19 Apr

Houses for sale in Dorset due for demand boost?

Houses for sale in Dorset due for demand boost?

House hunters may be flocking to property for sale in Dorset, recent mortgage statistics show.

According to the latest index from the Mortgage Advice Bureau and Coreco Group, mortgage applications rose by 30 per cent in the county in March compared to February, Mortgage Introducer reports.

People viewing property for sale in Dorset will be welcomed into "a world of unspoilt charm", West Dorset District Council has claimed.

The local authority says the county boasts cliff top walks and "fossil strewn beaches".

Mortgage Introducer has revealed that overall, mortgage applications rose by 11.6 per cent in March.

Buyers investing in houses for sale in Kent and other south-east counties face an average loan size of £155,895, the highest in the UK (excluding London).

In addition, the index found that the majority of people applying for home loans to purchase houses for sale in Yorkshire opted for fixed rate deals, according to the site.

Brian Murphy, head of lending at the Mortgage Advice Bureau, told Mortgage Introducer: "March figures ... continue the positive start to the year with another month on month increase in borrower activity.

 "This reinforces the belief that a more stable market is slowly returning."ADNFCR-1222-ID-800506194-ADNFCR

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