You are here: Home - First Time Buyers - News -

Sellers return to the housing market

Written by:
Sellers return to the housing market

The number of new properties listed across the country was up 13.3% in February compared to January, according to HouseSimple.

The online estate agents said that property supply increased in 83.7% of towns and cities as we enter a traditionally busy period for the property market.
In Warwick, the number of new listings rose 76.2%, while in Edinburgh and Carlisle property listings were up 59.7% and 54.6% respectively.  

Supply down

Not all areas saw a boost in supply last month. In Bootle, for example, the number of new property listings fell 12.6%, while Guildford and Salford saw supply drop 12.4% and 8.5% respectively.

Alex Gosling, CEO of, said: “The market needs a boost in supply and it’s encouraging to see that new listings are up in February, albeit that we would typically expect numbers to rise in the coming months as sellers list their properties in time for the Spring market.

“What’s more encouraging is that new stock levels are higher than October 2016 and only slightly short of September 2016, both traditionally strong months for the property market. Now we need to see buoyant listings figures in March and April because the buyers are definitely there, and thanks to the continued competitive mortgage deals still on offer, they are committed to purchasing.”

There are 0 Comment(s)

If you wish to comment without signing in, click your cursor in the top box and tick the 'Sign in as a guest' box at the bottom.

Halifax opens up further advance range

Halifax has made changes to its product range, lowering rates and increasing maximum loan...

Get your head around mortgage fees

The mortgage fees associated with taking out and paying off a mortgage have tripled in the...

Total UK mortgage debt hits all-time high

Households have larger mortgages than ever before, but are they prepared for an interest r...

Guide to borrowing past retirement age

As an older borrower, you may be concerned that a lender will not offer you a mortgage pas...

Mortgage market biased against homeowners

Buy-to-let property investors are unfairly favoured in the mortgage market, an independent...

Should buy-to-let investors ‘go Dutch’?

The Netherlands is revealed as Europe’s top buy-to-let property hotspot

Private sector tenants in poverty double in decade

The number of private rented sector tenants in poverty has doubled in the last decade from...

Large mortgage broker firm launches with fees of over 1%

An insurance firm has launched a mortgage advice service

Second steppers targeting detached properties

Those living in their first home are increasingly looking to reduce the steps to their lon...

Mortgage Calculators

Save money now!

See how much you could potentially save by remortgaging to a different product

How much can you borrow?

A calculator designed to help you understand how much you can borrow towards your property
Read previous post:
How second charge loans can help interest-only borrowers

There are almost three million mortgage borrowers in the UK with interest-only deals, paying back just the interest on their...