Heritage Developments :: Building Devlopers in East Anglia

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Heritage have recently run a successful regional advertising campaign promoting our current portfolio of developments.

Optimism in house price prospects has risen significantly over the past three months, according to the latest quarterly Halifax Housing Market Confidence tracker as reported in this months Property Reporter.

Heritage Developments have announced that 95% Mortgages are now being made available on a number of their luxury homes.

Prior to the 2007 banking crisis, up to 95% loan to value deals where common place, however, due to a tightening from lenders, buyers are feeling squeezed out of purchasing that dream home. Statistics published by the Financial Services Authority (FSA) show that in the last couple of years, just 0.36% of all new mortgage funds were lent to borrowers who provided a deposit of 5% or less of the purchase price.

The number of people registering with estate agents has risen to a five year high according to The National Association of Estate Agents as reported in The Telegraph.

Early indications suggest that 2013 could be a healthier year for the residential property market with a surge in house hunter numbers. Figures already indicate an average of 314 would-be buyers registered with an agent in January alone, the highest figures since September 2007, around the time of the economic downturn.