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I hadn't realised that it's only very recently that the UK mortgage market became overwhelmingly fixed-rate
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this post was submitted on 23 Jun 2023
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UK Economy
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There are massive incentives to move. You can get the same house for less than half the price of a London house all over the country.
If that vast financial incentive doesn't make people move out of London then Government subsidies never will.
right but its about jobs. nobody wants to move too far for work, itll be retirement age movers who will potentially move away from cities, or from south to north. Big employers need incentives to up sticks, its not entirely the fault of the South East worker if they cant take advantage of low house prices in Hull.