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New buyer enquiries soar 82% at Countrywide  

Countrywide Estate Agents, the UK’s largest estate agency network, saw new buyer enquiries rise by 81.7% in Jan 2010, compared to December 2009.

Property instructions also rocketed by 107% in January 2010, compared to December 2009, with house sales increasing by 20% in January 2010 compared to the previous year.

Grenville Turner, chief executive of Countrywide, says the final weeks of the Stamp Duty holiday in December pushed through hundreds of sales but a new wave of buyers and sellers have come through in 2010, which has caused a sharp increase in demand.

He says: “New buyer enquiries rose by 81.7%  in January 2010 while viewings increased by 50% compared to December 2009.

“Sellers are finally returning to the market, with the number doubling in January and sales are up 20%, while house prices have increased by 15.5% on last year.

“This strong demand is a good indicator and highlights a renewed sense of consumer confidence, which gives us an idea of what the market might look like in the coming months.”


BSA advises society bosses on how to respond to awkward questions

The Building Societies Association has written to the chief executives of mutuals offering guidance on answering tricky questions about potential losses. As societies gear up to reveal their annual results for 2009 the BSA is offering them answers to questions such as ’Do you have to consider a merger with another society?’ and ’Shouldn’t your […]

Can UK companies satisfy global appetites?

By Mark Martin, Manager of Neptune UK Mid Cap Fund

Rapid economic and income growth is leading to a dramatic shift in diet towards protein products right around the globe. UK companies such as Genus, the world’s largest livestock breeder, are benefiting from this increasing demand. Mark Martin, manager of the Neptune UK Mid Cap Fund, discusses this investment theme.


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  • h 16th February 2010 at 2:28 pm

    the part where they keep the repo for themselves

  • Roger Pettit 16th February 2010 at 2:20 pm

    House prices up by 15.5%….and which part of London is this???!!! LOL