First time buy­ers are back in town

Yorkshire Post - Property - - PROPERTY -

LAST year saw first time buy­ers “march­ing back into town with a vengeance,” ac­cord­ing to Man­ning Stain­ton, who say that Oc­to­ber saw the big­gest surge since the height of the boom in 2007.

The agents adds that the av­er­age sale price across the re­gion in 2013 was £158,481.

“This rep­re­sents a 3% in­crease on sale prices in 2012,” says Mark Man­ning. “We may have ex­pected th­ese num­bers to be higher, but up un­til now lend­ing has re­mained fairly re­stricted for those with­out good de­posits and buy­ers have still had plenty of choice.

“What hap­pens this year will very much de­pend on whether more prop­er­ties be­come avail­able in 2014.”

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