Housing market will continue to move in Bude despite the Coronavirus

Please note: This article was originally posted in 2020.

Although businesses have never experienced anything like Coronavirus before, houses are still for sale and people still will want or need to move. Bude Life takes a look into one business sector where despite new uncertainty, there are still positive signs of hope.

Each year there are a high number of people wanting to move to the Bude area, but over the last few years, despite an uncertain national picture, the housing market in Bude has remained buoyant.

Daniel Stokes
Kivells Estate Agents
Area Manager

Area Manager for Kivells Estate Agents, Daniel Stokes told Bude Life “We’ve certainly bucked the national trend over the last few years as demand for housing has been higher than available properties coming onto the market. This has helped to cause a house price rise locally which has obviously been great news for local people thinking of selling.”

Kivells have found that both the selling and rental market have been equally busy – with the properties creating most interest being 3 and 4 bedroom family houses and detached bungalows within the £275,000 to £375,000 price range.

With spring approaching, local estate agents have already started to see a typical increase in the number of people asking for market appraisals with website clicks increasing as people look to see what new properties are on the market – Rightmove property portal had 152 million visits in January which is their highest ever on record!

People are still wanting to buy, sell & rent

Daniel told us “Yes there is uncertainty at the moment, but we know that people are still wanting to buy, sell and rent. The Bank of England cut interest rates again to just 0.25% which should feed through to lower mortgage rates assisting the market further. We would encourage people who are looking to move house, to really take advantage of our website and take time to explore what is on the market with us. All property brochures are available for download and our property descriptions are fully comprehensive.

“We also have better photos online than ever before, giving customers a really good insight before visiting. Obviously, people will want to also get out and about to view properties in real life and we will be working hard in line with government advice over the coming months to allow viewings to continue to happen – and people to move house.”

If you are thinking of moving this year or want to discuss your move, you can call Daniel Stokes at Kivells on 01288 359 999 or email bude@kivells.com