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How to survive (and win) in the bonkers property market

With 13 buyers chasing every home for sale, here's how to deal with sealed bids and avoid getting gazumped ....

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Leap before you look! Buying blind becomes a new normal for homeowners

However, this is by no means a local phenomenon.
An estimated 53,700 households have moved from the city to the countryside in the past year according to Hamptons International and it is going on nationwide.
I d say one-in-ten buyers bid blind now, says Jo Ashby, of John Bray estate agents who sell property in north Cornwall.
Many know the area from holidaying here, but they ll bid for a house without having viewed it.
In Pembrokeshire, where prices do not compare to the south-west peninsular, the story is the same.
Buying unseen has been going on constantly in West Wales since the first lockdown, says Carol Peett, of West Wales Property Finders. ....

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Rural homes that come with small campsites will generate extra income

One consequence of the Covid crisis is that the demand for country homes with a campsite in the grounds - be it for camping, glamping or caravans - has gone through the roof.
People want to escape to the peace and quiet of the countryside, but money is often an issue, says Carol Peett, of West Wales Property Finders. A small campsite can be merged with childcare or working from home to provide an income stream.
James Warner Smith, who edits the website Cool Camping (coolcamping.com), which has seen its bookings increase by 500 per cent since 2019, believes that camping is perfect for these troubled times. ....

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Home buying bottleneck means transactions taking longer to complete

Homes that exchanged in last 30 days took a month longer to get to that stage
Solicitors have had a huge backlog of work since the property market reopened in May - and buyers trying to make the stamp duty holiday have added to it
One buyer offered on a flat with no chain in October but has still not exchanged
Are you facing long delays to buy a home? helen.crane@thisismoney.co.uk ....

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