Rightmove saw record traffic in the month it says, as ‘marginal’ buyers search hard for property that meets their restricted loan parameters and the ‘creditworthy’ trawl for limited supply of quality homes
Sentiment continued to improve as 75% of home movers didn’t expect prices to fall in the next 12 months according to Rightmove. However new sellers in August were still 48% down on pre-credit crunch numbers as tight mortgage lending criteria continued to restrict transactions and stifle property coming to market.
