Do interest rates matter? Number of mortgaged homes falls

Do interest rates matter? Number of mortgaged homes falls

Only 6.8m homes in England now have mortgages, just 28 per cent of the overall market and about two per cent down from the level five years ago.

Research by mortgage firm Henry Dannell shows that the reduction in total homes owned with the help of a mortgage has been most notable in the East of England, down three per cent since 2017. 
To continue reading, please click here.
Source: Estate Agent Today


Get in touch with us

Over the past three years, the number of homes for sale has surged dramatically, far outpacing the national rise. Yet, despite the increase, supply remains tighter than in past downturns. With more choice for buyers, success now depends on smart, realistic pricing that stands out in a competitive market.

Many would-be buyers hesitate, waiting for calmer times before taking the plunge. Yet history shows that waiting often costs more than acting. While renters lose money monthly, owners build equity and stability. The market rewards time, not timing—progress starts the moment you buy.

Rents have surged unevenly in recent years, revealing a striking divide shaped by shifting incomes and tenant affordability. While some areas have seen rapid momentum, others have moved more steadily, exposing a complex landscape that reflects economic pressures and evolving demand in communities.

This superbly presented 4-bed detached family home in Attleborough offers modern, comfortable living. Including dual-aspect lounge with ornamental fireplace, versatile dining/study, spacious kitchen/breakfast room with twin doors to the garden, dual-aspect master with en suite, family bathroom, garage, driveway, and enclosed rear garden.