Glasgow has been named the number one best city to be a seller in the UK in the current market, while Aberdeen is the worst.
Housing finance experts TIC Finance, analysed the current property market for sellers in over 40 cities across the UK.
The results were calculated on market growth rate, the average number of days it took to sell a property as well as the average estate agent fee in the area.
Glasgow was found to the be the best city to be a seller due to fast sale times, low estate agent fees and impressive market growth rate.
The average number of days it takes to sell a property in the city currently is 14.
Top 10 places in UK to be a home seller right now
#3 Stoke on Trent
Aberdeen however, is the only housing market in the UK that has regressed in 2021, with the average time for a property to sell being over double Glasgow’s total, coming in at 38 days.
Paran Singh, Lead Financial Adviser at TIC Finance, said: “The housing market has been through extreme turmoil all throughout the pandemic, with various schemes, rumours and policy changes causing a lot of distress for new home buyers.
Worst 10 places to be a seller right now
“But from a seller’s perspective, the market fluctuations actually provided a lot of new and improved opportunities for a few chosen UK cities.
“Some home sellers are now finding themselves in an excellent position to sell their home, whilst others are experiencing the opposite – which is exactly why we decided to investigate the most up-to-date trends in the UK right now, to give an accurately weighted picture of the best and worst places to currently be a seller.“
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