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    House purchasing "appetite" increasing


    House purchasing "appetite" increasingAn increasing number of people are looking to purchase a home, it has been suggested.

    Since the start of this year, moneysupermarket.com reveals that the proportion of consumers visiting its site on the search for a mortgage with which to buy a property has risen by a fifth.

    Remortgaging searches, meanwhile, are down by a third.

    "Our figures provide fresh evidence that appetite to buy a house is coming back into the market," Hannah-Mercedes Skenfield, mortgage spokesperson for moneysupermarket.com, states.

    She adds that both those first-time buyers who have been able to save up an adequate deposit and existing property owners wishing to advance up the housing ladder "may therefore be looking to take advantage of the current low price environment with a view that prices cannot fall any further".

    As such, existing owners looking to sell may want to consider carrying out DIY in order to boost the attractiveness of their home to would-be buyers.

    Meanwhile, recent Hometrack research revealed that following three successive months of house values staying static, a 0.1 per cent rise took place in August, the first increase to have been seen for two years.ADNFCR-2244-ID-19350694-ADNFCR

    N.B. The information contained in this story is provided by the supplier and does not necessarily reflect the views and opinions of lets-do-diy.com.


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