The material on this website is for information only
and is not intended as any recommendation or endorsement of any products or companies mentioned. We are not licensed by the FSA to give financial advice, and none of the material on this website constitutes or is intended to constitute financial ...
News
Telegraph.co.uk£89 for unwanted softwareTelegraph.co.ukI have a John Lewis & Waitrose Partnership card with which I make most of my credit card purchases. Four months ago I was debited with £89 with a merchant reference I did not recognise. I queried this with the card provider and the £89 was refunded ...and more »
This is MoneyFUND FOCUS: Law Debenture is a law unto itself – the global trust with a split personalityThis is MoneyBy Personal Finance Reporter For The Mail On Sunday ... Now, the corporate services arm's activities range from acting as independent trustees for company pension schemes through to offering a whistleblowing facility for employees if they are aware of ...
This is MoneyJEFF PRESTRIDGE: How six workers who lost their jobs after their employers went bust stopped a pensions abyssThis is MoneyOn Wednesday, while the heat was intensifying on Sir Philip Green to plug the gaping hole (a £571 million hole) in the BHS pension scheme, six middle-aged gentlemen were quietly allowed into the armed courtyard of 10 Downing Street. Their mission, to ...MPs invite Sir Philip Green to answer questions over BHS collapsePoliticsHome.comBHS - The 'Dead Store Walking' That Never Really Had a ChanceHuffington Post UKall 35 news articles »
Telegraph.co.ukNegative rates are bad for everyone - just ask Sir Philip GreenTelegraph.co.ukTo many of us, it's been obvious for a long time now that ultra-low interest rates are doing more harm than good, driving up house prices and mortgage debt for no particular benefit to consumption and business investment. Quite the reverse, in ...JON REES: What was Sir Philip Green thinking and why did we not learn when Comet went bust after being sold for £1?This is Moneyall 31 news articles »
Personal Account: If you want a pension done properly, DIYThe Sunday TimesProbably the biggest personal finance change in living memory is the recent requirement for almost all of us to think about how we will pay for our final years. When I was young, many otherwise well-informed folk believed that paternalistic employers ...
Have you met...
Latest Members:


Tania Bae


peuores


DeanWatriama


afnan36


girlagogo


aksawy


walaa

 

General News

Email this story to a friend:

House Sales remain high

In June the average agent continued to make strong sales, despite having fewer properties available for sale.
13-07-2009
According to the National Association of Estate Agents (NAEA) agents also reported that buyers are increasingly prepared to pay what a seller asks for a property – after the difference between asking and selling prices shrank to just 1.9 per cent – down from a 6.3 per cent difference in June.
 NAEA President Gary Smith said: “The housing market is in a far stronger position than it was 12 months ago. After several months of continuous improvement the market stabilised in June, ahead of an expected seasonal dip throughout the summer. The Government should scrap Home Information Packs and must pressure banks to ensure lending is available. We know that there is demand for property and that our professional agents are successfully finding buyers for their clients’ properties. It is in the interests of the UK as a whole that the upturn in the housing market that has been noted in the first half of 2009 is sustained and nurtured into a full recovery. The Government must do more to ensure that money that has been given to banks finds its way through the system and into the housing market.”
 
The average estate agent had 290 house hunters registered in June, down from 299 in May. They had 64 properties for sale, down from 69 in May and a high of 100 in December 2008. However agents continued to make sales, with the average professional agent selling 10 homes in June for the third month in a row, double the amount sold during the worst of the market downturn in August 2008.
 
Last week an independent survey commissioned by the NAEA found that almost a quarter of people – 22.5 per cent – are unable to find a mortgage that they qualify for anywhere in the market. And 56 per cent of those polled believed that a combination of relaxed restrictions and lower deposit requirements would increase the chance of them buying a property.

Advertise with us  |  Privacy  |  Terms & Copyright                                                                                     Website maintained by USP Networks