Property Market Remains Active Despite Economic Uncertainty


Here at Pattinson Estate Agency and Pattinson Auction, we are delighted to report that the property market is still strong, and despite the turbulent economy, we are seeing a steady flow of people wanting to buy and sell properties. In fact, this year, we have sold more homes than any other estate agent in the North East, which is a testament to the hard work and dedication of our team of property experts. Our clients have continued to put their trust in us to help guide them through what many think is an uncertain property market.  

It must also be noted that the North East has seen a surge in people looking to move to the region, perhaps due to its offering of a more relaxed lifestyle, and a slightly reduced population than other areas of the country. 

The rental market, however, is a bit of a mixed bag, as we have seen a decrease in the number of rental properties available, however this has not prevented us from helping landlords find tenants for their properties. We always strive to help our clients make the most of their property investments, regardless of market conditions. Some landlords are making the tough decision not to rent out their properties, and instead are opting to sell them. This is largely due to the fact that properties needing an Energy Performance Certificate (EPC) will soon need to reach a certain standard, and some landlords are not willing to make the necessary changes to meet this requirement. 

Whatever the situation, here at Pattinson Estate Agents/Pattinson Auction, we are here to help. Whether you are looking to buy, sell or let a property, we are experienced in helping you navigate the current market conditions and can advise on the best route for your individual circumstances.  

Since March, we have welcomed 22 new members of staff into the business, with roles across all areas of our departments. This is an incredibly positive sign for the business, and we are thrilled to have so many talented individuals on board. We could not have achieved this success without our fantastic team of staff. It is thanks to their hard work and dedication that our business is thriving. We are confident that, with our ever-growing team, we can continue to achieve great things together.