Independent Financial Life Planners Bishop's Stortford: First-time buyers surge

Wednesday, 8 February 2017

First-time buyers surge

As independent financial advisors Enable like to be able to support first-time buyers to get their first foot on the property ladder. Recently increasing numbers of first time buyers have been able to take up low cost mortgages in a slightly stalling property market to take their first stem into property suggests a recent report from the National Association of Estate Agents (NAEA).

The report says that in December 2016 first-time buyers made up almost a third of total sales which is not just a 10% increase on the previous month, but the highest number for the month of December in well over a decade. Overall, the sales agreed may have fallen despite the fact that the number of house hunters that actively registered to buy property rose to the highest level seen since 2003 but the number of properties listed for sale by estate agents in December was up slightly from November.

Mark Hayward, NAEA managing director said, “In November we saw a seasonal slowdown as typically it’s uncommon for people to buy and move close to Christmas. Yet, our December findings have completely bucked this seasonal trend,” He added: “With demand at an all-time December high and sales to first time buyers at their highest on record, 2016 closed on a positive note following several months of uncertainty.” If you are looking to try and get a foot on the housing market Enables IFAs can help you look at your overall financial planning as well as support finding the right mortgage options for you.

https://www.propertyinvestortoday.co.uk/breaking-news/2017/1/record-numbers-acquiring-their-first-home

Issued by: Enable Independent Financial Life Planners •  25c North Street, Bishops Stortford, Herts CM23 2LD • Telephone: 01279 755950 - Fax: 01279 657339 Enable Independent Financial Life Planners is a trading style of Enable Independent Limited is authorised and regulated by the Financial Conduct Authority. It is important always to seek independent financial advice before making any decision regarding your finances. If you would like any assistance, please contact us. NOTHING CONTAINED IN THE ARTICLES SHOULD BE CONSIDERED AS GIVING INDIVIDUAL FINANCIAL ADVICE

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IFA Bishop's Stortford

At Enable Independent we know that our clients trust us and rely on our advice to help them to plan a better, more secure financial future. This is a responsibility that we take very seriously especially because we know that many clients have chosen us on the recommendation of friends and family. Each one of our advisers has deep expertise in their area of specialist knowledge and, as a team, we hold some of the highest qualifications available in the financial advice industry.

Our job satisfaction comes from using our skills to find workable, affordable and flexible solutions to meet our clients needs. Whether we are planning for known future funding requirements such as house purchase, school fees or income in retirement - or for the unforeseen such as job loss, long-term illness or early death, our independence from any product provider enables us to view the marketplace impartially. Our training permits us to look beyond a product's marketing hype and select on the basis of its fitness for purpose.