Archive for September, 2009

A SHORTAGE of homes in Exeter is helping to fuel a mini-boom in the property market.

A number of estate agents are reporting a rise in sales, and a small increase in prices, as more first-time buyers enter the market.

The debate about whether house prices are on the way back up or will continue to fall is in full swing, but home ownership remains out of the reach of a large number of first-time buyers, many of whom are struggling with high rents instead.

Mortgage approvals for property purchases increased last month but the appetite for remortgage deals remains weak, figures released yesterday show.

A raft of positive housing market statistics have been released in the last couple of weeks and have been very welcome indeed.

A statement from the CML revealed that a seasonal fall in lending activity is usually expected in August.