UK property market sees a robust start to 2016

The latest sales data from the Agency Express Property Activity Index shows the UK property market gained moment during January. National ‘Sold’ figures rose by 31.2% and new listings ‘For Sale’ by 93.70%.

The Property Activity Index’s historical data also revealed that figures recorded in 2016 indicate the largest increase in activity for January since the index’s first records in 2007.

Commenting on the latest index results, Stephen Watson, Managing Director of Agency Express said:

January was a robust month for the UK property market and a great start to 2016. This month we have not only seen an injection of new listings, gross lending is reportedly higher now than in it was in 2008. With increased lending and the continuation of low mortgage rates were optimistic for an exciting first quarter.

Click here to read the latest Agency Express Property Activity Index report in full: