Small flats and houses for sale in Hampstead, London, and other parts of the country might attract more attention from buyers in the coming months.According to Jane Marr, company director at the Little House Company, one-bedroom flats and studios are set to see increased demand.
"Across the UK it seems the demand will be for flats and studio apartments as first time buyers manage to finally get a foothold on the market. Investors not keen to overstretch themselves may also seek these types of property," she pointed out.
"It is this type of first time buyer properties that we all need to [see] start moving to help breathe life back into the housing market."
Ms Marr also insisted that starter homes will be sought by those who have been waiting to move on from their flats builds.
Her comments come after research from HSBC revealed that 78 per cent of non-homeowners aspire to become first time property buyers.
London Estate Agents News
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