subject: For Sale By Owner House Sales Increasingly Popular In The Uk. [print this page] In the USA FSBO house sales have been 10 to 12 percent of the transactions a figure that is likely to increase as the market booms, and it is widely acknowledged that the UK house market will hit that figure over the future years.
The UK Council of Mortgage Lenders have said the number of mortgages approved for in first-time house buyers jumped towards the end of 2011 with 18,700 property loans in December, which was a 7% increase from November and 14% which was an increase on December the previous year.
The number of unsold houses on the market has reached its highest level in 2 years and with the common UK asking price gap now at 19,580 (7.5%), an all-time record and 1,105 above than it was last year, an increasing number of sellers are being lowballed. Buying and selling property can be stressful and pricey especially for inexperienced first-timers. Our aim is to make property sales as simple and efficient as possible, giving all the necessary support.
Additionally, many For Sale By Owner sales sites generally team up with all the required providers assisting you to buy a house or sell a house, all of which are found on the website. Surveys, EPCs and conveyancing solicitors are just some of the specialist services on offer with our vigilantly selected specialists. It is a common misconception that estate agents handle all of the legal aspects in selling a home, in reality agents refer providers of such services as conveyancers, EPCs and surveys. For Sale By Owner sales websites also provide partner services from the beginning right through to exchange of contracts, at a considerable expense saving than that of utilising an estate agent.
All cities in England and Wales demonstrateda fall in transactions between the first halves of 2010 and 2011.
Looking at the bigger picture the volume of property transactions in England and Wales has fallen by 49 percent over the last 10 years from 532,709 in the first half of 2001 to 271,113 over the comparative period in 2011.
The website Housetrade.co.uk facilitates individuals to sell their house by Private Property Sales, eliminating expensive estate agency fees putting them in control of proceedings and viewings, also meaning potential savings for buyers.
The whole aim of private is to make it easier and more cost effective for people to sell their properties privately. Over recent years, people have had to look for other ways of reducing their expenditure and we hope to facilitate needed savings in the property market.
