Nick Millican is a highly accomplished personality in the London real estate industry. He is the CEO of a leading real estate company in the city and has garnered extensive experience over the years working for Rockpoint Group LLC and Citi. Due to his aptitude in investment management, he is among the most recommended individuals for property sellers and investors.

Especially during the current housing market crisis. Selling a house in London has become more challenging in recent years. According to reports, it now takes approximately 71 days to sell a house, which is significantly longer than it used to take. This, Nick Millican informs, is despite the tremendous decrease in property prices over the past few months.

For instance, from November to December this year, the overall cost of a house has dropped by about £6,238, with most houses going for £355,177 instead of £362,143, Nick Millican adds. This has put property sellers in a challenging position as they have to resort to desperate measures like significantly reducing the price of their properties to stay ahead of their competitors and attract potential buyers.

However, according to a report by Moneyfactscompare.co.uk, mortgage rates have fallen by approximately six percent. This news brings some hope to property sellers as lower mortgage rates usually encourage more people to invest in properties. In such a situation, Nick Millican, who has multiple connections and functional networks, takes several steps to help his clients. 

Firstly, Nick contacts his various partners to assist his clients in finding buyers who offer the best prices for the highest profits. Additionally, he negotiates mortgage rates on behalf of buyers to entice them. This approach puts Nick’s property-selling clients at a significant advantage.