More than one in three home purchases have fallen through in the last 12 months, with potential buyers typically ending up £2,000 out of pocket.

UK house prices increased by 12.8% in the year to May 2022, up from 11.9% in April 2022.

Average asking rents outside London have hit another new record of £1,126 per calendar month according to Rightmove.

“The next administration needs to reset its plans for the sector”

Rightmove has upped its house price forecasts for this year as new stock supply fails to keep up with demand.

It’s becoming ever harder to get on the property ladder, the average age of a first time buyer in the UK is 34, with the pandemic and the rising cost-of-living pushing the possibility of being a home-owner to later in life than many would prefer. Before Covid-19 hit, the average was 32.

Since the pandemic hit in March 2020, 25 towns and cities in the UK have rocketed in price by one quarter. Later life mortgage broker Responsible Life shared which UK destinations have become more expensive post-Covid.

72% of homebuyers think the process of purchasing a property should be taught to school children, as the majority felt under prepared and overwhelmed when purchasing their last home.