17 Sep

More people than ever 'want to buy properties'

More people than ever 'want to buy properties'

Estate agents will be pleased to hear that there has been a surge in the number of people who want to become homeowners and buy a property.

According to a recent report conducted by YouGov for the Council of Mortgage Lenders (CML), 85 per cent of those surveyed said they wanted to live in homes they own over the next ten years.

In 2007, this figure was 84 per cent - indicating a rise in the number of people who want to purchase a house for sale despite the effect the economic crisis has had on the property market.

CML's director general Michael Coogan said: "It is crystal clear that most people see home-ownership as their tenure of choice over the long term."

However, he added that it is still difficult to "fulfil that aspiration … even if they are responsible with their finances".

Homebuyers looking for advice on how to enter the property market could check out the Which? guide called Buy, Sell & Move House, which was released earlier this week. ADNFCR-1222-ID-800070180-ADNFCR

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