Would you believe it is cheaper today to buy a house as a first time buyer than in 1989 and 2007?

Would you believe it is cheaper today to buy a house as a first time buyer than in 1989 and 2007?

Yes it amazed us! It just shows how much the newspapers spin things for bad news. Of course the graph is going upwards, and it will be higher in Q4 - but interest rates need to rise 3% to 4% from where they are NOW to reach the levels of 1989 and 2007. Yes it’s tough out there - but it isn’t end of the world. Tell us your thoughts



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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.

The data is clear. Nearly 42% of UK homes find a buyer within the first four weeks of hitting the market, proving those early days matter most. Serious buyers act fast, and pricing correctly from Day One creates momentum. Testing the market can work, but only briefly. Stay overpriced too long, and buyers move on. Click the link to learn more...

Against a noisy global backdrop, the UK housing market has quietly surged, posting its strongest week for sales agreed in 45 weeks. Demand hasn’t vanished, it has sharpened. Well-priced homes are moving fast, while overpriced listings linger, making strategy and timing more critical than ever.

More homes are competing for buyer attention, so sellers need more than a hopeful asking price. A smart launch, realistic valuation and strong presentation can help attract serious interest.