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Spring upsurge in holiday home sales

North Northumberland is proving a major draw for second home owners and people who want to downsize to a rural retreat.

Smiths Gore’s Wooler office, which recently incorporated chartered surveyors Sale & Partners, started to see increased interest and demand for properties in February, well ahead of the start of the traditional spring selling season.

Patrick Paton of Smiths Gore said: “Since acquiring Sale & Partners, the Wooler office has seen its own mini property boom.

“January and February started off as a normal, however come the middle week of February the enquiry levels surged and properties started to go under offer in all areas across north Northumberland.”

The stunning countryside in Glendale and across the north of the county is attracting a mix of middle-aged professionals seeking second homes and active downsizers from Tyneside and south Northumberland keen to move to a more rural location.

Second home buyers tend to opt for two and three bedroom cottages in more secluded areas, while downsizers are choosing a range of properties and areas.

Smiths Gore has handled a number of sales of properties in the area which have come on to the market in the last three months and contracts have already been exchanged.

Mr Paton said: “If a property is correctly priced and presented to the market in a professional manner it will create interest and demand.

“Wooler was very much a new area for Smiths Gore but our strength as a national brand has created exposure for the area across the UK. People are beginning to find out about north Northumberland and recognise it as a great place to live.”

People considering moving are advised to start thinking seriously about their plans now, as there are a number of factors coming up which could influence property prices.

In the next 18 months, the UK will have a General Election and the Scottish Referendum on independence is also on the horizon.

It’s not known how they will affect property prices but savvy sellers would be wise to take advantage of the current strong market.

Mr Paton said: “This is a good time to sell in north Northumberland.”

Figures from the Royal Institution of Chartered Surveyors showed that UK house prices rose for an 11th consecutive month in February.

 

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