Those considering purchasing property such as private landlords have been told not to leave their purchases "too late", as the housing market is showing signs of improvement.

Jenny Collett, sales manager at Kinleigh Folkard &Hayward estate agents in Southfields, has predicted a "good summer"for the housing sector and suggested now is a good time for both buyers and sellers.

Speaking to the Financial Times Adviser, she indicated that the sector "appears to be rallying"at present.

Recent figures from the Royal Institution of Chartered Surveyors indicated that the gap between property asking and selling prices has decreased in recent months. Apparently, the majority of chartered surveyors agree with this sentiment.

The average difference between prices was said to be 11 per cent.

Ms Collett also noted this trend, explaining that the offers she receives are getting closer and closer to the original prices requested by the vendors.

Written by John Field
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