Business as Usual…
Earlier this week all Bourne staff attended our half year conference at the Harbour Hotel in Guildford, to not only celebrate our continued growth and success so far in 2016, but also to look at what lies ahead.
Although the Brexit vote is a momentous time in our history Bourne firmly believe the concerns of disruption to the housing market in the local area will be largely unfounded.
One or two people will always be worried or cautious, however, our business has always been built on giving great advice and customer services by focusing on those who have a need or are motivated to move.
Prices may continue to drop slightly, they were already in April and May, not due to the referendum, but due to natural adjustments after recent years of growth.
If your property drops in value so will the one that you wish to buy and it all becomes relative. This couple pled with lower mortgage rates and the BOE releasing more funds, will ensure business as usual.
In the past 2 weeks all of our offices in Alton, Farnham, Guildford, Petersfield and Woking have seen an increase in valuations and instructions. All of our expected exchanges took place and only 1 sale has fallen through due to concerns in the market. Buyers, many local, are registering in high numbers and our experienced and highly skilled staff are negotiating many offers.
All of this, and the lettings market, is at the busiest time of the year, with many tenant enquiries and plenty of stock available. Overall, there are lots of opportunities for Bourne to work with our present and future customers and continue to do what we do best, which is sell and rent in our local towns.