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‘Translate enthusiasm into sales’- estate agents

‘Translate enthusiasm into sales’- estate agents

Category: Mortgages

Updated: 13/03/2009
First Published: 13/03/2009

MONEYFACTS ARCHIVE
This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

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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