Bank of England data reports a 20% jump in mortgage approvals in 2013. Home loans approved in 2013 grew to 734,000, up from £612,000 in 2012. The mortgage growth data mirrors sentiment across the country, which is finally starting to see growth in the number of For Sale boards turning to Sold after several years in the doldrums.

“In Nottingham, 2013 saw a marked increase in completions compared to previous years and there was a noticeable increase in enquiries, particularly during the 2nd half of the year. The government backed Help to Buy scheme certainly increased interest and the great news is that it has started to bring 1st time buyers back to the market after quite a lengthy absence” comments Jonathan Detheridge from GO Property Services.

2014 promises to be an interesting year with unemployment dropping and the economy showing solid signs of recovery its anticipated that approvals will continue to grow.

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GO Property Services Ltd sell, let & manage property across Nottinghamshire. The company is independent & in 2013 celebrated our 10 year anniversary. We are licensed by ARLA & the NAEA, and offer a high quality service that is competitively priced.