UK Housing Market “Gaining Momentum”.

Posted on Feb 21 2008 by admin in UK Housing Market

According to new figures it seems the housing market is beginning to gain momentum.
There has been an 11 per cent increase in January of the number of housebuyers, the National Association of Estate Agents is reporting.
NAEA’s monthly housing survey displayed some interesting results including the increased number of first time buyers who made up for over 14% of all sales.
According to Peter Bolton King, an NAEA chief executive: “The return of buyers and particularly first time buyers early in 2008 marks a significant change in the fortunes of the market.”I am confident that we have just started to see the benefit of [the] first interest rate cut in December and the latest quarter percent decrease in February will further help boost the confidence of all buyers.”
People contemplating moving house should ensure they keep belongings with a reliable, secure self-storage company.

Source: http://www.safestore.co.uk/industry_news/18468686/housing_market_picking_up.aspx

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