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2018 review from agents shows fewer first time buyers and landlords

December 04, 2018 / National Association of Estate Agents

There were fewer sales to first time buyers and more landlords left the private rented sector in the UK, according to the 2018 review from estate and lettings agents. Over the course of 2018, demand was lower than last year with members of the National Association of Estate Agents (NAEA) reporting an average of 324 house buyers registered per branch, compared to 366 on average throughout 2017. However, looking back over the last 10 years, the numbers are up by 31% from 222 per branch in 2008.