The number of people selling their property across the UK, has risen dramatically, according to the latest data from Haart, the independent estate agent. Applicant levels at Haarts branches are now at their highest level since July 2004. While prospects for first-time buyers are also improving.

"Successive price falls during the second half of last year, mean that there are now some very attractively priced properties out there. In effect, the housing market is having a January sale, and buyers should strike now to get the best bargains," Russell Jervis, managing director of Haart estate agents said.

Commenting on first-time buyers, Jarvis said: "First-time buyer levels fell to 18% during 2004 but this year levels are set to rise to 25% of the market. This will free up the bottom end of the housing transaction ladder and provide liquidity in the market place. All good news for buyers and sellers in 2005."