Naea
The National Association of Estate Agents (NAEA) market report for February showed that property sales rose to their highest level in four months last month.
The government is unlikely to give first-time buyers a last minute reprieve and will remove the first-time buyer tax break in March, said 82% of brokers.
In further evidence first-time buyers have pushed to complete on homes ahead of the end of the Stamp Duty holiday, estate agents say nearly a quarter of all January property sales were made to first-timers last month.
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Housing experts are calling on the government to extend its Stamp Duty concession for first-time buyers (FTBs).
The seasonal slowdown at the end of last year had its customary impact upon the UK housing market.
The UK property market will stage a ‘gradual’ recovery in 2012, according to the National Association of Estate Agents (NAEA).
The number of sales to first-time buyers fell to its lowest level in nearly three years last month, report estate agents.
Uk househunters have reached their highest average levels for four years, the National Association of Estate Agents (NAEA) has reported.
House prices in England and Wales increased 1.3% in June compared to May to an average of £163,049, according to the Land Registry.
July recorded a sharp increase in the number of people enquiring about properties to purchase across the UK, according to the National Association of Estate Agents (NAEA).
The number of people selling their home leapt to its highest level in more than two years in June, as confidence in the market returned, according to the National Association of Estate Agents (NAEA).
The proportion of house sales made to first-time buyers rose to 24% in May, up from 21% in April, according to the National Association of Estate Agents (NAEA).
The number of property enquiries rose sharply in March to its highest level in eight months, according to the National Association of Estate Agents (NAEA).
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