In this webinar we will take a deep dive into how recent world and economic events have shaped the current housing market.
We will be looking in detail at the upturn in transactions that do not require any lender involvement, and the potential pros and pitfalls of:
- Types of cash buyer
- Cash buyer motivation
- The current market and the cash buyer landscape
- Time limited due diligence
- Search Insurance
- NEW Cash Buyer Express
…it’s become quite a polarised market; the real dampening effect has come from an increase in the cost of debt, so the market has become much harder for mortgage buyers, and so we’ve seen a drop off, particularly in the number of home movers. First-time buyers have been a little bit more resilient, and there’s been a big drop off in mortgage buy-to-let activity.
Emily Williams, Director, Residential Research, Savills
But where we have seen more activity has been from Cash Buyers; they’ve increased their share, comprising about 46% of all transactions in April and that’s up from around 34% in late 2022. So whilst that the activity dropped in other parts of the market, we’ve seen cash buyers remain pretty resilient.
This On-Demand webinar is hosted by Robin Wells, Head of Sales Operations at OneSearch, and also features our guest Emily Williams, Director of Residential Research at Savills.