Typically in the run-up to a general election property buyers and sellers sit on their hands. The market gets stunned into stagnation and estate agents might as well take a month or two off.
Bargain-hunting home buyers have caused a spike in “gazundering”, a tactic when a buyer makes a lower offer at the eleventh hour to force the seller to cut a property’s price.
The Lord of the Rings star, 54, purchased a £1.6million cottage close to the sea in Mawgan Porth in 2020 but soon demolished it to create a new five bedroom eco home.
Locals in Mawgan Porth, Cornwall, claim the village is on the brink of being overrun by second homeowners who are knocking down 1930s bungalows to build James Bond-esque Lego blocks .