It's been a very busy few months during the summer period, the market has been extremely active since mid May and we have worked tirelessly to provide the service that not only our customers demand but also the level of service we aim to provide. It has not been easy and it has been a real challenge for us all.
We have and continue to work as safely as possible under the goverment guidelines and we thank every client and customer for their patience and understanding.
The Year to Date
During lockdown all of our work was from home and we completed on several sales over the course of this period. The level of enquiries gradually built between March and May until we returned to 'usual business' on Thursday the 14th of May. The surge of activity was huge following lockdown with a range of buyers and sellers looking to 'get on with it' as soon as possible. Within a couple of weeks we had most staff return to work from the office as the demand for property and our services increased dramaticily.
During the summer this has continued and our teams in both sales and lettings have been working flat out, we have never been so busy. We have seen a record amount of new instructions, sales and let property. Prices have risen in some areas across Cornwall and we have seen a number of properties go to 'best and final offers'. Naturally out of county buyers have featured and continue to do so, Cornwall offers an escape for many people and the view is that as people look to holiday in the County over the coming years rather than flying abroad there will be more holidays home purchased for holiday letting.
Moving into the next six months
With the stamp duty holiday in place until the end of March 2021 we expect to see the market remain bouyant however with winter coming and new Covid restrictions coming into force we expect to focus on helping sales through from offer acceptance to exchange and completion for Christmas. We also envisage the early part of 2021 to be very busy in the lead up to the end of the stamp duty break with a more 'normal' market returning into spring next year.
If you have any questions or would like any reassurance then please do not hesitate to contact us.
Philip Martin. A Tradition of Trust.