Property Review - November 2025
Thank you Howard Davis for writing this article. Howard is Managing Directory of Howard Independent East Agents.
Elementary
Howard suggests that now is a good time to have a property Budget of your own before the Chancellor gets to her feet.
It is a truth universally acknowledged that if it looks like a duck and quacks like a duck then it is a duck. Likewise, if a property is not attracting interest, still less offers, and it is not blighted by planning or structural issues then an estate agent will deduce that it is overpriced.
Every property has its price, but the trick is finding it. Sometimes it takes some trial and error. And every property no matter its condition, size, location or appearance has a buyer – as long as the price is right.
Look at it this way; there is an asking price at which a property will not sell in a month of Sundays – will not even be viewed - and a price at which it will sell in a heartbeat. Somewhere between the two is a figure that will attract one, or preferably two buyers who are keen, ready, willing, and able to make a purchase. Finding that figure is the estate agent’s skill.
But what about the times when dropping the price will not do the trick? These are head scratching moments.
Which brings us to November 2025 - and a stalled property market. The reason? The autumn Budget. Buyers and sellers alike are waiting to see how the Chancellor’s announcements will affect them.
Once the Budget dust settles, one truth will remain: if a property is not selling the most likely reason, is the price. As Sherlock Holmes put it, “When you have eliminated the impossible, whatever remains, however improbable, must be the truth”.
These weeks before the Budget are an important time for sellers. They are a chance to take stock, plan a post Budget marketing strategy and determine a realistic asking price with your estate agent. That way you will be ahead of the game once the Chancellor sits back down on 26thNovember 2025.
