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New report shows estate agent use rising

Posted by news desk in Local News, 27th April 2009, 12:58pm

The number of people registering with estate agents shot up by more than 12 per cent between February and March, but last week’s budget will not impact heavily on the market, according to a market report by the NAEA.



The report indicated that registrations moved up from 240 per agent in February to 268 in March.



Chris Brown, president of the association, said: “The chancellor’s announcement on mortgage guarantees will hopefully assist these people to translate their interest into a purchase.



“There is no justification for responsible people being denied access to appropriate finance, and with luck this should help reverse that situation, which has stagnated the market over the past 12 months,” added Brown.



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