Welcome to Adair Paxton Insights – your trusted source for the latest news, expert analysis, and practical advice on the Yorkshire property market.
With over 165 years of experience as surveyors and property specialists in Leeds, we are uniquely positioned to offer valuable perspectives for buyers, sellers, landlords, tenants, and investors.
Stay informed on local market trends across Leeds, discover tips for whichever area of property interests you, and get updates from the Adair Paxton team. We’re here to share our experience and expertise and to help you along the way.
Selling in 2026? December Could Be Your Smartest Move Yet
It might not be the obvious time to start planning to sell your home, but December is the ideal moment to get ahead. While many wait for the New Year to act, serious buyers are already searching, and competition is lower. From market trends in Horsforth and Moortown to practical advice on preparing your home, we cover what every West Yorkshire homeowner should know right now. Whether you’re upgrading, downsizing or relocating, it all starts with a trusted valuation.
Why December Makes Strategic Sense
Most vendors wait until January to book a valuation, but that means launching at the same time as everyone else. December gives you a quieter window where serious buyers are still active and listings are fewer, making yours stand out.
Rightmove’s data shows a consistent spike in buyer searches between Boxing Day and early January. In fact, their January 2025 report revealed a 26% increase in new property listings on Boxing Day compared to the previous year, with buyer enquiries up 20% over the festive period. This surge in activity can give December listings a valuable head start when competition is at its lowest. Listing in December means you’re ready to catch that uplift while others are still preparing. For properties in high-demand Leeds areas like Roundhay, Moortown, Horsforth and Cookridge, that visibility could mean faster interest and better offers.
Plus, it gives you a chance to prepare well in advance. Whether it’s updating marketing photography, securing a mortgage in principle, or planning a school move, the run-up to Christmas is often quieter in other areas of life, making it the perfect time to focus on next steps.
Serious Buyers Don’t Stop for the Holidays
Contrary to common belief, many buyers remain highly active over the festive period. Relocations, growing families, and job changes don’t wait for the weather to improve. These are motivated buyers, and they’re often working with deadlines.
We’ve seen this time and again at Adair Paxton. The number of valuation requests rises sharply in early January, but those who start early tend to secure stronger interest before the market becomes more competitive. If you want to sell by spring or early summer, now is the time to act.
Buyers who view homes in December often come prepared. They may have sold their property, arranged finance, or be in rented accommodation – all of which speeds up the sale process. By listing when they’re looking, you could benefit from shorter timescales and more committed offers.
What’s Happening in the Leeds Market?
According to the latest Office for National Statistics (ONS) figures, the average house price in Leeds stood at £246,000 in September 2025. This represents a 4.4% increase compared to September 2024, reflecting a steady upward trend in local property values.
This trend reflects ongoing demand across popular family neighbourhoods like Moortown, Roundhay, Adel, Horsforth and Cookridge. These areas continue to appeal to buyers thanks to their green space, school catchments, and strong local amenities. Even with minor seasonal fluctuations, realistically priced homes in these areas are still attracting strong buyer interest.
The Advantage of Early Preparation
Even if you don’t plan to list until January or February, booking your valuation in December allows time to:
- Get expert advice on your property’s current market value
- Plan and complete small improvements that could boost appeal
- Organise your finances and paperwork
- Capture professional photos before the darker days of January
- Line up marketing for when buyer interest spikes
- Discuss timelines and expectations with your estate agent
Preparing early also helps reduce stress. Selling a property involves coordination across several parties – solicitors, surveyors, mortgage lenders, removal firms. The more organised you are, the smoother the process will be when your sale progresses.
Target the Right Audience, in the Right Area
Selling in Horsforth? Family buyers are searching now. Downsizing in Moortown? You could attract younger professionals ready to move quickly. City apartment in Leeds centre? Investors often act before year-end to prepare for the new tax year.
Each area and property type has its own seasonal nuances. At Adair Paxton, we tailor our advice and marketing approach based on your circumstances, ensuring your home appeals to the right buyers at the right time.
Our experienced team knows how to highlight what makes your home stand out. From garden potential to school catchments, modern kitchens to energy efficiency – we focus on the features that matter most to buyers in your area.
Don’t Wait for the Rush, Make December Count
By January, many new listings will hit the market, and buyer attention will be more divided. But December allows your home to shine. The buyers searching now are not window-shoppers, they’re ready to view, offer and complete.
A December valuation gives you breathing space to prepare without pressure. You can decide when to launch based on expert guidance, and your agent can start marketing quietly if preferred, including lining up early viewings and generating interest before the New Year rush.
Remember, the goal isn’t just to list your home. It’s to sell well, and that starts with the right preparation, timing and support.
Final Thoughts
Selling a property is a big decision, and the timing matters. December might feel too early, but the truth is, it’s one of the best times to lay the groundwork for a successful 2026 move.
With 165 years of local experience, surveying expertise, and a clear-eyed view of the market, Adair Paxton is here to guide you through every step. Whether you’re upsizing, downsizing, or relocating, now is the time to start the conversation.
Book your free expert valuation with Adair Paxton today.
Are You Ready for 2026’s New Compliance Rules?
Now that the Renters Reform Act has passed into law, 2026 will bring one of the most significant shake-ups in lettings legislation for a generation. But not everything is happening at once. The changes will roll out in stages, beginning with Phase 1 in May 2026 and continuing into 2028 and beyond.
For landlords across Leeds and Yorkshire, the scale and complexity of reform means that acting early isn’t just wise, it’s essential. Whether you manage one property or a full portfolio, here’s what you need to know.
Phase 1: What’s Happening From 1 May 2026
The first set of changes will take legal effect on 1 May 2026. These reforms focus on tenancy structure, eviction grounds, and rent controls:
- Abolition of Section 21 evictions: ‘No fault’ evictions will be banned. Landlords will only be able to regain possession using Section 8 grounds and must provide a legally valid reason.
- Mandatory periodic tenancies: Fixed-term Assured Shorthold Tenancies (ASTs) will be phased out. All tenancies will become periodic by default, giving tenants more flexibility to end their tenancy with two months’ notice.
- Updated Section 8 grounds: These will be reformed to better protect landlords where a tenant is in serious arrears, commits anti-social behaviour, or the landlord intends to sell or move back into the property.
- Limits on rent increases: Rent can only be increased once per year with a minimum of two months’ notice. Tenants will be able to challenge increases via the First-tier Tribunal.
- Ban on rental bidding: Landlords and agents will not be allowed to invite or accept offers above the advertised rent.
- One month’s rent in advance only: Landlords can no longer ask for or accept more than one month’s rent upfront.
- Anti-discrimination laws: It will be illegal to refuse a tenancy to someone on benefits or with children.
- Right to request a pet: Tenants will be able to request a pet, and landlords must respond within 28 days with a valid reason if refusing.
- Strengthened enforcement powers for councils: Civil penalties will double, and local authorities will be required to report enforcement activity. Rent repayment orders will be extended to superior landlords.
It’s also worth noting that from 27 December 2025, local councils will gain new investigatory powers to inspect properties, demand documents, and access third-party data.
Phase 2: From Late 2026 Into 2028
This phase brings mandatory infrastructure requirements for landlords, which will begin rolling out from the end of 2026:
- PRS Database (landlord register): All landlords must register on the new national portal, providing contact and property details, and uploading compliance documentation (e.g., gas safety, electrical safety, EPC). An annual registration fee will apply.
- Private Rented Sector Ombudsman: A new redress scheme will become compulsory for all landlords, even accidental or single-property landlords. The Ombudsman will offer a route for tenants to escalate complaints and require landlords to engage in early dispute resolution.
The Ombudsman rollout will happen in stages. A scheme administrator will be appointed 12 to 18 months before it becomes law, with full implementation expected in 2028.
Phase 3: New Housing Quality Standards
Although timelines are not yet final, these measures are expected to come into force over the next decade:
- Decent Homes Standard (DHS): Already in place for social housing, the DHS will apply to private rentals for the first time. Aimed at tackling poor housing conditions, it will mandate minimum standards for safety, condition, and energy efficiency.
- Energy Efficiency Upgrade: The government has proposed all PRS homes achieve EPC rating C by 2030, with limited exemptions. This will require many landlords to invest in insulation, heating systems, or other energy improvements.
- Awaab’s Law: Serious health and safety hazards must be fixed within a legally enforceable timeframe. Although implementation is still being consulted on, it will likely bring new compliance pressures.
What These Changes Mean for Landlords
These are not just tweaks to existing regulations. They introduce new legal duties, reduce flexibility, and require a much higher standard of property management. Crucially, compliance will be enforceable and tracked via the PRS database.
That means:
- Landlords must prove they meet obligations with documentary evidence
- Properties will be open to greater scrutiny, with enforcement powers rising
- Self-managing landlords face rising risk if unaware of changing standards
- Possession proceedings may become more complex and time-consuming
The need for legal awareness and operational consistency has never been greater.
More Demand, Tighter Regulation
The lettings market remains strong in Leeds and across Yorkshire, with demand continuing to outpace supply. According to the ONS, private rental prices in Yorkshire and the Humber rose by 3.8% in the year to September 2025.
But while yields may look healthy, the compliance burden is rising fast. The new rules bring not just legal change, but reputational risk and potential financial penalties for landlords who fall behind.
Why Now is the Time to Consider Full Property Management
Preparing for these changes involves far more than updating a tenancy agreement. With full management from Adair Paxton, you benefit from a structured, proactive approach to compliance and tenant care:
- We maintain accurate tenancy records and safety documentation
- We conduct regular property inspections with detailed reports
- We provide 24/7 emergency maintenance for tenants
- We manage communication, rent collection and deposit registration
- We ensure your property stays aligned with changing regulations
Our in-house team is already working to standards that reflect the Renters Reform Act. With over 165 years in the Leeds market and a director-led lettings service, we take the complexity out of your hands and keep your investment protected.
What To Do Next
Waiting until 2026 may leave you little time to act. There are legal, operational, and reputational consequences for landlords who aren’t ready.
Start now by:
- Auditing your current tenancies and legal documents
- Reviewing rent increase policies and recordkeeping
- Assessing whether your properties will meet proposed DHS and EPC requirements
- Exploring management options ahead of the PRS register rollout
If you’re unsure where you stand, our lettings team can help. We’ll conduct a portfolio review, identify risks, and recommend clear steps to prepare you for what’s ahead.
Final Thoughts
The Renters Reform Act is designed to raise standards, but it also adds significant responsibilities for landlords. Self-managing may still be possible but it will require time, expertise and constant attention to detail.
With a fully managed service from Adair Paxton, you gain peace of mind, legal protection, and a team that knows the market inside out.
Book a compliance consultation with our team today or contact our Leeds lettings office to find out how we can help you get ahead of the changes.
What Does a ‘Smooth Sale’ Really Mean?
Selling your home is often described as one of life’s most stressful events, but it doesn’t have to be. At Adair Paxton, we believe a smooth sale isn’t just possible, it should be the standard. With over 165 years of experience in the Yorkshire property market, we’ve helped thousands of homeowners navigate the selling process confidently, calmly, and successfully. Here’s what a truly seamless experience looks like, and how we make it happen.
It Starts with an Honest, Expert Valuation
A successful sale begins with an accurate appraisal. Too often, sellers are given overinflated figures in an attempt to win instructions, but unrealistic pricing can lead to extended time on the market, multiple price reductions, and lost buyer confidence.
At Adair Paxton, every valuation is backed by our surveying heritage and intimate knowledge of the Yorkshire property market. We draw on comparable sales data, local insights and property-specific factors to give you a fair, evidence-based valuation you can rely on. It’s not just about listing high, it’s about getting you sold at the right price, with the right buyer, in the right timeframe.
Our valuations also include an explanation of market conditions and comparable sold prices, helping you make an informed decision. Whether you own a modern apartment in Leeds City or a characterful family home in Roundhay, our tailored advice sets realistic expectations from day one.
Preparation That Sets Your Property Apart
Presentation plays a huge role in attracting serious interest. That’s why we help every client prepare their home for market in a way that enhances its best features and appeals to the most relevant buyers.
From practical tips on decluttering and staging, to arranging professional photography and accurate floorplans, we make sure your home looks its best online and in person. In a market where buyers often scroll listings quickly, those first impressions really count.
We’ll also advise on repairs or upgrades worth doing pre-sale. Whether it’s a fresh coat of paint, tidying the garden, or simply dressing a spare room as an office, small changes can make a big difference to how buyers perceive value.
Every detail matters, and we’ll work with you to make sure your property stands out.
Targeted Marketing That Reaches the Right Buyers
A smooth sale depends on more than just listing your home online. It requires strategic, multi-channel marketing that puts your property in front of serious, qualified buyers.
At Adair Paxton, we tailor our marketing approach to each home. That means professional listings across Rightmove, OnTheMarket and our own website, as well as exposure through email alerts, buyer databases, social media and direct prospecting. We also leverage our strong local network to reach motivated buyers looking for homes just like yours.
We use data to ensure your home is positioned competitively, and our marketing is always supported by quality visuals and clear, compelling descriptions. Our aim isn’t just to generate interest; it’s to attract the right buyer who’s ready and able to proceed.
Clear Communication Throughout
One of the most common frustrations we hear from sellers who’ve used other agents is a lack of communication. We do things differently.
You’ll have a single, senior point of contact throughout your sale. Someone who knows your property, understands your goals, and keeps you informed at every step. From regular updates on viewings and feedback, to clear guidance during negotiations, we make sure you’re never left in the dark.
It’s all part of our director-led, client-first approach. Selling your home is personal, and we treat it that way.
We also make ourselves available when it matters most. You won’t be passed from person to person or left chasing updates. We understand how important clarity is, especially when making major decisions.
Sales Progression Done Properly
Here’s something many sellers aren’t told: agreeing a sale is only half the story. Without strong sales progression, things can stall. That’s where our team comes in.
We don’t step back once an offer is accepted. Instead, we proactively manage the transaction through to completion by liaising with solicitors, surveyors, mortgage brokers and the buyer to keep things moving.
This attention to detail helps avoid common pitfalls, reduce the risk of fall-throughs, and give you peace of mind during the final stages.
It also allows us to anticipate issues before they escalate. For example, if a survey raises queries, we can provide expert guidance and suggest practical resolutions to keep things on track.
What a ‘Smooth Sale’ Looks Like in Practice
Every sale is different, but the principles of a seamless experience remain the same: realistic pricing, strong marketing, clear communication, and active management from start to finish.
A smooth sale is rarely down to chance. It comes from the combination of a clear strategy, local market knowledge, and attention to the details that matter most to buyers. From ensuring the listing stands out in a crowded marketplace, to handling negotiations with care and clarity, it’s the cumulative effect of doing every stage well that leads to a successful outcome. That’s the value of working with a team that understands both the practical steps and the emotional journey behind selling your home.
That’s what a smooth sale really means. And it’s what we deliver every day for sellers across Yorkshire.
Ready to Take the Next Step?
Selling your home doesn’t need to be stressful. With the right support, it can be a straightforward and rewarding process.
At Adair Paxton, we combine experience, expertise and a personal approach to deliver sales that are smooth from start to finish. Whether you’re upsizing, relocating or simply exploring your options, we’re here to guide you every step of the way.
Get in touch with our residential sales team or request a free expert valuation today.
Is Now the Time to Invest in a Second Rental Property In Leeds?
With tenant demand staying strong and new regulation on the horizon, many landlords are wondering whether now is the right time to grow their portfolio. If you already own a rental property in Leeds, a second investment could help you boost returns and build long-term financial resilience. But is it the right move for 2025?
The Current Leeds Rental Market at a Glance
The Leeds rental market remains one of the most active in the country. Strong demand continues to outpace supply in many parts of the city, particularly for well-maintained homes in popular suburban areas such as Horsforth, Moortown and Headingley. City centre apartments also remain in demand, especially among young professionals and postgraduates.
According to the latest Rightmove Rental Trends Tracker (Q3 2025), average monthly rents in Leeds have risen by 6.2% year-on-year, with the average rent now standing at £956. Void periods remain low across the board, particularly for properties close to transport links and key employment hubs.
Yield performance also remains healthy. Rental yields in Leeds range between 5% and 8%, depending on property type and location, with smaller terraced homes and apartments typically delivering the highest returns.
Second Property, Second Income Stream
One of the clearest benefits of investing in a second rental property is the opportunity to create a more robust and diversified income stream. By spreading your investment across two properties, you reduce your exposure to income disruption caused by voids, maintenance issues or tenancy changes.
With interest rates still comparatively stable and mortgage products becoming more competitive again, now may be a strategic time to explore buy-to-let finance options. Speak with a mortgage broker to assess affordability and loan-to-value limits based on your current portfolio.
A second property can also support long-term goals, whether you’re building a retirement income, creating intergenerational wealth, or looking to re-invest returns into property improvements or future purchases.
What to Consider Before Expanding
Expanding your portfolio should always be a calculated move. Here are some key considerations to weigh up before committing to a second investment:
- EPC and compliance: Government proposals around minimum EPC ratings could significantly impact buy-to-let landlords in the coming years. Investing in a property with a low EPC may require upfront spending to bring it up to standard.
- Location and tenant demand: Just because your first rental is successful doesn’t mean every location will perform the same. Use local market insight to understand which areas and property types are currently most in demand.
- Ongoing costs: A second property brings additional responsibilities, from maintenance and insurance to licensing, tax and regulatory compliance. It’s important to budget for both expected and unexpected costs.
- Time and management: Managing multiple tenancies can quickly become time-consuming, particularly if properties are in different areas. This is where professional management can prove its value.
- Capital vs income priorities: Consider whether you’re investing for capital growth, rental income, or a mix of both. Different strategies suit different property types and locations.
If you’re unsure about any of the above, a property consultation with an experienced lettings agent or surveyor can help you clarify your position.
How Adair Paxton Supports Landlords Who Scale
Expanding your portfolio doesn’t have to mean doubling your workload. With our fully managed lettings service, landlords can grow their investment with confidence, knowing their properties are being proactively looked after by an experienced and locally-based team.
We work with new and seasoned landlords alike to help identify properties with strong rental potential. If you’re considering an acquisition, we can advise on:
- Rental yield forecasts based on local demand
- EPC and compliance implications
- Tenant demographics and what they’re looking for
- Ongoing maintenance considerations
- Local pricing and long-term area growth potential
Once a property is let, our team handles everything from marketing and referencing to rent collection, property inspections, compliance updates and maintenance coordination. We also provide detailed monthly statements and access to our landlord portal so you can track performance in real time.
Our in-house surveying expertise means we can also support with accurate rental valuations, refurbishment advice, and future-proofing your property for upcoming legislation.
If your current agent isn’t offering this level of insight or support, it may be time to switch.
A Note on Legal and Tax Guidance
Before expanding your portfolio, it’s important to get independent financial and tax advice. Tax rules around second properties and buy-to-let income have changed in recent years, and you’ll want to be clear on how any new purchase affects your income tax, capital gains, and stamp duty liabilities.
While we don’t offer tax advice, we can help ensure your investment decisions are informed by current market conditions, tenant expectations and compliance requirements.
When Might it Not be the Right Time?
For some landlords, holding off may be the wiser move. If you’re still managing ongoing repairs on your current property, have limited cash reserves, or are approaching retirement without a long-term management plan, a second rental might introduce more risk than reward.
It also may not be the right time if your current property is underperforming and you haven’t yet addressed the cause; whether that’s poor presentation, high management costs, or lack of tenant appeal. At Adair Paxton, we’ll always offer honest advice and can support you in reviewing your existing portfolio before expanding.
Final Thoughts
A second rental property can be a smart investment in the right circumstances. It offers the potential for stronger income, increased portfolio resilience, and long-term asset growth – provided you choose the right property, in the right area, and with the right team behind you.
At Adair Paxton, we’ve been supporting landlords in Leeds since 1859. Our lettings and management team is here to offer straightforward advice, accurate valuations, and proactive support every step of the way.
Ready to explore your options?
Speak to our lettings experts or request a free rental valuation today.
Why Good Tenants Choose Great Landlords
Landlords often focus on finding tenants who pay on time, take care of the property, and stay for the long term. And rightly so, reliable tenants are the foundation of any successful rental investment. But here’s what’s often overlooked: the very best tenants are just as selective about landlords as landlords are about them.
In today’s rental market, tenants have more insight, and higher expectations than ever before. Winning and keeping the right tenants requires more than simply listing a property and waiting for the enquiries to roll in. It takes a thoughtful, professional approach that puts tenant experience at the centre.
What today’s tenants expect
Renters in 2025 aren’t just looking for a roof over their heads. Many are long-term renters by choice, not necessity. They’re professionals, families, and retirees who value stability, comfort, and service. With the private rented sector continuing to grow, tenant standards are rising too.
Modern tenants expect:
- Prompt responses to maintenance issues
- Transparency around costs and responsibilities
- Safe, well-maintained homes
- Professional, respectful communication
- Efficient, digital-friendly processes
Tenants now research as carefully as buyers do. They read online reviews, ask for recommendations in local networks, and compare landlords and agents before committing. Those who invest in the tenant experience are rewarded with stronger applications and fewer voids, and avoid the risk of being overlooked entirely.
It’s not just about the rent
Affordability matters, but most good tenants aren’t just hunting for the lowest rent. They weigh up what they get for the rent they pay – the property condition, the landlord’s responsiveness, and the overall rental experience.
A competitive rent is meaningless if maintenance issues are ignored or communication is poor. Conversely, tenants are often willing to pay slightly more for a home that feels well cared for, managed professionally, and run without unnecessary hassle.
Factors tenants consider include:
- The overall condition and presentation of the property
- Location and access to schools, transport, and amenities
- How easy it is to report and resolve issues
- The clarity and fairness of the tenancy agreement
- Whether the property feels like a home for the long term
Why property condition matters
First impressions count. A well-maintained property doesn’t just let faster; it attracts better tenants. Tenants quickly form opinions based on the presentation of a home, whether online or at a viewing.
Simple improvements can have a big impact:
- Freshly painted rooms
- Professionally cleaned or updated flooring
- Working, modern fixtures and fittings
- Reliable heating, lighting, and appliances
These details don’t just boost tenant confidence; they also protect your investment by reducing emergency repairs and long-term wear and tear. A home that feels cared for is one that tenants are more likely to respect.
Communication builds trust
A landlord’s reputation often comes down to one thing: how well they communicate. Most tenants don’t expect perfection, but they do expect clarity and respect.
Best practice includes:
- Responding to maintenance requests within 24–48 hours
- Confirming changes or agreements in writing
- Providing at least 24 hours’ notice before entering the property
- Keeping conversations polite and professional
Even busy landlords can set expectations around response times, or partner with a trusted managing agent to ensure consistency. In lettings, good communication isn’t optional, it’s essential.
Retention is more profitable than turnover
Every change of tenant comes with costs – lost rent during voids, advertising, agency fees, and fresh maintenance or cleaning. Retaining a good tenant eliminates these expenses and provides reliable income.
Better still, tenants who feel respected are more likely to renew, recommend you, and leave positive feedback. A strong reputation helps you attract new tenants in the future, reducing the time your property spends on the market.
Why reputation matters
In the age of online reviews, word travels fast. Tenants often Google landlords and agents, browse review sites, or ask in local forums before applying for a property. A single poor experience can deter multiple applicants.
Building a positive reputation isn’t about bending over backwards, it’s about being consistent, fair, and professional. Small actions like thanking tenants for renewing, handling disputes calmly, and ensuring smooth handovers make a big difference.
Adapting to a changing rental market
The rental market in Leeds is dynamic, shaped by trends such as hybrid working, affordability pressures, and evolving tenant priorities. That means demand isn’t static, and neither should your approach be.
For example:
- Properties with home office space are increasingly popular
- Locations with strong transport links remain in high demand
- Flexible lease terms appeal to professionals and families alike
Understanding these shifts helps landlords stay competitive. A property that meets current tenant needs will always secure stronger applications.
How Adair Paxton helps landlords succeed
At Adair Paxton, we know that good tenants choose good landlords – and great tenants choose great ones. With over 165 years in the Leeds property market, we’ve built our lettings service around transparency, professionalism, and care.
We provide:
- Accurate, evidence-based rental valuations
- Professional marketing that showcases your property at its best
- Rigorous tenant selection processes
- Ongoing management covering compliance, repairs, inspections, and renewals
Our team builds and maintains strong tenant relationships on your behalf, helping you avoid voids, safeguard your property, and maximise returns.
If you’re ready to let your property in Leeds or the surrounding areas, speak to our lettings team today. We’ll help you attract the right tenants, and keep them for the long term.
The Hidden Cost of Overpricing Your Home
When you’re preparing to sell your home, it’s natural to hope for the highest possible return. But there’s a big difference between a well-informed asking price and an unrealistic one. Overpricing can lead to longer time on the market, lower offers, and ultimately, a more stressful move.
In today’s digital-first market, buyers are well-informed and have access to real-time property data. They know what homes are selling for, and they know when something is overpriced. Getting your price wrong at the outset can be a costly mistake.
If you’re selling in Leeds and across Yorkshire, understanding the risks of overpricing is key to setting yourself up for success.
Why do sellers overprice?
It’s a common scenario, sellers setting a price based on hope rather than data. The most frequent reasons include:
- Emotional attachment to the home
- Wanting to recover renovation costs
- Trusting online valuation tools without deeper analysis
- Receiving inflated valuations from agents keen to win instructions
Online tools like Zoopla or Rightmove can be helpful as a starting point, but they don’t always reflect the true condition of your property, recent local sales, or market sentiment. It’s easy to see why sellers are tempted to go high, especially if they’ve poured time and money into renovations, or if they’re aiming to fund a more expensive purchase.
Whatever the reason, pricing too high in a cautious market can stall your sale before it begins. And if your home sits on the market too long, that early momentum is hard to get back.
Common pricing myths
There are a few beliefs that regularly trip up sellers:
“We can always drop the price later.”
Technically true, but not without consequences. The first few weeks on the market are when your home will get the most attention. This is your property’s moment to shine — it appears in alerts, on search portals, and in email updates. If buyers don’t engage with it then, dropping the price later won’t bring back that initial buzz.
“Buyers will negotiate.”
Some will. But many won’t even arrange a viewing if the price seems unrealistic. With filtered search functions and comparison tools, today’s buyers are laser-focused on value. If they feel a home is overpriced, they’re more likely to scroll past than book a viewing.
“My area is always in demand.”
Even in highly desirable areas like Roundhay, Moortown, or Horsforth, market dynamics still apply. Leeds is a vibrant city, but local price sensitivity remains. Overpricing can make nearby homes look like a bargain, and encourage buyers to focus elsewhere.
The impact of pricing too high
The effects of overpricing ripple far beyond just receiving fewer enquiries.
- Your property may miss the attention of the right buyers. If it’s priced outside their search range, they may never see it.
- It may linger unsold and develop a “stale” perception. Properties that sit on the market too long often raise red flags.
- Mortgage valuations can fall short, causing delays or even failed sales if lenders don’t agree with the agreed price.
Buyers are savvier than ever. They can see sold prices, get instant valuation estimates, and set price alerts. If your property doesn’t stack up, it’s often dismissed without a second thought.
Over time, unsold listings can feel “tainted”, even if the issue was just pricing. A reduction helps, but it doesn’t always reset buyer perceptions. In many cases, homes end up selling for less than they might have if priced correctly from the outset.
How to recognise an unrealistic valuation
Not all high valuations are incorrect, some homes do justify a premium. But if one agent’s figure is notably higher than others, it’s worth asking why. Key questions include:
- Have they shown evidence of recent, comparable local sales?
- Are they taking current market shifts into account?
- Do they understand your home’s layout, finish, and unique selling points?
A good agent won’t just give you a high figure to win your instruction. They’ll back their valuation with data, local experience, and a reasoned explanation.
At Adair Paxton, our valuations are always grounded in evidence. With a background in chartered surveying and over 165 years of local market knowledge, we provide honest, realistic advice that sets you up for success.
What if you’ve already overpriced?
If you’re already on the market and not seeing the results you hoped for, don’t panic. Many sellers find themselves in this situation, the key is to act quickly and strategically.
Here’s what we recommend:
- Review feedback from viewings and online performance
- Reassess your price compared with similar homes under offer
- Talk openly with your agent about how your listing is being received
- Refresh your marketing with new photos, wording, and price
Sometimes a complete relaunch (treating it like a brand-new listing) can reinvigorate interest. At Adair Paxton, we regularly help sellers, who have been on the market with other agents, reposition their home for better results.
Even small changes can have a big impact. The goal is to regain momentum and attract motivated buyers who are ready to proceed.
The power of realistic pricing
When a property is priced accurately, the difference is noticeable:
- More online clicks and physical viewings
- More engagement from serious buyers
- More offers, closer to the asking price
- Fewer delays or renegotiations due to mortgage valuation issues
A fair price builds trust. Buyers are reassured that the seller is realistic, and this often leads to smoother negotiations and faster completions.
In today’s market, that’s more important than ever. While mortgage rates have stabilised in 2025, they remain higher than many buyers are used to. As a result, affordability is still under pressure. Buyers are cautious, they have firm budgets, and they’re unlikely to overstretch for an overpriced home, especially if they don’t need to move quickly.
By pricing correctly from the start, you position your home as a serious contender. You create competition, urgency, and, most importantly, confidence.
Honest valuations from Leeds property experts
At Adair Paxton, we believe in getting the foundations right. And that means giving honest, informed valuation advice you can rely on. We don’t inflate figures to win instructions, instead we provide realistic, evidence-based pricing that reflects what your property is truly worth in today’s market.
Our valuations are backed by decades of experience and delivered by professionals who live and work in Leeds. From Horsforth and Adel to Moortown and Roundhay, we understand the local trends that impact your home’s value.
And when it comes time to launch, we back that valuation with expert marketing, high-quality photography, and a director-led service that stays with you through every stage of your sale.
If you’re thinking of selling – whether you’re upsizing, downsizing, or relocating – start with a valuation you can trust.
Request your free market appraisal today.
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