Detached houses were the most popular type of property among people moving homes in the last 12 months, with 32% of sales, as buyers sought out more space, peace, and privacy. This is a significant increase on ten years ago, rising from 25%.
Picturesque Salcombe in Devon is the most expensive seaside setting in Britain to buy a home, according to the latest analysis from Halifax.
The monthly cost of owning a home for first-time buyers is now £971 - £42 (4%) lower than the cost of renting the equivalent property, according to the latest Halifax Owning vs Renting Review.
It’s now almost three years since the onset of the pandemic, when the UK was thrust into lockdown for the first time.
The number of first-time buyers fell by 11%, to 362,461, in 2022 compared to the year prior, according to new analysis from Halifax.
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