Political uncertainty is adding to the many distractions for summer buyers, Rightmove says.
Political uncertainty is adding to the many distractions for summer buyers, Rightmove says.
First-time buyers face a £3,541 shortfall on their deposit following house price inflation, Moneybox reveals.
Momentum remains weak, though some indicators point to the recent downturn in activity easing.
Northern Ireland continues to record the UK’s strongest annual growth at 7.4%.
Northern Ireland remained best performing region, with prices up 8.6% year-on-year.
Higher mortgage rates and political uncertainty have shrunk the pool of committed home buyers, pushing sales agreed to 7% below last year.
78% of homeowners would expect buyers to pay more for an energy efficient home.
Despite the significant rise in house prices, buyers still start paying stamp duty at the same point they did twenty years ago.
May sales agreed volumes fell 8.1% year-on-year, signalling potential weakness later in the year.
The gap gets even wider with London excluded - with a house being 2.3 times the price of a flat.
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