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High End Properties in Demand

The sale of high-end properties continues to be strong, especially around the London area, according to one expert.

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Nick Pejacsevich, assistant manager at independent estate agent Douglas & Gordon, explained that the company is continuing to register a large number of people who are looking to purchase a property.

He said that many of these people are very specific about the homes they want to buy, which is beginning to create a two-tier market.

"If there is a property that ticks all the boxes and comes on the market, then it will sell very quickly for good money, but other properties that may have some issues are struggling," Mr Pejacsevich added.

A recent study from Investec found that on average it takes between one and two months to sell a home worth £1 million or more.

Homeowners who are considering selling their property could try adding quality wooden flooring (specially design parquet) to the most important rooms - which has proven to increase the chance their home will sell quicker and for more.
If your property already has an original wooden floor - hidden underneath carpets - it's always worth calling in the professionals to have it restored to its former glory!

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