Average discount stands at five-year high despite ongoing long-term shortage of homes for sale
Homebuyers are in the strongest negotiating position for five years with an average £18,000 knocked off asking prices to land a deal amid a choppy housing market, research has shown.
The average discount on a house purchase has reached its highest since 2018 in a further sign that it remains a “buyer’s market” despite the long-term shortage of homes in the UK.
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