RE: RICS report, UK housing market, sales and rental markets remain subdued says RICS14 Oct 2025 18:29
I agree, I live further up the Clyde from Ayrshire and house prices have risen massively over the past few years. Since covid the average detached house in my village has risen from Β£400k to Β£650k, 1 bed flats which could be bought for around Β£50k are now northwards of Β£120k. I fail to see the high interest rates slowing buying demand. Property barely touches the market here and it sells massively over value. I'm more concerned that it's building up for a crash as these rises can't continue. People must be mortgaged over their heads.