23 Sep

Now is a "great time to sell"

Now is a "great time to sell"

The lack of available stock means that now could be "a great time to sell", one property expert has asserted.

This is because each house currently stands to receive "a lot more attention" from buyers, according to Jane Marr, company director at the Little House Company, a service for private property sellers.

Her comments follow the publication of research from Rightmove, which revealed that house prices increased by 0.6 per cent in September, although 29 per cent more properties left the market than went on.

It also showed that average prices in the south-east and East Anglia are 0.4 per cent and 1.5 per cent higher than a year ago.

Meanwhile, last month's Land Registry House Price Index reported that property prices in July increased by 1.7 per cent to £155,885, with prices in London increasing by 1.6 per cent in the month to £306,963, despite having fallen by 10.2 per cent in the past year.

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