1 Aug

Property for sale in Taunton: Demand has 'never gone away'

Property for sale in Taunton: Demand has 'never gone away'

Problems in the housing market might have made finding a suitable property for sale in Taunton more difficult in recent years, but basic demand for property has never receded, according to Property and Finance Solutions.

Darren Owen, director at the company, said the situation is improving "one hundred per cent" for people who want to invest in property.

"The key is the financing," he added.

"Once the financing comes back to the market then people will start to perk up because the demand for buying houses has never gone away."

The combination of demand for buying and low levels of supply will create a good property market for investors, Mr Owen went on to say, but only if people can borrow money.

According to figures reported by Nationwide last week, the average house price increased by 0.2 per cent in July, valuing the typical home in the UK at £168,731 - 0.4 per cent lower than it was a year ago.ADNFCR-1222-ID-800667246-ADNFCR

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