They said the housing market had made them anxious - with homes selling ‘incredibly fast’ due to a ‘lack of homes’ available. We viewed a few houses in between lockdowns.”In May this year, after living with Shane’s parents for a year, the couple bought a bungalow in Tipperary, Ireland for £175,000. The couple, who’d spend the past year saving up their 10% deposit, saw the home and immediately offered the asking price. The double-digit house price growth followed a 7.1% annual increase recorded in April as the stamp duty continues to fuel huge competition amongst buyers. Mark Hayward, chief policy advisor at Propertymark, said a lack of homes on the market is driving up bidding wars.

Source: Daily Mirror June 04, 2021 12:11 UTC