Estate agents are starting to smile again as the UK property market starts to rise. Last year at this time estate agents were struggling to sell one home each week, they also had to cut staff. They had people wanting to sell with no one buying – it now seems the other way round. One estate agency in London said that they registered over 300 buyers in one month. Two years the mortgage slump crippled sales and staff went to work away from the property market. As people now start to get mortgages the buyers are back. Many agents have said that parents have been the biggest contributors to the markets as it’s there help in the deposit which allows there siblings to buy a house.

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This entry was posted on Wednesday, November 25th, 2009 at 10:37 am and is filed under General. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.