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

Discover this exceptional 5-bedroom Grade II Listed detached character cottage in Norfolk, set on approximately one acre. Featuring a main house with 4 bedrooms, 2 reception rooms, and a stylish kitchen, plus a self-contained 1-bedroom cottage/annexe, extensive gardens, and a gated driveway.

The housing market is often portrayed through city skylines and rural escapes, but the reality is much more familiar. Most moves happen in suburban neighbourhoods, among everyday homes shaped by families, life changes and local demand. Understanding this market is key to making confident decisions when buying or selling.

Sir Keir Starmer’s resignation has added fresh uncertainty to the UK property market, but its impact will depend less on politics and more on how financial markets react to the next government’s economic plans. Mortgage rates, taxation and buyer confidence could all be influenced by what comes next. Please click the link to learn more

Across almost every UK region, houses are more likely to sell than flats. In some areas the gap is small, in others it is dramatic. Scotland is the only exception, where flats outperform houses. So what is driving this divide, and what does it mean for homeowners in Attleborough? Click to learn more...