Put life on hold for but a moment and the penny drops. Society suddenly comes to the conclusion that there's more inportant things in life than the office. Our work/life balance is now under serious scrutiny with many realising that paying steep commuter charges and suffering the long arduous journey to work is yields only diminishing returns.
Simple technology now means most of what beguiles us in the mundane doesn’t have to be. Meetings and work collaborations especially can be done remotely. Perspectives and priorities have changed and so have desires. Why suffer the smog and noise of the city when a new house with an open garden and working space will suffice?
Why wait another 5 years to purchase property when the next global threat could be waiting round the corner? When you’re in the property game for more than five minutes you can bet your last bottle of sanitiser someone will use the phrase ‘life’s too short.’
When the national ease-down period was introduced to leicester after much delay, millions rushed to their local barber to resolve a 4 month long hair hiatus, and the property market seemed to be no exception.
Frustrated and eager sellers flocked to their local agents to take advantage of Rishi Sunak’s stamp duty exemption, a tax holiday for properties under £500,000 meaning more people can put more towards a deposit, creating mortgage availability (with exception to the lower deposit mortgages) and in many cases mortgage affordablity.
A bigger demand in turn creates greater value for homeowners wishing to sell, who also hope to put the stamp duty saving towards their next home. With a collective belch and splatter, the pipes of the local market suddenly cleared and the market suddenly sprang to life.
Now is the time to invest in Leicester’s local property market, and if it’s something you’ve always wanted to try but never had the opportunity feel free to give Arch Living a call on 0116 270 6699. We offer all kinds of startup deals for seasoned pro’s and beginners, so make sure you take the opportunity whilst you can!
