Half of homes in Great Britain are taking longer to sell compared to last year due to mortgage market volatility linked to the Iran war, causing buyers to delay purchases.
Estate agents are increasingly using AI to enhance property photos, leading to 'housefishing' where listings misrepresent reality. Buyers are complaining about misleading images, prompting concerns about trust and potential legal action under new consumer protection laws.
Three in five UK homes listed since January remain unsold, with high mortgage rates and prices deterring buyers. Sales are down 7% year-on-year, with first-time buyers most affected by rising costs, though lender competition is increasing.
