You are here: Home - News -

Sainsbury’s index shows

by:
  • 21/05/2003
  • 0
While prices may be slowing (see p6), the number of people looking to move is holding up and should...

While prices may be slowing (see p6), the number of people looking to move is holding up and should prevent prices sliding too far, according to Sainsbury’s Bank.

Its Home Moving Index shows that the number of people intending to move between now and September is 6% of homeowners. This remains the same as the number who intended to move between October 2002 and March this year.

The research highlighted that many were realistic about the cooling market and would be prepared to sell for less than the asking price. Only 27% would hold out for their original asking price.

Lucy Hunter, mortgages product manager at Sainsbury’s Bank, said: ‘On a national basis, our research suggests the number of people moving home over the next six months will be similar to those who moved at the end of last year and the first quarter of 2003.


Tags

There are 0 Comment(s)

You may also be interested in

Business Skills

In this section, we offer short ‘how to’ guides on harder to crack areas of business. From social media, to regulation or niche product areas, we cover it all.

Profiles

Our journalists interview key industry entrepreneurs, strategists and commentators for day-to-day market insight and a strategic view of where the industry is heading. We offer lessons for success and explore the opportunities for your business

Success in Practice

Here, we share case studies fleshing out best practice to help you decide what could work for your business. Take a look at how others approached complex tasks like launching a new mortgage lender, advising on a new product area or deciding to specialise in another. Learn from others mistakes and triumphs.

Marketwatch

Each week, we ask top mortgage and property commentators with a unique perspective to examine a key news headline, market move or regulatory or political issue.

Poll

Vote in our weekly poll here. It’s your chance to tell us what you think and be heard on the top news stories of the week. Review our archive to find out what your industry really thinks and all our coverage of the results.

Top Comments

Be part of the conversation on Mortgage Solutions. We want to hear from you. We have a tool called Disqus to tell us which stories get the most comments each week. Every Friday, the team picks the most thoughtful or opinionated contributions from our readers to enjoy again. Don’t forget to share your favourite stories from the site on social media to keep the conversation going.
Read previous post:
Advisers see increase in take-

Foreign climes are proving increasingly tempting for UK property buyers, and creating a growing...

Close