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

An exceptional fully renovated 3-bed detached bungalow on Watton Road, Great Hockham. Set on a secluded quarter-acre plot, this non-estate home offers modern living with a new kitchen, bathroom, windows, roof, and heating system. Spacious lounge with fireplace, wrap-around gardens, and ample gated parking, perfect for those seeking privacy.

That’s despite downturns, political chaos and a cost-of-living crisis. Whether you’ve owned for years or are just getting started, this stat should make every Attleborough homeowner and landlord sit up and take notice.

If your letting agent isn’t delivering, you don’t have to stay stuck. Switching agents is easier than many landlords realise and could protect your investment long-term. Here’s how the process works, and why September is the perfect time to act.

Ever noticed that new homes usually cost more than older ones? That extra is known as the “new build premium.” Like a new car, it reflects freshness, modern features, and peace of mind. With energy efficiency, contemporary design, and low maintenance, many buyers see the added value as worth the higher price.