First Time Buyers continue to flood the market

Despite the fast-approaching end to the stamp duty holiday, the number of sales made to first-time buyers rose to 28% - up 8% against July's figure of 20% and a clear indication that demand for property remains high as stock levels continue to drop.

The latest data from NAEA Propertymark has also revealed that during August 37% of properties sold for more than the original asking price.

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SOURCE: Property Reporter

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