Latest figures show first time buyers house sales at highest since October 2018 


The National Association of Estate Agents (NAEA) has released April’s property sales data that shows the number of first time buyer sales agreed by estate agents reached their highest level since October 2018.

Year on year the number of first time buyer sales was up 3%.

In April, the percentage of sales to first time buyers reached 27%, up from 26% in March.

NAEA’s data records that the number of monthly sales agreed in member branches rose in April to eight per branch compared to seven in March.

Year on year the overall total of property transactions remains unchanged.

Housing stock has risen year on year – in April 2018 only 33 properties were available to buy.  This April, branches have reported 35 available properties, down slightly from 37 in March.

In April, the number of applicants registering at each estate agent was lower than in March, dipping by 10% to 265 house hunters from 296.  Previously, the lowest number of buyers was 237 in April 2008.  Since last April, there has been a 21% decrease in the average number of home buyers registering per member branch.

Mark Hayward, NAEA chief executive said: “‘Despite a fall in housing supply and demand, it is encouraging to see an increase, for the first time this year, in the number of sales going through.”

Mr Hayward explained: “Even though buyers and sellers remain uncertain given the current climate, figures indicate that many are continuing to move forward with their transactions and sales are still happening at the rate we would expect to see at this time of year.”

Negotiation gets a sale moving

“More than four in five properties are selling for less than the original asking price, so there’s an opportunity for house buyers and sellers to negotiate an offer to get a sale moving.”

Highgrove Mews

High Net Yield Freehold Houses

  • Commutable to London (27 mins to central Paddington station)
  • Rental demand extremely strong with large industry presence in Reading
  • Freehold with 4% net yield

£284,955 - £457,000

St Petersgate – Stockport Manchester

New Launch - Stockport Manchester, apartments from £160,000

  • Discounted launch prices from £160,000
  • Excellent transport links with 3 trains per hour to London Euston and only 9 mins journey to Manchester Piccadilly
  • Experienced development team

Assured Rent Housing Association Leases

Assured Rent Housing Association Leases

  • Assured rent & no rental voids
  • Tenant damage cover & newly refurbished inline with requirements of a corporate sitting tenant
  • Free property and lettings management

From £62,000

Emerging Birmingham Commuter Town With Properties From Just £104,000

The emerging Birmingham commuter town where properties are selling in an average of just 24 days

  • A collection of 62 two bedroom apartments and 28 one bedroom apartments.
  • DE14 is one of the fastest selling postcodes in the West Midlands.
  • 23 minute train journey into Birmingham New Street Station.

Properties from £104,000

Mill, Stockport

The Northwest's emerging property hotspot

  • Discounted off-plan 2-bed prices from £162,000
  • Completion date - Q4 2021
  • Rental yields - 6% plus

Discounted off-plan 2-bed prices from £162,000

South Central – Birmingham City Centre Apartments

Highly anticipated 28 storey launch in Birmingham City Centre with an impressive roof garden and communal facilities.

  • 154 units across 28 storeys
  • Residential multi-media community room, gym, roof garden and sky cinema
  • Excellent future connectivity via the metro system to other key transport hubs and locations around the city

from £205,800


Talk to us

Speak to our UK property experts today: 

+44 (0) 333 123 0320

Open from 9am-6pm GMT

+852 9865 4446

Open from 9am-6pm HKT

Stamp Duty Calculator


Unlock members only investment opportunities and full development details. Join now – it’s free, quick and easy.


Not a member? Sign up for free


Latest figures show first time buyers house sales at highest since October 2018 


By submitting your details via this online form you agree to be contacted via email/phone/SMS by Direct Marketplace Ltd t/a BuyAssociation in relation to property investment and property developments . We do not share your personal details with third parties.  To view our full Privacy Policy click here.