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(London.CityRegions.com, August 02, 2013 ) Benfleet, UK -- Finally, homeowners in the UK are putting their houses up for sale and looking to move into bigger and better homes for the families. According to a new infograph released by Loftcraft, the housing market is seeing its best year since 2004.
Recently, real estate trends indicate that now, more than ever, the UK property market is sizzling in favor of the prospective seller. From December 2012 to January 2013, UK real estate rose .2 percent. As of May 2013, the housing price index rose another 2.1 percent, raising the average market price of uk homes to 249, 841 euros.
According to the Centre for Economics and Business Research, 7 out of 10 new home sellers in the UK are moving on their own free will. The average prospective home sellers in the UK is currently 22 percent, making the average home value expected to reach 261,000 euros by 2018.
This year marks the lowest proportion of recorded marked-down property in over 2 and half years. In 2012, 37 percent of homeowners reduced their asking price, whereas only 31 percent have reduced their original asking price in 2013.
The National Association of Estate Agents reports that more than 40 percent of its members believe creating additional living space is the best way to increase the value of of a property, meaning that loft conversions are the number one way to add property value.
A report by Bloomberg also shows that investors are looking at properties to achieve good returns. The majority of professional property investors appear to have spotted that now is the time to increase their investment, and they are obviously confident that prices are not going to get cheaper.
Be smart about your property investment options. Let the experts at LoftCraftuk.com turn your home conversion projects into practical return on investments.
About LoftCraftUK.com
LoftCraftUK (http://www.loftcraftuk.com/) takes pride in creating beautiful property, garage and Loft Conversions Essex for your home. Whether you’re wanting to add income property or just add a home office space, LoftCraftUK has the tools and experience you need to make the perfect addition to your home. Go here to see their new infograph - A Promising Pulse in the UK Property Market!
Loft Craft Uk Limited
Customer Service
01268 451188
info@LoftCraftUk.com
Source: EmailWire.Com
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