
Demand for housing is lower by 40% last month with the impact of the Coronavirus pandemic changing the market.
Demand for housing is lower by 40% last month with the impact of the Coronavirus pandemic changing the market.
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Owning your own home is cheaper than renting by up to 18% each month plus the opportunity for equity if house prices rise.
Living in a market town is popular for home buyers and the £33,000 premium paid has reduced by 3% in the last year.
Home buyers delayed making new purchases due to uncertainty of the general election result with 10% fewer mortgage loans agreed.
The number of mortgages for new purchases to first time buyers and home movers is higher with increased borrowing values.
The majority in the general election gives home movers more certainty with the prospect of house prices rising 2.0%, says Righmove.
Nearly half of remortgage buyers are taking advantage of low interest rates by raising extra capital from their property.
House prices for new build homes are nearly 30% higher than existing properties in England as developers ignore wider pricing trends.
The looming election deters sellers with property listings down 15% while lower house prices tempt buyers looking for bargains.