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For decades, the flat was the natural starting point for many first-time home buyers. The first rung of the ladder. The affordable option. The stepping stone to something bigger. For landlords, it was a dependable investment. For first-time buyers, it was often the only way in.
Prices rose 0.8% in April, showing resilience despite high mortgage rates. Demand is slightly down, but sales remain steady and supply strong. Improved affordability and lending support buyers, especially first-timers, in a more balanced, competitive market.
Across the UK and here in Tadley, the property market remains surprisingly active despite the issues at home and abroad. House prices are steady, buyers are still being selective, and the market itself is evolving.
Bracknell Forest Councilβs search delays due to a system issue are stalling property transactions, impacting chains and mortgage timelines. Limited alternatives exist, but not all are suitableβbuyers and sellers should seek advice and stay informed.