Peter Illingworth of Peter Illingworth Estate Agents covering Ryedale and the East Coast reports the busiest day for property completions in England is typically the final Friday before Christmas. There are two main reasons for this:
- Friday is the preferred day for completions: Most people choose Fridays so they can use the weekend to move and settle in without taking extra time off work. It’s also a common practice for solicitors and estate agents to arrange completions on Fridays for convenience.
- The holiday deadline: Many buyers and sellers aim to finish before Christmas to avoid moving during the festive period or incurring costs into the new year. This results in a spike in completions during mid to late December, with the last Friday before Christmas being the peak.
In short, the combination of Friday’s popularity and the pre-Christmas rush makes this day the busiest for property transactions.
Looking to start you property adventure in the New Year you may like to try our Instant online valuation: ?
See what our customers say – Customer reviews