46% of UK properties have been down valued since before Covid-19

46% of UK properties have been down valued since before Covid-19

Nearly half (46%) of buyers saw their prospective properties down valued by their mortgage lender, Bankrate UK research has found.

Buyers looking to purchase properties in Wales had the highest percentage of down valuations at 63%.
To continue reading this article, please click here
Source: Property Wire



Get in touch with us

The UK housing market may look balanced at first glance, but property trends tell a very different story when you zoom in locally. The mix of homes in an area shapes buyer demand, property values, and selling speeds. National data sets the scene, but local insight reveals what really drives your market. Click the link to learn more...

What does Attleborough really look like beyond house prices? This map highlights where larger households are most common, revealing where families and shared living arrangements are concentrated. The pattern shows how different neighbourhoods function as distinct micro markets, each shaped by the people who live there. Click to learn more...

This map reveals how detached homes are spread across Attleborough, highlighting neighbourhood differences in housing types. Darker areas show higher proportions, while lighter zones reflect more terraces, semis and flats, with a clear pattern of detached homes on the outskirts shaped by historic growth and urban expansion. Click to learn more.

In today's property market, the temptation to 'test the market' with an ambitious asking price can be strong if you're not in any particular hurry to sell. However, this strategy often backfires, costing vendors valuable time, credibility, and ultimately, money. Let's explore why.