The National Association of Estate Agents (NAEA) has reported an increase in buyers and sellers as well as strong sales, following the Budget.

The average estate agent branch had 62 registered sellers, building on the 60 registered in March, which was itself the highest number for six months.

The number of house hunters registering to look for property also increased from 274 in March to 277 in April.

The number of sales agreed across the month remained strong at eight, the same number as in March. Around 21% of sales were made to first time buyers, down from 23 per cent in March.

President of the NAEA, Gary Smith, said: “A major housing trend over the past six months has continued to be the relatively low numbers of sellers coming to market.