. The online system is also really easy to use. If I buy or sell a property I will definitely be using them again.
Sharon Kelly
Sharon Kelly
18:27 20 Dec 17
I used this service following a recommendation. The online case tracker worked really well. I would recommend this service as it's vital in the coordination between Estate Agencies and between Solicitors. The service proved invaluable in helping progress the conveyancing work efficiently and effectively. Completed the transaction just before Christmas having instructed the Solicitors on the 4th.
Shelly Harrill
Shelly Harrill
16:30 19 Dec 17
Excellent Service. Final Price same as quoted.
A Google User
A Google User
14:26 19 Dec 18
Have used them twice. Both times completion happened in less than 4 weeks, even over Xmas! Totally amazing. They take the stress out of the whole process.
Daniel West
Daniel West
13:04 21 Dec 18
Excellent Service. Final Price same as quoted
Parsa Khamooshi
Parsa Khamooshi
15:54 21 Dec 18
Being a first time buyer they guided me smoothly through the whole process of moving into my first home. Very professional and economical.
Uday Seth
Uday Seth
12:31 24 Dec 18

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