Said Gary Verity, managing director of Bradford & Bingley Estate Agents:
"The summer holiday pause ended with an influx of buyers registering throughout the month in every corner of the country which had the obvious knock on effect for sales agreed activity.
"Increased buyer demand is now leading to signs of stock shortages for the first time this year. Although we have seen a rise in the number of market appraisals many potential vendors seem to be holding off putting their homes on the market until the New Year in the hope of price rises which is
emphasising the supply problem.
"With buyers on the increase due to the post-summer holiday/pre-Christmas rush to move, the need for quality property has never been higher this year. In order to prevent a potential logjam I would advise homeowners who are considering moving to put their home on the market now in order to benefit from this current renewed buyer confidence."
Regional differences
"The North continues to witness a steady market with prices holding well. Liverpool is particularly buoyant with the low to mid end seeing an average monthly price rise of 4%. The South East's top end market is seeing shoots of recovery with more buyers registering in the £1million plus during September than at any other time this year.
"Scotland continues to enjoy a busy market in most parts of the country. Bearsden and the West End remain Glasgow's hottest spots with property selling at 25-30% over the asking price. New homes are particularly popular with a number of city developments released this month selling out immediately."
