CITY'S BAD NAME AFFECTS HOME SELLERS

[15 September 2006, National Homebuyers]: Nottingham's Bad Name Affects Home Sellers

While the rest of the country is enjoying a housing boom, the people of Nottingham have to wait months, possibly even years before their houses are sold.

Nottingham was recently awarded the unflattering title of crime and gun capital of Britain and it’s clear the housing market has been affected, with prices plummeting by 13% in the past 12 months, after a 168% increase over the past 10 years.

National Homebuyers, the country’s leading fast home buying company are used to handling all types of cases with care and are coming to the rescue of the sellers in Nottingham.

Julian King, director of National Homebuyers says: “Unfortunately, it’s going to be another challenging year for people who are trying to sell their homes in Nottingham. National Homebuyers has been dealing with hundreds of customers in the East Midlands who are finding it difficult to sell their property.  We can offer a welcome solution that is sure to ease the stresses and strains that people are currently experiencing.

“Rather than a house sitting on the sluggish property market for months, we guarantee to make an offer on every property we survey, regardless of its condition or location meaning the whole process could be over in a matter of weeks.”

One local estate agent claimed to Sqm, (property industry publication) “We just can’t seem to shift anything at the moment”.

Operations Manager David Harber says, “With likely interest rate rises before the end of the year, this will further deter buyers as the pressure on their finances continues to escalate. Vendors in Nottingham will find it increasingly difficult to sell their property.”

For more details contact National Homebuyers on 0870 979 0900.