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Estate agents’ books start to fill up

Estate agents can breath a sigh of relief as the number of house hunters on their books improves.

A reported average of 249 house buyers were on estate agents’ books in March this year, according to the National Association of Estate Agents.

The figure is marginally up on February’s 243, but down on last year when 385 buyers were on agents’ books.

The number of property viewings per agent meanwhile was up from 13 in February to 14 in March.

Agreed sales that fell through increased from 8.6% in February to 10.3% in March.

The NAEA believe the reason for the expnding books is the recent intervention from the government and The Bank of England.


KGB sees 30% rise in volume

KGB Packaging has seen a 30% rise in the volume of cases submitted by brokers during the past month, compared with its monthly average for 2008 so far.

Abbey withdraws from B2L

Abbey has withdrawn from the buy-to-let market temporarily to focus on residential business.

Recession virgins worried about negative equity

Nearly 25% of home owners between the ages of 24 and 34 are fearful of negative equity as a result of falling house prices, says consumer website’s research also finds that one sixth of this group are so worried about falling property prices that they have their estate agents on speed dial.These home owners, […]

A bull case for US equities?

Neptune video: a bull case for US equities?

Watch Felix Wintle, head of US equities at Neptune, discuss why he believes US equities are in a structural bull market and the key factors that can drive the S&P 500 higher.

In the video, Wintle addresses the following:

• The US market and why — despite equities rising from 2009 — he believes the structural bull market only started in 2013
• Key economic and corporate factors that can drive the S&P 500 higher
• Investment themes and sectors offering exposure to the domestic recovery


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