The UK housing supply has fallen by 15% annually in a trend that is set to continue, according to Haart estate agency. London in particular is believed to be suffering due to a scarcity of housing, with 20 times the number of buyers as there are available properties; such high levels of demand has driven a property price increase throughout the UK, although this may be eased by pledges from Haart to build 200,000 starter homes over the next five years to be sold at 80% the market value.
The UK housing supply has fallen by 15% annually in a trend that is set to continue, according to Haart estate agency. London in particular is believed to be suffering due to a scarcity of housing, with 20 times the number of buyers as there are available properties; such high levels of demand has driven a property price increase throughout the UK, although this may be eased by pledges from the Conservative Party to build 200,000 starter homes over the next five years to be sold at 80% the market value.