Greycoat specialists share information concerning the UK´s current housing trends. The real estate market has been truly growing and changing over the past few years and after COVID, we have seen a huge growth in the market. Over the past few months the real estate market has started to truly recover, and not just a little at a time, with massive leaps it is now in better shape than ever before.

Currently, in the UK the mortgage approval rates for those that are looking to buy a new home have risen dramatically in the past few months. Approval rates show that there were over 61,000 borrowers that were approved for their mortgage rates over previous months. And this is when Greycoat agency comes in handy.

This means that thousands of people are now being approved that may not have been at other times. Though mortgage rates are still a bit higher than they have been in previous months, there are now more people that are able to get approved than ever before.

Agents with Greycoat Real Estate believe that this improvement in the market is a positive for all of us. Not just for the buyers that are working to sell their homes and want more people to be able to get their homes off the market. This new approval rate progress is fantastic for everyone on the market.

It is fantastic for those that are buying, selling and everyone in between. The market is sure to keep growing and getting better over the next few months as it recovers further and as it does grow and expand more. The real estate market is starting to get better, and we can all see the evidence of it. Contact Greycoat real estate agency for further information.