It’s not all bad for sellers, though. Despite high supply, sales are being agreed at the quickest rate in four years, with Rightmove suggesting that ‘spoiled-for-choice buyers are still being tempted by the right property at the right price’.

Buying a home is one of the biggest financial steps you’ll ever take — and if you’re looking for a property in Sunderland, you’ll want to make sure you get the right mortgage deal. With house prices in the North East remaining competitive, now is a great time to buy — but knowing how the process works can save you both time and money.

It all begins with an idea.