Buyers are back in the property market, according to James Hyman, partner for residential sales at Cluttons.

Reflecting on the latest housing survey from the Royal Institution of Surveyors, the property expert indicated that there are a number of positive factors shown by the research.

Indeed, Property Hawk website editor Chris Horne said last week that there remains "quite a strong demand"for buy-to-let mortgages among private landlords.

Mr Hyman said there is currently a shortage of property available to buy, but those who are selling should market their homes to people who are taking advantage of the historically low interest rates.

The Bank of England's monetary policy committee (MPC) recently decided to keep the base rate at 0.5 per cent - the level it has been since March 2009.

"Heightened competition for quality properties is resulting in faster sales and a stabilisation of prices,"the Cluttons representative added.

Written by Claire Doyle

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