The UK has seen one of the biggest days of listings since 2020, according to property website Rightmove.
Britons flocked to list their homes right before the Easter bank holiday, new data has shown.
Thursday March 28 was the biggest day for listings this year, and had the third biggest number of new property listings since August 2020 – beaten only by Boxing Day in 2022 and 2023.
Rightmove saw 45 per cent more homes were added on that date compared to the previous Thursday.
Homeowners have flocked to list their properties
GETTY/PA
Property prices fell 0.2 per cent across the UK month on month in March, but a number of regions saw house prices increase.
Overall, the housing market has been much more stable than in the last couple of years and many homeowners could be gearing up to sell as they prepare for the summer months.
Rightmove’s property expert Tim Bannister said: “A huge number of new sellers came to market as we all geared up for the Easter break, all hoping to capture the attention of those buyers using the long weekend to home hunt alongside their Easter egg hunts.
“It’s still a price-sensitive market, so, while the uptick in activity we’ve seen over the past few months is a positive sign, sellers still need to heed the advice from their agent on pricing competitively to help secure a successful sale.”
Chief executive of property professionals’ body Propertymark Nathan Emerson added: “It’s encouraging to now see people once again finding the confidence and affordability to power their next move.”
This comes as research found some buyers have started to increase their budgets in their property search. Property firm Savills found 15 per cent of people on its client database are now willing to spend more, with the size of a property and the number of rooms the biggest priorities.
Those who are looking to sell their property could benefit from expert tips that promise to boost the value of a home.
Some buyers have increased their budgets
PA
This could involve converting into a House in Multiple Occupation and renting out the rooms. A home that is registered to rent out could be more valuable, the expert claimed.
They added a loft conversion could add as much as £300,000 to the value of a property, depending on the area and property price to begin with.
They stated a loft conversion can cost around £50,000 but bring a huge return in many cases.
