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



Get in touch with us

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.

As we move through May 2026, buyers are seeing more homes come to market, but affordability still matters. Here is what today’s mix of greater choice, steady demand and higher mortgage costs means if you are planning a move.

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...

Selling a home in Attleborough is not just about price, it is about timing, strategy and momentum. Homes here take around 82 days to find a buyer, with flats slower and bungalows faster, but averages hide a more complex picture. Pricing and presentation often decide everything. Click to learn more...