House hunters in Nottinghamshire say they feel it's "never been more difficult" to buy a home. Those selling their home say they have been taken off the market very quickly, as multiple offers have come in from people looking to move or get themselves on the property ladder.
It comes as consumers’ confidence that now is a good time to buy a home has slumped to its lowest level since at least 2008, as households expect to make significant sacrifices to cope with surging living costs, according to building societies. Less than a fifth (18%) of people think now is a good time to buy a property, its latest tracker survey found. This is the lowest figure since the report started in June 2008. Back then, 27% thought it was a good time to buy a home. The previous low point was in December 2018, when 19% were confident it was a good time to buy a property.
One man, who put his house in Bakersfield on the market recently, said that he feels it's a very competitive market. "We were lucky to find somewhere we wanted to live pretty quickly," he said. "It's a bit of a project so we've been getting it ready at our own pace. Then, when we put our house on the market, we had offers pretty much straight-away.
