Guernsey’s property market is continuing to ride a wave of positivity and Swoffers remains at the crest of that wave.
As we head into the last quarter of a roller-coaster year, both Open Market and Local Market sales remain buoyant, the rentals market continues to be busy and the island is successfully promoting itself as an ideal place to relocate to.
‘2020 has certainly had its ups and downs,’ said Shauna Clapham, Swoffers director and Open Market sales negotiator.
‘Back in January we felt confident that we were going to have another record year. Eleven Open Market sales were confirmed in that first month, of which Swoffers was responsible for 8. What a great start!
‘Of course, in line with most other businesses, the Covid lockdown led to a difficult few months. Sales in March, April and May were low as property viewings were put on hold, conveyancing court was closed for all but urgent transactions, and our staff were working from home. It was difficult to envisage how and when things would change.
‘But what we didn’t predict was just how quickly property sales would recover,’ said Shauna.
‘Come June we were experiencing a post-lockdown surge and that has continued and even strengthened every month since then.
‘Looking at the year so far as a whole, Swoffers has maintained its position as Guernsey’s leading estate agent and we believe that confidence remains high amongst buyers and sellers.
‘By the end of Q3 records show we had completed more than two thirds of all Open Market sales and more than a quarter of all Local Market sales putting us in line for a good recovery. Not something we thought would be possible a few months ago.
‘Even with the continued challenges of travelling to and from the island, we have seen continued interest in what Guernsey has to offer, particularly amongst those looking to relocate,’ said Shauna.
‘Guernsey’s advantages are perhaps even more attractive as coronavirus unfortunately continues to have such a massive impact on the lives of those in the UK and further afield.
‘The economic situation and continued uncertainty in the UK and globally has brought Guernsey to the attention of many new potential clients as well as encouraging those who may have previously considered making the move to start taking action.
‘The island has done a great job at promoting itself as a safe, secure and largely Covid-free jurisdiction. It is clear that Guernsey’s positive community spirit has helped overcome many of the challenges of the pandemic and the island’s tax benefits and quality of life remain big attractions to relocators. The swift bounce back in our property markets highlights the confidence in local businesses such as Swoffers and the belief that property remains a good investment,’ said Shauna.
‘We continue to host Business Tunnel visits allowing clients to come to the island and view properties in person, always within the strict operational guidelines imposed by Public Health. What these clients are telling us is that Guernsey offers a powerful mix of quality of life, great location, low tax jurisdiction and ease of relocation. There are no barriers to entry and a range of properties available to buy or rent meaning a quick move is easy to achieve.
‘Our message remains positive. Despite continued travel restrictions, Guernsey is open for business and we welcome enquiries from those keen to explore relocation options. We can facilitate online viewings, provide links to virtual tours, and talk through any queries or questions you may have.
‘As the undisputed leaders in Open Market sales in Guernsey, Swoffers is perfectly placed to lead you through all aspects of your relocation journey. Just pick up the phone or send us an email and begin your move to a better life.’