Estate Agency

2021 was a record-breaking year for Premier Properties Perth and our best year yet.  We listed 304 properties and sold 308, totalling a whopping £75m.  April was our busiest month; our team worked flat out to sell 48 properties, including our highest value property at £1.1 million.  We listed and sold more than any other agent covering the Perthshire area, putting us firmly in pole position as Perthshire’s market leading estate agent

2021 – Key Stats

We won the prestigious Five Star Award for “Best Estate Agency Single Office – Scotland” in the UK Property Awards 2021-22

It’s been a hectic year and a half for the property market since the end of the first lockdown.  The pandemic caused a huge rise in buyer demand as people assessed their living circumstances and searched for more space to work from home or to enjoy outdoor space, such as a garden or nearby countryside.  Restrictions on our ability to spend (including less socialising and holidays) allowed more people to save towards a house purchase and affordable mortgage products and the Land and Buildings Transaction Tax holiday contributed to people’s sustained desire to move.  Strong buyer demand coupled with a historically low level of available properties coming to the market put significant upward pressure on prices, with the Scottish market experiencing significant annual property price increases and decreased selling times.

Indeed, Zoopla reported that one in 16 homes changed hands in 2021, the highest rate since 2007.  The latest House Price Index available from the Registers of Scotland (October 2021) shows that that the average property price in Perth and Kinross was £229,774, an increase of 14.4% in the year to October 2021.

Lettings

The lettings market was also busy in 2021 with overall rental demand outstripping the supply of rental property.  We let 107 homes, more than any other agent covering the Perthshire area*.  As we’ve seen throughout the pandemic, the desire for a change of lifestyle and space generated more demand for houses/bungalows outside of Perth in more rural locations and there was strong demand for good quality houses in desirable areas.  In terms of flats, demand was highest for higher end/quality properties and modern homes.  The lack of supply in the sales market also affected the rental market as some buyers were forced into short-term lets until they found the right property. 

Throughout the year our lettings team have attended regular training events hosted by Landlord Accreditation Scotland to refresh and enhance their knowledge of the legislation, safety checks and legal documents relating to the private rented sector in Scotland.

We won the British Property Award – Gold Winner – Letting Agent in Perth & Kinross 2021 – 2022

2022 Outlook

The fundamentals that have underpinned the property market in 2021 are unlikely to change dramatically: lack of supply, huge buyer demand, affordable mortgage products, reduced ability to spend money, an increase in working-from-home and the need for outside space.  Also, with house prices rising in 2020 and 2021, existing homeowners will have experienced increased equity in their homes, allowing them to jump up the ladder.  Zoopla recently predicted an overall increase of 2.5% in Scottish property prices in 2022. Rightmove forecast a UK-wide increase of 5% in selling prices.

The January market has started strong with sustained buyer and tenant demand and, with an uplift in valuation requests from sellers, we are seeing early signs of a better balanced market in 2022. 

Thinking about selling?

With demand so strong, there has never been a better time to get your own property on the market.  In this competitive market, it’s important for sellers to put their own home on the market before looking for their next purchase, as this puts them in the best position when a property they like does come to market.  There’s no need to wait until spring: demand is steady throughout the year and, with fewer homes to compete against, and more serious buyers during January and February, the rewards can be high both in terms of quicker sales and potentially higher sale prices. 

Landlords

Whether you are a buy-to-let investor or you have found yourself in a position where, for whatever reason, you need to rent out a home, it is crucial that you understand the market and your responsibilities as a landlord.  With over a decade of experience in the Perthshire lettings market, we can help with investment advice, marketing, pricing, legal obligations, documentation and much more.

Get in Touch

sales@premierpropertiesperth.co.uk

lettings@premierpropertiesperth.co.uk

01738 442255 

2021: Premier Properties Perth - Market Leading Estate & Letting Agent in Perthshire

What our clients say about us

Testimonials
Geraldine Johnstone (May 2022) – “I felt that Premier Properties were both fair and realistic in negotiating the best price for our property and I felt listened to and valued as a customer.  I would have no hesitation in recommending Premier Properties as the service we received was of a high quality and always courteous and friendly.”Geraldine Johnstone (May 2022) – “I felt that Premier Properties were both fair and realistic in negotiating the best price for our property and I felt listened to and valued as a customer. I would have no hesitation in recommending Premier Properties as the service we received was of a high quality and always courteous and friendly.”Estate Agency & Lettings Client – George Street, Perth | 2 Bed Flat

"We were already using Premier Properties to let out the flat and had been very happy with the service.

Well marketed with excellent, true-to-life photos and video.  Excellent customer service with on-going communication with the same agent who was knowledgeable about the current market and able to offer sensible advice. He also listened to any requests made and agreed to them, taking our wishes into consideration at all times.  We were kept completely informed of the progress of the sale and all missed phone calls were quickly returned.

I felt that Premier Properties were both fair and realistic in negotiating the best price for our property and I felt listened to and valued as a customer.

I would have no hesitation in recommending Premier Properties as the service we received was of a high quality and always courteous and friendly."

 

Richard Garland (May 2022) – “I was disillusioned with my previous estate agent.  I had a meeting with Katie. I decided there and then to move to them.  It was a smart move!  Yes I would recommend. Absolutely! The reasons in three words…  Professionalism,  Efficiency,  Class.”Richard Garland (May 2022) – “I was disillusioned with my previous estate agent. I had a meeting with Katie. I decided there and then to move to them.  It was a smart move! Yes I would recommend. Absolutely! The reasons in three words… Professionalism, Efficiency, Class.”Estate Agency Client – Leonard Street, Perth | 2/3 Bed Ground Floor Flat

"I moved to PPP from another estate agent that I usually used as there was no clear guidance and plan when viewings slowed down. My property was quite difficult to sell.

Friends and family recommended PPP, and after noticing their sale boards everywhere, I had a meeting with Katie. I decided there and then to move to them.  It was a smart move!

The whole process was so easy from start to finish. Professionalism and efficiency with a touch of class.

Communication, advice, and expertise was excellent from the whole team...it made no difference who you spoke to in the office. I knew exactly what was happening, and how this would be actioned.

Special thanks to Debbie who looked after my case and was the first point of call for me. Thank you!

I was disillusioned with my previous estate agent. Moving to PPP was a smart move and they lifted me out of that hole with the way they handled things.  My property was a difficult sell...PPP sold it!

My views are all positive.  Yes I would recommend. Absolutely! The reasons in three words...

Professionalism

Efficiency

Class

Thank you to all at PPP. Your efforts have been appreciated.  Stay focussed and keep doing what you do!"

 

Stuart Rae (May 2022) – “The overall experience made me feel in control at all times.  I always recommend PPP –  keep up the good work.”Stuart Rae (May 2022) – “The overall experience made me feel in control at all times.  I always recommend PPP –  keep up the good work.”Estate Agency Client – Angus Road, Scone | 3 Bed End Terrace Cottage | Sold in 2 Weeks Over Home Report Value

"I know Alan personally and have only heard good things about PPP.  Excellent marketing and very professionally done.  Communication, staff knowledge, advice - all great.  Negotiation and sale all handled very well. The overall experience made me feel in control at all times.  I always recommend PPP -  keep up the good work."

 

Maxine Kay (May 2022) – “They were enthusiastic about the sale, and communication was the best, the whole process was first class.”Maxine Kay (May 2022) – “They were enthusiastic about the sale, and communication was the best, the whole process was first class.”Estate Agency Client – Feus, Auchterarder | 3 Bed Semi Detached House | Sold in 8 Days Over Home Report Value

"Chose PPP due to their positive attitude to selling our home. Marketing was first class.  Amazing communication, from start to finish.  Overall, it was stress free, excellent service.

100 % would recommend.  They were enthusiastic about the sale, and communication was the best, the whole process was first class.  Thank you."

 

Bill Powrie (April 2022) – “Superb negotiation.  The whole experience made me feel happy.  Would 100% recommend. Thanks.”Bill Powrie (April 2022) – “Superb negotiation.  The whole experience made me feel happy.  Would 100% recommend. Thanks.”Estate Agency Client – Chaise Road, Bridge Of Earn | 2 Semi Detached Bungalow | Sold Over Home Report in 9 Days at Closing Date

"My nephew Mark recommended PPP as he had rented from them.   Photos and virtual tour were excellent.  Excellent customer service, I liked the updates keeping me informed on viewings etc.  Superb negotiation.  The whole experience made me feel happy.  Would 100% recommend. Thanks."

 

 

Tom Barron (March 2022) – “They understood what I was trying to achieve.  Straightforward and professional.  PPP know the property market in Perth very well.”Tom Barron (March 2022) – “They understood what I was trying to achieve. Straightforward and professional. PPP know the property market in Perth very well.”Estate Agency Client – Atholl Street, Perth | 1 Bed Flat | Sold in 4 Days Over Home Report Value


"Went with PPP as they understood what I was trying to achieve.  The property was very well presented throughout the marketing.  Customer service was excellent.  Straightforward and professional.  Very pleased with the overall experience.  Would recommend, PPP know the property market in Perth very well."

 

 

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