Conventional wisdom has it that December and January are the least popular months of the year to sell a property because buyers are reluctant to view the home of their dreams in the limited daylight available during the darkest months.

On the other hand, the start of spring and autumn usually sees lots of properties put onto the market. This is why September and March are always held up as the perfect months in which to buy property

But buyers who are prepared to brave the cold weather of the winter months can find the start of the year is a fantastic time to snap up a property. Whether you're looking for an investment property, a first-time buy, or you're looking to climb the property ladder, there are a wealth of homes available to buy at this time of the year.

This is because a lot of properties are put onto the market in January, often due to New Year Resolutions to sell or vendors looking for a lifestyle change. In the latter case, the seller could be looking to offload the property quickly so there could definitely be room for discounts.

Many buyers and sellers are looking ahead to events coming up in 2015 to work out what will happen to property values over the next 12 months.

2015 propery market robert holmes

Despite it being a general election year, which is sure to create uncertainty in the market both before and after May, the long-term prediction for property values remains positive.

Although the Labour Party has said it will introduce a mansion tax on properties worth more than £2m if it forms a government, and Chancellor George Osborne has already introduced a higher stamp duty burden on buyers who purchase properties worth more than £925,000, these policies will affect a tiny proportion of property owners.

In areas of prime London, foreign investors have kept the property market afloat and this shows no sign of changing. In fact, with the value of the rouble tumbling, Russians are especially showing interest in the UK housing market.

When it comes to official forecasts, the Office for Budget Responsibility (the Treasury's official forecaster) has revised its earlier predictions up, saying it expects prices to rise by 7.4% in 2015 and to increase by 31.4% by the first quarter of 2020. The Royal Institution of Chartered Surveyors predicts modest rises of 3% in 2015, and the Halifax expects prices to increase by 3-5%.

So why not snap up that January bargain in the meantime? You'll never know what you may find…

 

About the author

Nicolas Holmes

Nick joined Robert Holmes to inject fresh ideas and help grow the New Homes department of Robert Holmes as well as helping to inject technology into the business and to grow its client base. Together with one of the Directors Nick is in charge of all Development opportunities that Robert Holmes deals with along with sales. Aged 40, he provides succession together with the two existing directors. Nick has always been focused on building client relationships and sales. He built up his own gallery in Chelsea, where he had a loyal following of customers and artists.

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