The North West is the UK’s Fastest-Moving Property Market – Here’s What That Means for You
At Maddox Noel, we’ve always known the North West is a special place to live, and now the data backs it up. According to the latest figures from Zoopla, homes in the North West are selling faster than anywhere else in the UK, with an average sale time four days quicker than the national average across England and Wales.
Why Is the North West So Hot Right Now?
There are a few key reasons why the North West is leading the way:
- Affordability: Compared to other UK regions, property here remains more accessible, attracting a wide range of buyers.
- Strong Demand: With more people able to afford homes, competition is heating up-especially with recent changes to mortgage affordability rules giving buyers up to 20% more borrowing power.
- Economic Growth: A growing local economy is supporting both buyer confidence and market activity.
As Richard Donnell, Executive Director at Zoopla, puts it:
“The housing market in the North West is the strongest in England, with the highest level of house price inflation and more sales being agreed.”
What This Means for Buyers and Sellers
If you’re thinking of buying in the North West, now’s the time to get organised. In a fast-moving market, preparation is everything. Here’s how to stay ahead:
- Get your home on the market: You will be in a better position to buy if you already have an offer on your home.
- Line up your team: A trusted estate agents in Manchester, a mortgage broker, and a conveyancer. Need a referral? Speak to us and we will introduce you.
- Price to attract maximum interest: The market is good – at the right price. The more attractive the price the more viewings you will have, which then means more offers!
- Set up property alerts: You’ll be the first to know when new homes become available.
- Have your finances ready: You’ll be able to move quickly when the right property comes along.
Get A Valuation >
And if you’re a first-time buyer? Good news, no chain makes you an attractive option to sellers.
Let’s Make Your Move Happen
Whether you’re buying, selling, or just exploring your options, Maddox Noel is here to guide you through every step. With the North West market moving at record speed, there’s never been a better time to make your move.
Ready to get started?
If you are looking to sell or to let, use our online valuation tool to get a guide as to the current value of your home.
Then give us a call, we would love to have a chat.