Housing demand is on the up

24 May 2013

The government’s Help to Buy and the Funding for Lending schemes are reported to be increasing the demand for houses.
Research from the Royal Institute of Chartered Surveyors (RICS) revealed that demand has reached a three year high. This can partly be attributed to the impact the government schemes have had on the market. Their research has shown that 25% of surveyors have reported more interest in property. Houseladder.co.uk reported that sales are expected to carry on climbing over the coming months as enquires from first time buyers continue their upward trend.
Peter Bolton King, Global Residential Director at RICS, said: "Help to Buy in combination with the Funding for Lending scheme appears to be giving the market a shot in the arm."

The government’s Help to Buy and the Funding for Lending schemes are reported to be increasing the demand for houses.

Research from the Royal Institute of Chartered Surveyors (RICS) revealed that demand has reached a three year high. This can partly be attributed to the impact the government schemes have had on the market. Their research has shown that 25% of surveyors have reported more interest in property. Houseladder.co.uk reported that sales are expected to carry on climbing over the coming months as enquires from first time buyers continue their upward trend.

Peter Bolton King, Global Residential Director at RICS, said: "Help to Buy in combination with the Funding for Lending scheme appears to be giving the market a shot in the arm."

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