Edward Knight Estate Agents is pleased to report its busiest ever start to a new year, with no sign of the market slowing down.
Terry Dainty, assistant manager, said so far 2014 has been a busy year for both selling and letting houses.
He said: “I think the key to this has been the demand for lower priced properties from both first time buyers and investors.
“The Help To Buy scheme has given many people an opportunity to get on the property ladder who would otherwise have found it difficult to raise the sizeable deposit required to buy your first home.”
Staff at the Regent Street agents have also seen a marked increase in demand from investors over the last six months for properties up to the £125,000 stamp duty level as generally these properties will offer the best return.”
Terry added: “With lower priced properties selling again, this has created a snowball effect through the entire market that we used to see before the recession hit.
“This ensures a consistent selling market through all price ranges.”
“With competition from both investors and first buyers, we have seen house prices increase rapidly in the area, with a national forecast that prices will increase by 8 per cent on average in 2014.”
“We have an in-house whole-of-market mortgage advisor who offers independent financial advice on both Help To Buy and Buy To Let mortgages and a successful lettings department to further advise landlords on making the best purchase.”
Terry said people should buy now before prices increase further. He added: “I have seen numerous instances of several offers being made at the same time on properties from buyers desperate to secure a purchase.”
Telephone (01788) 543222.