14 Jul

Houses for sale in the country 'in high demand'

Houses for sale in the country 'in high demand'

People are desperate to buy houses for sale in the countryside, an expert has said.

Katy John, press officer for affordable house price campaign group PriceOut.org.uk, said that first-time buyers in the countryside are being "displaced by second home owners and buy-to-let investors".

She added that "housing affordability has become an increasing problem", particularly for young people in rural areas.

The National Housing Federation's recent findings confirmed Ms John's concerns, revealing that 38 per cent of people in the countryside thought that older people were becoming more isolated as younger families are being pushed out of villages due to high property prices.

However, this comes as good news to homeowners, as Knight Frank reported that the average value of houses in the countryside rose by 2.5 per cent in the second quarter of the year.

It also showed that houses in rural areas are eight per cent higher than they were 12 months ago.ADNFCR-1222-ID-19889469-ADNFCR

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