Things are moving in the housing market again, according to the John Charcol Index, the monthly mortgage activity monitor from independent mortgage adviser John Charcol, which shows a sharp increase in purchase activity this year. In 2008, the company says, purchases made up an average of 25% of its business. In contrast, purchases have taken an increasing share over the course of the year to date, hitting 53.4% in May. Enquiries for new business have risen sharply over the last few months, particularly for purchases, and in May the proportion of mortgage enquiries for a purchase was up to 59.7%, compared to 49% in April. www.charcol.co.uk

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