As I think we all realise by now, the property market is experiencing very tough conditions. However, there are now some more positive signs appearing. Mundys has experienced a significant rise in new Applicants in 2009. This is mainly due to cash buyers quite rightly deciding they can now secure a purchase that makes sense despite the widely recognised opinion that prices will continue to fall.

Mundys in Lincoln has been named the Best Estate Agency in Lincolnshire after being awarded five stars in the prestigious Daily Mail UK Property Awards.

The Lincoln based company was one of just 12 Estate Agencies in the UK to be awarded the highest possible accolade.

Senior Partner Philip Barnatt said: “Our team is passionately committed to providing the best possible service to our clients throughout the whole move.

There is no doubt the property market has picked up within the last 3 months. At Mundys we have seen a 20% increase in new prospective buyers and throughout February, March and April we have been selling a home a day on average.

Activity throughout the rental market remains high.  The competitive nature of the market, in conjunction with the wider economic climate, has led to a reduction in average rents over recent months.

Whilst nobody would deny it is tough going to sell your home at the moment, I am happy to say that there are still buyers out there if your property is at the right price.

At Mundys, for instance, we have experienced quite a positive November and December, with many sales going through. One of the reasons for this is that prices have now dropped significantly, generally between 15% and 20%. Prospective buyers are therefore quite rightly looking to purchase now. As I have always said, it is always a dangerous game to try and second guess the exact bottom of the market.

We are delighted to announce the first of Mundys’ new exclusive Village Video Guides are now ready and can be found on the website at http://www.mundys-uk.com/Buying/Village-Video-Guides We have already received very favourable comments and feel sure these guides will be a major help to prospective buyers.

Mundys are delighted to have been shortlisted again by customers for the PSG Estate Agent & Letting Agent of the Year Awards 2009.

There is no doubt the market has substantially improved over the past 3 months and it is now a good time to move home. Properties new on the market at the right price are often finding ready buyers, plus if you are making an onward purchase, there is still an excellent amount of properties to choose from so it is perfectly possible to negotiate a good deal. Mundys still offer help with onward negotiation as a free service to their sellers.

Our in-house HIP provision service has proved particularly popular since the change in the Regulations, meaning a home cannot be offered for sale until a HIP is finished. On average, Mundys’ HIPs have been completed in around 3/4 days, with some available in as little as one day.

Sales have continued to be much improved on last year, with Mundys' sales in the last 2 months,for instance, being up 50%. In particular, we have sold a substantial amount of property under £150,000. The market conditions remain tough, especially for properties in the £250,000 plus bracket, but new Applicants are still on the up and homes coming on the market at the right asking price have a good chance of a quick sale. Prices are stable, although the most sought after homes have risen slightly.