Wednesday, 19 January 2011

Busy home buying period, despite finance hurdles

Finance still remains one of the biggest hurdles to home buyers and sellers in the UK. The latest report from the Royal Institution of Chartered Surveyors published this week showed that the property market remains mixed.


December sales were made more difficult due to the impact of the snow. However at Intercounty we experienced a very busy period last month and this month, despite predictions and concerns of a slow down in 2011.


In the three months to December, the average number of completed sales per surveyor stabilised at an average of 15.2, up from 14.8, says the RICS UK Housing Market survey.


More positively, surveyors’ expectations for sales over the coming months edged up, with 8% more expecting sales to increase rather than decrease, up from 6% in November. Many respondents suggested that the market would begin to pick up again in the Spring.


The key issue now seems to be making mortgage finance more readily available. If you would like more information about some of the great January and February mortgage deals that we have on offer, then contact our team today on 0845 073 6628, for no obligation advice.

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