New Home Owners And Snagging Forum

Home Owners => House Prices and the housing market => Topic started by: The Prophet on May 29, 2012, 09:09:28 am

Title: Rise in site visits and reservations.
Post by: The Prophet on May 29, 2012, 09:09:28 am
Whilst the London property market has been helped by demand from rich overseas buyers in the rest of the UK residential property market remains stagnant at best.

In the new-build sector, house builders have reported strong site visits and more reservations. 
This should be viewed as a market weakness, with large numbers of buyers remaining dependent on artificial incentives to enable them to buy a home.
New homes have these with 'NewBuy' for example, but they are not available for the rest of the market.