The Signs are Good !
By The Beresfords Marketing Team - 03 August 2009
For the past 4 months we have witnessed:
- Number of applicants registering up 42%*
- Number of first time buyers registering up 47%*
- Number of accepted offers up 57%*
- Number of viewings up 51%*
*compared to the last quarter in 2008
Mortgage approvals by the major banks increased to a 15 month high in June, according to the British Bankers' Association. The figure reflected the banks' increased ability to lend and was 65% up on the same month a year earlier.
Average house prices rose month-on-month for the first time in June since January 2008, according to the Land Registry. The survey is considered to be the most authoritative property price survey because it measures the change in prices by recording completed sales rather than mortgage data.
Now really is a good time to make that move!