To feel bloody miserable that my house probably won’t sell?

Boxing Day is the agents busiest day apparently - we had ours ready to go and it went up on Boxing Day, had about 15 enquiries by the 28th, so I think there’s something in it. If you’ve got it up already it won’t come up the top of the listings after Christmas and now isn’t a great time as everyone’s focused on Christmas itself.

Why would OP be paying CGT?

"The agent said before Christmas was good time to list" TBF an agent will say whatever they can to have fresh property on the books to make commission. I assure you no matter what time of the year they would tell you why "right now" is a great time to get it on the market, they're in sales and need leads and housing stock.

Seriously don't worry about it being 9 days it will be 100% due to everyone concentrating on Christmas especially if you're main demographic of buyers are families, I have barely had time to think. Give it a month and if it hasn't budged take £10k off to bump it to the top of rightmove.

I would keep the house on the market op. Not everyone is Christian/celebrates Christmas. Your house might also sell to someone moving to the UK.

Where I live it's really unusual for houses to sit on the market for more than 2 weeks. So it really depends what area of the UK you are in. My friend is a estate agent and literally ran of her feet with house sales at the minute and her viewings are booked right up solid until the 23rd of December.

Also generally people have a look online and make a list of houses they like. Then whittle it down from there. You would be giving yourself a chance to get on people's list and maybe a first viewing or offer before the holidays.

Well it's the only way you might get a reasonable valuation from the bank. Otherwise it's just the BS one you can request online. If you ask them to extend the LTV they might be interested enough to do a proper job of a valuation.

That's rubbish. House market seats dips at this time of year and picks up in Jan. People are too busy with Christmas. He's just telling you that as he wants some business during his quiet period.

I didn’t say it was. You asked why the OP had one (has she been “trying to extend the mortgage?”) asked without, I’m sure, a hint of judgement 🤨

Bless… 🤣

It isn't the holidays yet.

That's a desktop valuation.
It doesn't look at the individual property, and they're very unlikely to value it at less than the [Loan]/[LTV]*100. It's not a meaningful valuation, and definitely not one to base your expectations for offers on.

How do you know that?

Great advice here, OP.

Don't buy when you're desperate or feeling it's now or never or this is the only house you'll ever see that's nice or because there's a deadline looming.

I'm a single parent too and I recognise your anxiety.

But I think people will browse over the Christmas holidays and you may well see some interest a few weeks after Christmas when people have paid the credit card bills.

Oh well I’ll to go into work tomorrow and explain my optimism is stronger than my 25 years experience in house building so maybe they should give me a nice easy reception job rather than run the investment division any longer 😂

You hop along with you basic knowledge assuming everyone else is a bit thick

I think you’ll find it’s you doing that. Your posts are a classic case of optimism over experience.

You’ve already posted that. The Halifax and Land registry showing prices recovering to 2022 levels which I wouldn’t have expected.

What are you talking about? Even if the desktop valuation is 10% over estimated (incredibly unlikely since this sets the value for borrowing) it’s still increased by loads. It’s not rocket science you know. I’m not claiming to know what my house sells for to the pence but I am very certain I have a very good idea. You hop along with you basic knowledge assuming everyone else is a bit thick

You can’t make assumptions, from the person whose entire post is one massive assumption!
😁

That isn’t what this graph shows.

https://www.yopa.co.uk/homeowners-hub/house-price-tracker/

Nobody knows what their house is worth unless they put it on the market and see what a buyer is prepared to offer. Everything you mention is pure hypothesis.

2022 was a bit of a spike driven by Covid. House prices still rose by 6% in 2023 though.

Yes I do, I bought mine two years ago and my next door neighbours was sold recently.
And as above, my mortgage lender offers a live and updated desktop valuation. I also have access to a huge amount of housing economic data due to my job which involves tracking such info in for corporate investment. And I know the area I live well.

You don’t know everything about other people’s knowledge and experience so can’t make assumptions

There's hope. We have just sold after just over a year of realising we've made a mistake of moving to where we currently are. We did tons of work, spent quite a bit, we are out of pocket but made more than we bought for & there's ways, we're downsizing a bit,& aim to make the money back on the next house.

We didn't expect to sell with the time of year & did have to wait. Just make sure you have a good estate agent.

I'd keep the house on you've nothing to lose, like people have said there will be browsers over Christmas.

You have no way of knowing that unless someone makes an offer on it. The housing market fell sharply last year and still hasn’t recovered to 2022 levels.

I bought a house I viewed on 27th December. Exactly what the poster said, New Year’s resolution to move discussed over Xmas. We completed that March

thats in no way applicable to everyone though. My house has gone up loads in the last 2 years