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Demand For Property Rose In November

December 13th 2011
By: Melanie
Demand For Property Rose In November

Good news for people selling their houses is that demand for property in the UK rose in November, according to the RICS UK Housing Market survey.

Surveyors reported a 7% increase in new buyer enquiries, which is the third consecutive months increase. This is the first time since the spring of 2010 that the increase has been positive for three months in a row.

New sales have increased, with 14% of respondents reporting an increase in sales. Also the average number of sales per surveyor climbed to 15.4 in three months to November.

A spokesman for RICS, says: “It is encouraging that buyer interest has edged upwards in the face of the endless diet of negative news from Europe and the turmoil in financial markets. However, a meaningful recovery still seems some way off.

“While the proposed mortgage indemnity scheme is clearly likely to provide some assistance for the market and is to be welcomed, its focus on the new build sector will inevitably mean that it only offers support for a relatively small share of the market.”

The property featured could be a perfect home to run a business from,  this is a stunning four bedroom detached family home set in the popular village of Little Hallingbury. The property offers good sized living accommodation and has the added benefit of a large commercial premises in the garden which has 3 phase electricity.

  • EPC Band D
  • Four Bedroom Property
  • Conservatory/Dining Room
  • Double Garage
  • Double Workshop
  • Separate Self Contained Office

Source:Mortgage Strategy