This means home buyers will save thousands when buying a house. We take a look at some houses currently on the market at £500,000 and under.

5. Two bedroom detached bungalow in Mayfield
On the market for a guide price 500,000 with Wood & Pilcher, Heathfield

6. Two bedroom house Barnham
On the market for a guide price of 500,000 with Jackson-Stops

7. Three bedroom detached bungalow in Felpham
On the market for 475,000 with Bay Tree Estates, Felpham

8. Five bedroom house in Lindfield
On the market for a guide price of 470,000 with Mark Revill
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