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The UK's housing boom ended in 2008 as the banking crisis and credit crunch bit.
In the subsequent years, sales and prices fell in most areas, leaving some people in negative equity. Many potential buyers found they were unable to get on to the ladder as risk-averse banks rationed their lending.
But 2013 has seen hints of a revival in the housing market, driven in part by signs of the return of first-time buyers.
http://www.bbc.co.uk/news/business-24387237
In the subsequent years, sales and prices fell in most areas, leaving some people in negative equity. Many potential buyers found they were unable to get on to the ladder as risk-averse banks rationed their lending.
But 2013 has seen hints of a revival in the housing market, driven in part by signs of the return of first-time buyers.
http://www.bbc.co.uk/news/business-24387237