Press Releases


A Rise in First Time Buyers - Says Relocation Agent Network

Tuesday 20 August 2013

The number of first time buyers entering the UK housing market continues to rise in 2013 when compared to last year. A recent survey conducted by Relocation Agent Network asked its estate agent members whether they saw an increase in first time home owners this year compared to 2012, with 91% reporting that they had.

According to Relocation Agent Network, nearly two thirds1 of its estate agents indicate that first time buyers have increased by up to 10% in the last 12 months. When asked what the biggest influence is in encouraging more first time buyers to enter the property market, over half of survey respondents (54%) cited increased mortgage availability.

Managing Director of Relocation Agent Network, Richard Tucker said, “Our members have started to see an increase in first time buyers entering the market in the last 12 months, which is great to see. The market remains challenging for some however and we’d encourage anyone wanting to buy a house to contact their local member for help and advice. They are your selected 'Local Experts' and can help you to get on the property ladder.

“Thinking of selling? Network membership also means that your local member has access to potential out of town buyers moving into the area, providing an additional avenue for you to sell your home. Visit http://www.relocation-agent-network.co.uk/search/ to find your local Relocation Agent Network member and contact them today!”

1 62% of Relocation Agent Network member survey respondents indicate that first time buyers have increased between 1% and 10%.

ENDS

For further information, please contact Louise Rachael, Cartus, 01793 756045 or Louise.Rachael@Cartus.com.


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