Only 1 property in 7 is fetching the asking prices in UK. A vast majority of propeties on the market are selling at 15% or more below their asking prices, according to a new survey published today.

Most property selling agents are experiencing a huge increase in demand for properties, according to the report of the survey by The Property Investor Show. This is because investors and buyers feel that this is a good opportunity to buy as prices are low.

Yesterday Right Move, a website also announced that it had seen more properties taken off from its website last month, presumably sold, than the ones that got added.

Not only the interest in buying properties is high, rents are remaining stable as well. 39% of rents have remained stable while 20% have seen an increase in the last three months for the right type of properties.

‘The market is presenting a crucial investment opportunity with near to ideal conditions for buy to let landlords,’ said Nick Clark, managing director of the The Property Investor Show, an event where exhibitors, buyers and sellers come face to face at least once a year in Excel, London.