Property accountants in Manchester and the north-west are poised to advise on sales as the region’s market heats up – and research from Post Office Mortgages suggests it is the ideal time to sell.
Over the past 12 months, Greater Manchester has seen a 24% drop in the time taken to sell a property on average, to 68 days in September 2013.
While house prices have fallen slightly by just over 1% in the same period, their current position at just more than £100,000 on average makes them accessible to a broad range of buyers.
Interestingly, the Post Office says traditional boundaries in the market are being eroded, saying: “The north-south property market divide is showing signs of dissolving as the northern property markets heat up.”
Manchester is said to be “showing signs of improvement”, along with its northern counterparts Sheffield and Liverpool, forming an axis of positive performance spanning much of the north of England.
With prices still under some pressure but the market moving more quickly, property accountants in Manchester can help vendors to maximise their income by advising on issues such as property tax.