Homebuyers are deterred from moving again and using the same estate agent due to the stress and increasing length of time associated with property transactions, research claims.
Propertymark has analysed data from the latest English Housing Survey and is warning the market that 40% of the English PRS are likely to fall short of EPC rating targets currently proposed to come into force later this decade.
Demand has kept pace throughout the year irrespective of market conditions.
The Bank of England has been increasingly raising its base interest rate since the start of the year in an effort to curb rising inflation.
The number of buy-to-let portfolios changing hands has surged sixfold as Britain’s largest landlords race to escape the Government’s tax crackdown, research shows.
Rightmove’s data analysis reveals how much they have risen.
A quarter of homebuyers are putting off their purchase due to cost of living fears – and when it comes to first time buyers, the proportion is even greater.
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