Decision Homebuyers Comment On First Time Buyers Deserting The Housing Market
Decision Homebuyers, one of the UK's most trusted and flexible home buying specialists, comment on the worrying trend that suggests first time home buyers are deserting the UK housing market.
[UKPRwire, Tue Jan 19 2010] Decision Homebuyers, one of the UK's most trusted and flexible home buying specialists, comment on the worrying trend that suggests first time home buyers are deserting the UK housing market.
The National Association of Estate Agents has released figures for December 2009 that are sending waves of panic throughout the housing industry. According to the statistics, only 19% of December's sales were from people looking to buy their first house - the figure was a much healthier 43% only six months ago.
This figure suggests that first time buyers are keeping away from the housing market, and the figures worryingly match those released in December 2008. The decline has been accredited to factors such as the impending end of the stamp duty exemption scheme, and the open secret that mortgage companies are withholding liquidity from many first time buyers.
"This is alarming news not just for the industry, but for first time buyers as a whole who dream of owning their first property," says Laurence Smith of Decision Homebuyers. "There are signs of a possible rebound at the start of 2010 and we hope it occurs, as first time buyers are crucial for the overall health of the housing market. We at Decision Homebuyers are always available for clients to approach if they have any questions about the health of the general market, or if they're looking to sell a house quickly."
To find out more about Decision Homebuyers and their services please call 08456 341 456 or visit: http://www.decisionhomebuyers.co.uk/
Established in 2006 and specialising in fast property purchase, Decision Homebuyers are experts in their field. Decision Homebuyers can buy your house fast and guarantee to make cash offers on all types of residential and commercial property, no matter what the condition.