Housing Market Sees Demand for Property Buyers Services in North of England Rise, as North South Property Division Widens

LONDON, September 12, 2012 /PRNewswire/ --

Owing to the current state of the housing market and the increasing divide in house prices between northern and southern England, QuickBuyers have been experiencing a surge in business in the North, from people who want to sell their house fast as prices continue to steadily drop. Owing to perceived values of property not being attainable via the traditional route of an estate agent and the lengthy waiting times that this can also entail, many people are now turning to national home buyers to make a quick house sale.

Figures from the Land Registry show an average increase in house prices of 8% across the board. The annual price change now stands at 0.3%, bringing the average house price in England and Wales to £162,900. From February to May 2011 there was an average of 46,531 sales per month. In the same month a year later the figure was 49,343.

House prices in London have continued to rise by 2.7% in the month, with an overall annual increase of 6.5%, making the average selling price in London £367,785. In the North West and North East, however, prices have fallen by 1.7% and 2.1% respectively, with an average house value of £109,235 and £98,557.

First-time buyers are finding it increasingly difficult to secure mortgages and the economy as a whole is struggling - as a result, the housing market is currently stagnant. If you want to sell your home fast, then a cash-for-property company can provide the solution to help in these difficult economic times.

Jon Jones, Managing Director of QuickBuyers, said, "We have seen a sharp percentage rise in the number of customers in the North of England looking to sell their property quickly. This we think is largely due to the stagnant housing market in the North of the country."

Jon Jones went on to say, "As a national home buyer, we get a geographical picture of the UK property market and our business performance statistics coincide with the Land Registry's, which would suggest that properties in the North are struggling to sell, more so than elsewhere in the UK."

More and more people are finding the benefits of using companies like QuickBuyers more attractive than going down the traditional route of an estate agent, as they can receive a cash offer for their house in 24 hours and in a variety of circumstances, this option can be the best for the homeowner.

With the housing market's future outlook remaining bleak, the UK home owner will continue to find selling their property testing. Quick House Sales may be a thing of the past, especially for now in most areas North of Watford.

SUMMARY

QuickBuyers, the national property-buying company, have recently undergone an overhaul of their brand identity. The new rebrand focuses around a new, fresh, content-rich website that aims to inform customers of the pros and cons of selling a house quickly.

NOTES TO EDITORS

• http://www.quickbuyers.co.uk offers UK property owners a fast house-buying service which is able to offer a cash valuation in 24 hours. QuickBuyers can complete a property purchase within a 14 day time frame.

SOURCE QuickBuyers