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There is hope that the latest increase in the Bank of England’s base rate to 4.5 per cent will be the last, as the housing and mortgage industry fears borrowers will not be able to bear higher expenses.
Property experts said many people living in small towns, villages or the countryside in Britain are now moving into so-called 'Commuterville' - but not all the way back into cities.
Government figures show that average UK house prices have risen 5.5% since this time last year.
The number of house sales in February was 18% lower than in February 2022, but there have been recent signs of some mortgage rates edging down.
The number of house sales in February was 18 lower than in February 2022, but there have been recent signs of some mortgage rates edging down.