Interest from homebuyers on the increase

Interest in house buying is starting to gain ‘real momentum’ according to UK surveyors, but sales remain low. Figures from the Royal Institution of Chartered Surveyors (RICS) found that new enquiries increased for the fifth consecutive month, however, surveyors will still selling fewer than 10 homes on average during the past three months. Interest was strong in every region – with London and Wales strongest, and RICS said the rise in interest reflected the drop in asking prices and sharp fall in the cost of money.