12:18 PM, 21st December 2011, About 12 years ago 2
The Bank of England Agents’ summary of business conditions December 2011 has been released, reporting a “softening housing market”.
First time buyers remain held back due to deposit requirements and home-owners are still wary to trade up due to market conditions. Buy to let investors on the other hand are providing “a source of demand for smaller properties favoured by would-be homeowners unable to buy.”
You can read the full report by downloading this PDF.