The report by Geodesys, part of Anglian Water, found that almost a fifth (17%) of estate agents in the east of England said sales to buy-to-let investors performed best for them over the past 12 months.
But in the face of bank belt tightening that figure nearly halves, to 10 per cent, when asked to predict what will be their best performing sector a year from now.
More than 100 Anglian region estate agents (plus a further 100 solicitors) took part in the Report, which explores the state of the region’s residential property market and provides insight into the challenges and opportunities agents face.
The study also examines the impact of and attitude to HIPs amongst the region’s estate agents. 85 per cent of agents said their ‘average’ customer was aware of HIPs but needed more information, whilst 14 per cent were still oblivious to the packs. Only one per cent believed customers generally were well informed when it comes to HIPs.
Geodesys recently launched a HIP, priced at £335+VAT and fully compliant with the Home Information Pack Regulations.
