May is traditionally a very busy time for estate agents, typically bringing high volumes of viewings and offers. However, current news headlines are doing little to support buyer confidence when it comes to taking on a larger mortgage and moving house unless necessary. We are living through uncertain times, with political instability, rising living costs, and interest rates and inflation remaining stubbornly high, largely driven by global conflict. The housing market is underpinned by confidence and affordability — both of which are currently subdued.