Zoopla.co.uk the property portal website was founded with the mission to provide the most useful online property experience by:
– building relationships between home owners and local estate agents
In a survey of over 5000 of their registered users between the 7th and 14th June they identified deterioration in consumer confidence.
However, although confidence remains relatively high, concerns remain around mortgage availability with one in three (34%) of those surveyed citing this as the biggest continued threat to the health of the property market and more respondents (27%) saying it is now harder to get a mortgage than 3 months ago than those saying it is easier (23%). Other key concerns to a continued recovery in the housing market were a potential rise in interest rates for 25% of respondents and the impact of job losses in the public sector for 21%.”