This was our first property in Bristol. I helped stop the vendor from being repossessed by paying off his arrears at the bank (£6k) and in the process secured a 5-year lease with the option to purchase. My wife and I left our London life...
We are on an island, with an ever-expanding population, there is a huge shortage of housing. The government has a commitment to developing more houses so relaxing on red tape with permitted development rights increasing all bode well for the future.
At the same time...