You are here: Home - Uncategorized -

Record househunting figures for July

0
Written by:
08/08/2006

A record number of househunters outnumbered sellers by more than two to one in July, according to property website Rightmove.

The strong figures suggest that house prices could carry on increasing regardless of last week’s interest rate rise.

Over 1.5 million new homebuyers registered with estate agents in the UK last month, the highest number on record, the figures show.

The vast majority of these buyers are existing homeowners, rather than first-time buyers.

Your Move said it estimated that 1.52 m new buyers registered with UK estate agents in July.

However only 633,000 properties are currently on the market in the UK, meaning that buyers are outnumbering sellers by almost 2.5 to 1.

Tagged:

Tag Box

Debt

Pension

Spending

Financial fitness

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Are you a first-time buyer looking for a mortgage?

Look no further, get the help you need by searching for your perfect mortgage

Five ways to get on the property ladder without the Bank of Mum and Dad

A report suggests the Bank of Mum and Dad is running low on funds. Fortunately, there are other options for st...

The essential Your Money guide to the April 2018 tax changes

As we head into the 2018/19 tax year, a number of key changes take place to existing policies while some new i...

A guide to switching energy provider

All you need to know about switching from one energy supplier to another.

What will happen if rates change

How your finances will be impacted by a rise in interest rates.

Regular Savings Calculator

Small regular contributions can build up nicely over time.

Online Savings Calculator

Work out how your online savings can build over time.

Having a baby and your finances: seven top tips

We’re guessing the Duchess of Cambridge won’t be fretting about maternity pay or whether she’ll still be...

Protecting family wealth: 10 tips for cutting inheritance tax

Inheritance tax - sometimes known as 'death tax' - can cause even more heartache for bereaved families. But th...

Travel insurance: Five tips to ensure a successful claim

Ahead of your summer holiday, it’s important to make sure you have the right level of travel cover or you co...

YourMoney.com Awards 2018

Now in their 21st year, our awards recognise the companies offering the best products and services to consumers

Money Tips of the Week

Read previous post:
Cardiff cheapest for students

Cardiff is the most cost-effective place to study, while Cambridge is the least cost-effective according to the Student Living Index,...

Close