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Number of properties on the UK market now on the increase

By z4027672030, Aug 3 2015 08:43AM

Following a slump in the number of properties on the market in recent months, the number of properties coming on the market has increased nationally by a rate of 7.1 percent, as a result of the total number of properties available rising in two-thirds of the UK’s cities and large towns.

The results were part of the Property Supply Index, calculated by online estate agent, who examined the number of new properties listed on property portals across over 100 towns and cities across the country.

Assessing the statistics, Alex Gosling, HouseSimple’s chief executive said that the rising number of properties for sale should lead to a rebalancing of supply and demand, meaning that it is possible that property prices may also improve.

If you’re one of the many people now putting their property on the market, you will also need to undergo the legal process of conveyancing, which involves the transfer of deeds to the property from seller to buyer, as well as a number of checks relating to the property and its land. Taylors Solicitors are a firm of conveyancing solicitors in Ilfracombe and Braunton, here to help with all of your conveyancing and property law needs.

Image: M J Richardson, available under Creative Commons

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