Estate agents would welcome changes to buying and selling process according to naea | propertymark

October 31, 2017

The latest Monthly UK Housing Report – September 2017 from naea|propertymark reveals that:  In September, supply and demand for housing was up, but sales agreed remained flat, as eight in 10 estate agents argued that the home-buying process is outdated. Sales to first-time buyers (FTBs) remained the same as the previous two months, as well as sales.

The report mentions: The number of properties available to buy on estate agents’ books increased from 37 in August, to 41 in September,  – the highest number recorded since March this year.

Mark Hayward, chief executive said: “The Government’s announcement last weekend that it will consult to reform the home-buying process couldn’t come soon enough, and we welcome it. Our findings show that estate agents agree, and would welcome changes to ensure that the process for buying and selling is brought into the twenty first century. The current prolonged process means that sales are stagnating despite the fact that the supply of housing is up, and there is growing demand. Hopefully we will see activity pick up marginally in the short term, when properties which are being marketed now are taken off the market and pushed through, so buyers can be in before Christmas.”

Read the latest naea|propertymark Monthly UK Housing Report – September 2017 in full click here.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Breaking News

Over 1.2m homes sold across the UK

The latest analysis of Government transaction data by GetAgent.co.uk has revealed that, despite widespread perceptions that 2025 was a difficult year for the property market, more than 1.2m homes sold across the UK, marking a 9.3% increase on the previous year. GetAgent analysed Government data on UK property transactions to estimate how many homes sold…
Read More →
Breaking News

Planning reform alone will not fix the UK’s housing crisis

Propertymark has published a new position paper, Meeting UK house demand, moving beyond the planning system, warning that focusing solely on reforming the planning system will not deliver the number of homes the UK urgently needs. While planning reform is frequently cited as the primary solution to the housing shortage, Propertymark’s analysis shows that changes…
Read More →
Breaking News

One in three mortgage hunting FTBs has at least 25% deposit

While higher loan-to-value (LTV) mortgages dominate first-time buyer demand a significant minority are seeking higher deposit deals, fresh data from Moneyfactscompare.co.uk can reveal. Of those looking for fixed term deals on moneyfactscompare.co.uk: Almost one in three (30%) first-time buyers are opting for 90% LTV mortgages, and a further 12% are looking at 95% LTV options. This…
Read More →
Breaking News

Breaking Property News 3/2/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   Premium estate agency unveils ambitious plans to accelerate international expansion Fine & Country, the premium estate agency brand renowned for its distinctive marketing and high-end property expertise, has announced plans to significantly expand its international footprint as part of its long-term growth strategy. Over the past…
Read More →
how to present your property for sale
Breaking News

Nationwide House Price Index for January 2026 – Industry Reaction

Nationwide House Price Index for January 2026. The latest index shows that: House prices increased by 0.3% between December 2025 and January 2026. This reversed the -0.4% monthly decline seen between November and December of last year. Annual growth sat at 1% in January 2026, with this annual rate of growth increasing from 0.6% in…
Read More →
Breaking News

House price growth edges higher in January

Slight rise in annual house price growth to 1.0% House prices were up 0.3% month on month Continued improvement in affordability helped drive first-time buyer activity in 2025 Headlines Jan-26 Dec-25 Monthly Index* 544.9 543.4 Monthly Change* 0.3% -0.4% Annual Change 1.0% 0.6% Average Price (not seasonally adjusted) £270,873 £271,068 * Seasonally adjusted figure (note…
Read More →