Friday, 24 June 2011

UK lenders continue to let down property buyers

UK lenders continue to let down property buyers

Buyers in the UK are still failing to overcome the significant barriers to home ownership that the current housing market represents, according to the National Association of Estate Agents.

The latest monthly market report from the organisation showed only slight decreases across supply and demand in May. In May, 275 people registered with a branch, compared to 277 in April. However, this is still well above data from a year-on-year comparison, where a figure of 265 was reported for 2010.

The average number of sales agreed per branch stayed at eight for the fourth month in a row. ....

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