Homebuyer demand may have fallen compared to the frenzied activity we’ve seen in recent years, but there’s still a determined cohort of movers set on a purchasing a pad. In fact, around half a million property sales are expected to take place in the first six months of this year, according to Zoopla.
But buying a house, in particular, getting a mortgage has become a lot harder since interest rates increased and inflation rose to double digits putting pressure on household budgets and making mortgage lenders more cautious over who they lend to and how much.
