Chesterton Humberts predicts positive signs in housing market

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A property consultant and estate agent is predicting good things for 2013.

Staff at Chesterton Humberts, which has an office in Ironmonger Street, Stamford, think the new year will mark the start of a recovery in the UK housing sector.

Associate director Jason Lee said: “A broad trend has been the ‘wait-and-see’ mentality from buyers and sellers, leading to a gap between expectations and thus further slowing the market.

“However, looking ahead, the picture looks brighter with mortgage rates likely to remain very low by historic standards and Government schemes beginning to show signs of progress.

“Already, several property search websites have reported increased enquiries over the past two months.”