Why the Property Market won’t have a holiday this summer (3 min. read)

Why the Property Market won’t have a holiday this summer (3 min. read)

Let’s look at the two things which seem sure to happen during this year’s summer holiday season—a 3-minute read.

It’s the ‘will we, won’t we?’ question of the moment.
Will we get our two weeks holiday in the sun? Or won’t we?
The current situation means it’s unclear if people in the UK will be able to make their annual summer pilgrimage abroad to sunnier climes.
New quarantine regulations, concern over a possible second wave of infections and the idea of having to social distance while we’re supposed to be letting our hair down have dampened many peoples’ desire to go abroad on holiday.
And amid the uncertainty, we think two things will happen.
Firstly, expect a surge of staycations, the term used to describe a holiday within your own country.
As national lockdown rules start becoming more relaxed, the consensus from travel experts is holidaying within the UK will be more popular than since the 1940s.
Even closer to home we’re expecting and preparing for a lot more summer activity in the Attleborough and East Harling property markets, more than usual. More on that in a minute.
Staycation Success Steps
If you are planning a home from home staycation here are three simple ways you can make it special – without even leaving the area you live.
Make time to slow down – Holidays refresh us because the pace of our life slows down. The good news is you don’t have to be on a socially distanced beach to do things at a more leisurely pace. During your staycation get up later than usual, ditch the schedule, do things you enjoy and don’t feel guilty about relaxing.
The path less travelled – One of the best things about our adventures abroad is finding new places to enjoy. So why not try walking somewhere new within your neighbourhood. Turn left, instead of your usual right, and see where it leads.
Local days out – So Lanzarote, Florida, etc. might be off the cards, but there’s still plenty to do locally. This could be your chance to visit that park you’ve always wanted or have a treat-filled picnic in your back garden.
The Summer Property Surge
Traditionally the months of July and August see a lull in the property market because people are away on holiday and the kids are off from school.
And when you factor in significant sporting events like the Olympics and football tournaments such as the European Championships, people’s focus moves away from buying or selling a new home.
The cancellations of these sporting events combine with the bigger factor of a massive reduction in summer holidays. Add to this that many schools are potentially not re-opening until September.
This all means the property market in Attleborough and East Harling will be much more active in July and August than ever before.
We’re already seeing signs we’re going to be in for a surge of activity for the rest of the year, as pent up sellers and buyers come to the market.
So, if you are thinking of moving home now your summer holiday plans are on hold, please get in touch with us.
We’re here to help in any way we can, well, apart from being able to guarantee you your two weeks in the sun complete with Happy Hours.
But we can guarantee we’ll give you a warm welcome, five-star service and excellent local knowledge.
We’d also love to hear your staycation ideas. Let us know how you’d make a home ‘at’ home holiday one to remember.
Thanks for reading.


Get in touch with us

At first glance, UK house prices rising tens of thousands of per cent since 1900 look absurd. But annualised over 126 years, growth averages around 4.5 to 5 per cent a year. It is not sudden surges but steady compounding that drives values higher, showing property rewards time in the market more than attempts to time it.

Over the past 25 years, UK house prices have risen significantly, quietly building wealth for homeowners along the way. While markets move in cycles, the long-term trend remains clear. For many households, their home has become one of the most consistent and powerful drivers of personal wealth.

Discover this superb modernised detached four-bedroom family home on Springfields, Attleborough, ideal for the centre of town. Boasting two reception rooms, two shower rooms, and a refitted kitchen, this home also includes a utility room, as well as a study/home office, and has a good size rear garden.

Searching for the right home can be overwhelming. Use this practical checklist to stay organised, confident and ready to act when the right property appears.