Thursday 21 November 2013

UK Housing Market In Recovery Mode

The housing market has continued to recover over the summer. Rightmove confirms that buyer demand for residential properties is now increasing and is expected to keep increasing when the Help to Buy Scheme starts helping purchasers with the mortgage guarantee scheme, starting in January 2014.

Flats are most in demand by first time buyers and buy to let investors, with supply failing to keep up with an increase in demand and hitting their highest ever price level.

Source R & S Magazine