UK house prices are eye-wateringly over-priced and not a lot are trying to dispute that, Express reports.
Fewer than one in 10 Brits thinks prices are affordable and a real estate agent from Sarah Beeny conducted an in-depth British Buyer Barometer study revealing that home buyers are expecting the figures to continually rise in 2016.
One third of home buyers find house prices too expensive and unaffordable for those coming from the low to middle income earners.
Home owners are able to feel the pinch, and with the average annual salary in UK at just £27,200, the average house price of £299,000 makes the market impermeable for the lower bracket earners.
"This study gives a thorough insight into what home buyers think will happen in 2016 and the results are really insightful," Tepilo owner Sarah Beeny's opinion of the worries.
"Understanding what consumers currently operating in the property market believe will happen is the best way to predict what is most likely to happen as they're the ones who make the choice to buy, sell or do nothing."
The TV presenter and property mogul added: "It's clear that affordability and increasing house prices, interest rates and utility bills are all playing on buyers' minds and that many feel that homes are simply becoming unaffordable for the masses.
"A shortage of housing is also a common worry for many, which is further contributing to price increases in certain areas.
"This makes it clear that the Government needs to really step up to ensure the market remains stable and accessible to the majority, and its recent commitment to build more homes and provide further schemes to help first time buyers onto the ladder is welcome news.
"However, these commitments need to be fully delivered and continually built upon to ensure the UK continues to be a nation where home ownership is the norm."
