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


Get in touch with us

In 2020, Attleborough’s housing market mirrored the UK’s surge as lockdown lifted, with homes selling in days and prices climbing fast. Yet many of those pandemic purchases are now returning to the market. Shifting work patterns, higher mortgage costs, and lifestyle reassessments are reshaping today’s property landscape.

This week’s property update looks at the latest £-per-square-foot trends, offering a snapshot of how the market is moving. While small shifts may not signal price changes, they reveal the evolving mix of homes for sale and provide valuable insight into overall market health and momentum.

This delightful two-bedroom detached park home combines modern style with practical living. Featuring a bright lounge/diner, contemporary kitchen with integrated appliances, two bathrooms including an en suite, and a walk-in dressing room, leading off the main bedroom. Outside offers private gardens and an allocated double parking space.

Falling mortgage rates are bringing welcome relief to first-time buyers. Monthly repayments on the average UK first-time buyer mortgage are now around £355 less than three years ago — easing financial pressure and making homeownership feel more achievable for many ready to take their first step onto the property ladder.