The National Association of Estate Agents (NAEA) has added its voice to growing calls for first time buyers to be assisted in their attempts to secure borrowing for a mortgage. The association's figures show that the amount of enquiries by would-be homeowners has increased by 20 per cent since January. "These are people who want to buy property," said Peter Bolton King, chief executive of the NAEA. "It is crucial that they are able to translate this returning confidence into completed sales." It comes just days after the Royal Institute of Chartered Surveyors revealed that buyer interest is at its highest level for two years in some regions. Furthermore, with just weeks to go until the 2009 Budget, the Government was urged yesterday to resurrect mortgage indemnity guarantees by The Association of Mortgage Intermediaries to kick start the property market.
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