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Housing Market

H Tiddy reflect on the Cornish property market in 2016.

Mark Willson, Director of H Tiddy Independent Estate Agents based in St Mawes is proud to announce that 2016 was one of H Tiddy’s best trading years in the long established history of the company dating back over 100 years.

H Tiddy sold nearly 30 million pounds worth of property, covering their specialist areas from Mylor to Mevagissey, including The Roseland Peninsula, St Mawes, The Cornish Riviera and the tributary rivers and creeks on The Carrick Roads.

The Housing Market Post Brexit

In our last newsletter, quickly written and circulated immediately after the BREXIT result, we predicted: “in the short term, we at H Tiddy are advising both sellers and buyers that we could have a wave of increased activity over the next few months”.

This has most certainly been the case. Stronger demand, combined with a shortage in housing supply and lower interest rates, has resulted in certain properties entering a competitive bidding situation, with offers and subsequent sales dramatically exceeding the initial guide prices advertised.

The Current Market – is now the right time to buy and/or sell ?

H Tiddy Estate Agents have been established for over 100 years. The company is a professional and highly experienced independent organization based in the exclusive Cornish coastal village of St Mawes. They successfully sell a wide range of properties in all price categories in and around the rivers of The Carrick Roads (in the Truro and Falmouth areas), the Roseland Peninsula (the jewel in Cornwall’s crown) and the Cornish Riviera around Gorran Haven, Portmellon and Mevagissey.

The Housing Market After National Election...

Despite the distractions of the National Election, since early January 2015, we at H Tiddy were surprised to find a dramatic increase in activity in all house price ranges. Based on low interest rates and the purchase of property becoming more affordable for many due to the changes in Stamp Duty, during the first few months of this year, a strong number of buyers have felt that now is the right time to buy. This improvement in buyers' confidence resulted in a record month for us in April, when we exchanged on over £5 million pounds worth of property.

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