Tuesday, 13 August 2013

Home buyer activity picking up

We were very happy to read that the housing market is on the up.

The Royal Institution of Charted Surveyors (Rics) said that buyers were now returning to the market in their biggest numbers for four years.

The largest rise in activity came in the West Midlands and the North East but we expect things to pick up in Central Beds and some of our strategic partners are saying things are better here too.

the holiday season is always one of our quieter moments. London and the areas around it continued to see the biggest price increases and they generally ripple out to us. its nice to see a revival

the green shoots of recovery are here. this is the first time that everywhere has experienced some improvement so we are confident.

if you are going on the housing market remember quotes are free and check out our Home MOT to check that your new home is safe for your family

Government help for the housing market is probably one reason for the pick-up in activity.

it looks like The Help to Buy scheme, which began in April 2013, might just be working.

(buyers to put down a 5% deposit, and take out a government loan for up to 20% of the value of the property.)

From January next year, it will be extended to help buyers of existing homes, and the government will guarantee a proportion of the loan to give the banks greater confidence to lend.

Last week's announcement by the Bank that interest rates are likely to remain at their record low for several years to come, is also likely to improve the number of cheaper mortgages on offer.

Smile, we believe it going to get better

No comments:

Post a Comment