http://news.bbc.co.uk/1/hi/business/8193467.stm
Seems to me that there's no shortage of money out there. I don't subscribe the the double dip theory, this is the start of a new mega-boom.
"Things have got infinitely better, people are buying again," says David.
"Last year, we had hordes of people wanting to sell and nobody buying; now it's the exact opposite."
Intriguingly, he is almost swamped with potential buyers.
"We have so many buyers it's frightening," he says.
"Last month, in the three branches I cover we registered just over 300 buyers."
David Smith says parents have been the main force behind this year's pick-up in sales.
"It's quite amazing, the number of buyers we get coming in with mum and dad in tow," he says.
"The majority of the people we are registering on our books are coming with the big deposits from their parents."
Many have been putting down large sums of money to finance the 20% or 25% deposits their children often need to buy flats or houses.
"One of the flats I sold at the weekend, the buyer brought his mum and dad down because they are putting down the deposit of over £100,000," says David.
"Last year, we had hordes of people wanting to sell and nobody buying; now it's the exact opposite."
Intriguingly, he is almost swamped with potential buyers.
"We have so many buyers it's frightening," he says.
"Last month, in the three branches I cover we registered just over 300 buyers."
David Smith says parents have been the main force behind this year's pick-up in sales.
"It's quite amazing, the number of buyers we get coming in with mum and dad in tow," he says.
"The majority of the people we are registering on our books are coming with the big deposits from their parents."
Many have been putting down large sums of money to finance the 20% or 25% deposits their children often need to buy flats or houses.
"One of the flats I sold at the weekend, the buyer brought his mum and dad down because they are putting down the deposit of over £100,000," says David.
Seems to me that there's no shortage of money out there. I don't subscribe the the double dip theory, this is the start of a new mega-boom.
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