The odds have been stacked against anyone looking to buy a bigger home. Not only have larger properties increased in value much more than smaller homes since the Covid pandemic, but higher mortgage rates have made it significantly more expensive to bridge the value gap through borrowing.
FTSE 100 Live: Mortgage holders need to prepare for more pain ahead — Bank of England interest rates hit 5% msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Homes selling for three per cent below asking price bristolpost.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bristolpost.co.uk Daily Mail and Mail on Sunday newspapers.