Confidence is highest in London where 20% believe they will purchase a home within the next year; it is lowest in Wales where the corresponding figure is just 2%.
In terms of age, it's the youngsters who are leading the field. Eighteen per cent of those in the 18 to 34 age bracket declare themselves likely to buy, compared with 9% in the 35 to 54 bracket, and just 5% of those who are 55+.
For those unlikely to venture onto the property ladder within the year, the biggest obstacle is lack of a deposit (16%). This is particularly acute for the 18 to 34 year-olds, almost one-third (32%) of whom cited this as their reason for not purchasing.
The latest residential market survey by the Royal Institution of Chartered Surveyors (RICS) reveals the statistics behind the optimism. The number of homes sold in the three months to September 2013 was at its highest level since November 2009. Although the figures are still low by historical standards, RICS global residential director Peter Bolton King believes that: 'It's encouraging that the market is starting to improve in all parts of the country'.
House prices continued on their upward spiral during the period, with 54% more chartered surveyors reporting increases rather than decreases. The north-east was the only region where prices fell: a modest drop for the second consecutive month.
New buyer enquiries were also buoyant; a net balance of 49% of surveyors reported an increase here, a trend which RICS attributes to the Help to Buy scheme. However, only 10% of surveyors received new instructions to sell, demonstrating a worrying imbalance between supply and demand. Bolton King comments: 'This imbalance is likely to result in further upward pressure in prices over the coming months, particularly in the nation's hotspots'.
gibbs-gillespie
Tel 08002425255 
renttoownproperties@consultant.com
0 comments :
Post a Comment