/24-7PressRelease/ - LONDON, UK, July 28, 2007 - Internet is becoming a major medium for consumers looking to buy a new property. Survey conducted by major estate agent tells the real figure; around 10 percent of people owing a house in UK have browsed for their property by going online.
However, 29 per cent of people polled said in future if they look for a property, they will surely use online medium. And remaining 43 percent people in their age group of 18 to 24 years who are already a group who use Internet the most, clearly showed their interest in finding a property online.
Colin Kemp, Managing Director of Halifax Estate Agent, clearly stated that the ease of searching a desired property online has certainly increased the popularity of online home searching. Moreover, the consumer finds the process simple as thousands of results can be displayed in matter of seconds.
Secured Loans have also gained lot of market with people looking for bigger properties.
According to financial expert Howard Archer from Global Insight the increase in rise of base rate of interest has reduced the demand of property in the UK market.
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