The gulf between the cost of a flat and a house has reached its highest level for 30 years, with buyer concerns over leasehold properties largely to blame.

The growing cash gap could make life tougher for aspiring ‘second steppers’ trying to move from a flat to a house.

Since 2016, average house prices have surged by 43 per cent with flats a more modest 10 per cent

The gulf between the cost of a flat and a house has reached its highest level for 30 years, with buyer concerns over leasehold properties largely to blame.