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Agent News: Demand for property continues to be high

See the Mail's pull-out Property supplement in the paper every week.

See the Mail's pull-out Property supplement in the paper every week.

Property continues to be in high demand so far in 2014, according to estate agents Connells.

It has been a strong start to the new year for the local housing market, says the Connells branch at St Mary’s Road in Market Harborough.

The branch team predicts home-buying activity will continue to remain high in the coming months following a buoyant 2013, which saw greater numbers of more active and motivated buyers entering the property market.

As part of its national network of estate agency branches, Connells recorded almost 30 per cent more buyers registering an interest in purchasing a property.

This increase in demand resulted in a 21 per cent increase in viewings of properties for sale and increased competition among buyers vying for the homes available to buy.

“Although we certainly started to see the green shoots of housing market recovery towards the end of 2012, last year saw a significant resurgence of activity, especially from buyers,” said Connells area director Nerys Viner.

“Access to mortgage finance and the Government’s Help to Buy scheme instilled confidence in the market with buyers taking advantage of the increased opportunity to buy a property.”

With 2014 well underway, Connells anticipates it will be another very busy year for the Harborough branch.

The beginning of the year is traditionally a more active time in the property market as sellers often wait until the new year to market their homes.

“We are very optimistic about the year ahead,” said Ms Viner. “The team has already had lots of interest from buyers so we are urging anyone with a property to sell to take advantage of this as soon as possible.”

For more information about the firm, see its website at www.connells.co.uk.

Story by Alex Blackwell

Follow Alex on Twitter, @BlackwellHarb.

 

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