Monday, 27 June 2011

Low mortgage deals spark 11 per cent leap in buyers - as house prices drop by almost 4 per cent | Mail Online

Low mortgage deals spark 11 per cent leap in buyers - as house prices drop by almost 4 per cent | Mail Online

Interest rates at a record low have sparked a leap of 11 per cent in the number of buyers this month, industry experts say.

Estate agents said low mortgage deals and lower asking prices from sellers has made the housing market more attractive for people on the look-out for a new home.

Property experts Hometrack predict sales will carry on increasing this summer after seeing the highest number of sales in three months.

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