When Dayle Dixon and Mark Lee bought an attractive new house on the outskirts of Ivybridge in Devon in 2018, they believed it would be their forever home. But less than six years later it has been valued at just £1, and the couple are desperate to move out.
Dixon, 53, and Lee, 59, had not owned a property before, and bought their home using, in part, almost £55,000 borrowed through the government’s help-to-buy scheme.