OneDome reports record traffic and leads in March
OneDome and Nethouseprices saw visits grow to 2.9 million in March, up from 2.7 million in February.
The business reported particularly strong interest from first-time buyers looking to benefit from the government’s 95% Mortgage Guarantee Scheme, available from April 2021.
According to OneDome, consumer engagement with properties online has been very strong, and is expected to remain so for at least the next six months.
Babek Ismayil, founder and chief executive of OneDome, said: “We are seeing a record volume of traffic, with high numbers of buyers and tenants searching on our websites.
“The month of April has also started very strongly and we are pleased to offer our agents a record volume of leads. We expect this trend to continue in the coming months.
“Due to being able to save more during lockdown, the extension of the stamp duty holiday and the new mortgage guarantee scheme, market conditions are very favourable for first-time buyers. We therefore expect them to continue driving demand for vendors’ properties.
“However, positive financial conditions and the current easing of lockdown restrictions will provide a boost for all demographics, which is likely to be reflected in property market activity throughout the remainder of 2021.”