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Big Brother encourages house hunting, says B&B

Recent hot weather has slowed the pace of house sales by more than two

weeks, claims a report from Bradford & Bingley Estate Agents.

B&B says summer activities have led to house hunters put off searching for

homes.

The report found that it currently takes an average of 11 weeks to sell a

house, an increase from the average of nine weeks last year.

But B&B also points to other factors which it believes help the housing

market.

It says the popularity of voyeuristic television programmes such as Big

Brother has helped increase the number of home viewings by 9 per cent since

February.

The report found that this trend is most prevalent in Scotland, where

sellers now have 13 visits on average before a sale is agreed, the highest

in any region of the UK. Sellers of homes valued at between £200,000

and £250,000 in all areas of Britain are in the strongest bargaining

position, with an average of 11 buyers vying for each property.

B&B says people are still moving home for traditional reasons. Regional

business director Ian Davies says: “Our research shows people are moving

for bigger properties, better locations and to be in the catchment areas of

top-rated schools. Additionally they want en suite bathrooms, double

glazing, extra study areas or bedrooms, garaging or off-street parking.”

DOCE:

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