UK buyers return to PCL with a vengeance

One of PCL's top lettings agencies has reported a massive 94% year on year increase in tenancies, seemingly driven by disappointed buyers giving up on the idea of finding their perfect pad.

"Buyers are ready" says Douglas & Gordon as the estate agency reports a 50% year-on-year jump in the number of new applicants, but vendors are playing it very cool, with 33% fewer new instructions in June…