It's a buyer’s market at the moment with properties selling for £16,000 below asking price on average, according to Zoopla.Thanks to a glut of homes being listed, it has created an opportunity for canny buyers to muscle in, haggle and grab themselves a bargain.Negotiation isn’t a natural skill for many, no matter how many episodes of Location, Location, Location they’ve watched. But help is at hand.Phil Spencer, co-presenter of the Channel 4 show and one of Britain’s most popular property experts, alongside two other buying agents, here reveal the secrets...
Newly listed asking prices fell this month, according to Rightmove, as sellers attempted to sell amid decade-high competition to secure buyers.New seller asking prices dropped by 0.3 per cent, the equivalent of £1,277 in June to £378,240.This is an unusual dip for June, according to the property portal. This month's price drop compares to an average increase in June of 0.4 per cent over the last ten years.There are likely a number of factors causing the dip in asking prices. Rightmove says the fall may be a delayed response to the stamp...