Now is the ideal time for first time buyers to take advantage of the property opportunities that the Leicester area has to offer.

New figures reveal that the type of properties that first time buyers are most likely to be interested in have shown less of a price increase in the last month than other homes, making it a sound financial move to get your foot on the property ladder now.

New data from Rightmove reveals that prices for two-bedroom properties, for example, have increased by 0.1 per cent month on month, compared to a national rise of 0.5 per cent.

The festive period was the second most buoyant since 2007 in terms of property prices, but there is still no shortage of bargain buys for those looking to make their first property purchase in Leicester.

The opportunities on offer could well be reflected in the interest in the current property market. Visits to the Rightmove website were up by almost a quarter (21 per cent) during the first week of 2016 compared to the same time in 2015.

Housing-market analyst and Rightmove director Miles Shipside said that it was a great time for first time buyers to start their property search, with ‘more fresh choice’ on offer and more appealing properties in their target sector coming on to the market.

The smaller than average increase in prices at the lower end of the property market in Britain is not bad news for the future either, as whilst the 0.5 per cent increase in new-seller asking prices across Britain is down on the 1.4 per cent seen in January 2015, the figure is still the highest of any other January period since 2007 and before the start of the credit crunch.

A broken-down version of the Rightmove figures also spells good news if you are looking to make a move into the Leicester area. As with areas such as Greater London and Yorkshire and Humber, property prices in the East Midlands have actually gone down in the last month, opening up a world of opportunity if you are planning to relocate to Leicester.

Prices are, however, still up by 2.9 per cent year on year, despite the 1.8 per cent fall in the last month, meaning that moving soon could be the key to the greatest financial reward from a Leicester property purchase.

The Rightmove report reveals that a shortage of properties entering the market has driven up unfulfilled demand and prices in recent times, but the good news for those starting a property search is that the number of new properties being marketed has shown a 1.8 per cent increase year on year.

This is solely as a result of a rising number of properties with two bedrooms or fewer being put on the market – excellent news for first time buyers and investors who want rental property opportunities and completion before April.

Whatever your property requirements, the experts at Keywest are perfectly placed to help you find what you need in terms of both property and price. Give us a call today on0116 254 4555 to find out how we can help you to map out a great future in the Leicester area. View houses for sale in leicester