14 homes sell in three hours as Welsh property market soars

14 new homes were sold in less than three hours in Aberdare Wales, as would be buyers camped out overnight outside an estate agents.

Gavin Williams, Company Director of Bidmead Cook estate agents, told the local press:

“We didn’t expect this, we knew there would be plenty of interest but we didn’t think people would wait through the night.”

After providing the excited buyers with provisions to help them through the night, Mr Williams added:

“They were all in good spirits, they have all met their future neighbours now.

“We released the first phase of the houses back in October, and a couple of people missed out then. We sold 12 then and another 14 today.

“There were around 30 people waiting outside last night, but there were sat in couples. There were around 18-20 serious buyers.”

Jeanne Fry-Thomas, Director, told the BBC:

“[I] couldn’t believe my eyes” at the scene, as colleagues handed out coffee and donuts overnight to those waiting.

“It’s bouncing and it’s completely bonkers. It’s local people, people moving from outside the area, investors – it’s madness, our busiest offices are all the valleys offices.

“And we just don’t have the stock. The demand is there, but we don’t have the properties.”

Today's Conveyancer