How buyers can navigate the housing shortage🧭

How buyers can navigate the housing shortage🧭

Spring is usually the busiest season for the housing market. However, the scarcity of housing coming onto the market matched with increased demand has led to prices reaching dizzying heights, which most people are unable to afford.

According to Astute Property Search, this is driving ordinary people to seek support from buying assistants, who can help and navigate a highly competitive market.
The shortage of homes has meant that people are now paying above the asking price to be able to secure the property they desire. Current research suggests that the average asking price for a property that has just come onto the market in Britain has risen by a record 2.3% in February. In comparison, the asking price for houses has gone up by 9.5% over the last 12 months. To continue reading, please Click Here


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Across almost every UK region, houses are more likely to sell than flats. In some areas the gap is small, in others it is dramatic. Scotland is the only exception, where flats outperform houses. So what is driving this divide, and what does it mean for homeowners in Attleborough? Click to learn more...

April is a good time for buyers to focus on readiness rather than guesswork. In a market where choice has improved but confidence remains mixed, being organised can make all the difference when the right home comes along.

In today's property market, the temptation to 'test the market' with an ambitious asking price can be strong if you're not in any particular hurry to sell. However, this strategy often backfires, costing vendors valuable time, credibility, and ultimately, money. Let's explore why.

At Millbanks, we believe estate agency should be proactive, personal, and genuinely helpful. Discover how our investment in AI-powered technology is transforming your property journey, making it smoother and more efficient.