Sometimes there’s nothing that fits the bill quite like a brand-new home. A kitchen and bathroom that’s never been used, the latest specification, minimal upkeep and repairs… it’s easy to see why it’s the perfect choice for some people.
You’ve found a house you love. It’s on the market for £290,000 and there’s been lots of viewings, and there’s still loads of interest, but you really want it.
It may surprise you to know that the average price of a house in the UK has now reached just over £260,000. This is a record high for the UK property market and makes the price of a typical home about 20% higher than in February 2020, equating to a value of about £44,000.