First time home buyers and home movers in the UK made for a busy housing market this February, with the highest level of purchases for that time period in over a decade. Re-mortgages are also on the rise, with current homeowners anticipating mortgage interest rates rising. In contrast, due to recent legislation and tax changes, the buy-to-let market is sluggish. Landlords of those properties, however, are also re-mortgaging those properties due to concerns over rising interest rates.

Read more: Best February for House Purchases Recorded in a Decade