Sellers told that there has been an increase in buyer enquiries

Posted: 15 Jul 2008 13:07:42 GMT

Those wanting to sell their property will be pleased to hear that despite the economic downturn there are a number of would-be-buyers that area showing interest in the housing market.

That is according to the latest Royal Institute of Chartered Surveyors (Rics) UK survey.

Although there has been a fall in the number of consumers able to get on the housing ladder due to tighter lending criteria, there has also been a significant improvement in buyer enquiries.

Sellers should be buoyed by the fact that 35 per cent more Chartered Surveyors reported a fall in buyer enquiries compared to 50 per cent in May and 69 per cent in April.

Jeremy Leaf, Rics spokesperson, said: "There are always opportunities for investors and buyers to profit and some are starting to circle for bargains."

The survey shows that there are also a number of buy-to-let investors who are looking to enter the market.

© Houseladder Ltd


Selling or Letting?
Advertise Your Property FREE. Reach over 400,000 Buyers and Tenants every month!

FREE Property Guide
How To Sell, Buy, Let or Rent Property FASTER. Essential Reading for the credit crunch!

Financial Worries?
Tired Of The Rat Race? Want a Solution? Need a Second Income?
Watch This Video