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. 
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Source: Estate Agent Today


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More households are reassessing space in early 2026. If your home feels tighter than it once did, this spring may offer the right conditions to move up.

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Attleborough homeowners and landlords, stay ahead of the market. Each month we track the rolling average price of homes bought and sold locally, revealing trends that numbers alone can’t show. Our regular insights go beyond the figures, helping you understand your property’s value and make informed decisions, to learn more please read the article.

January 2026 showed a market regaining momentum. Across much of the UK, sales agreed are running ahead of two years ago, led by the Midlands and East. Scotland and Wales are also strengthening. London remains mixed, and Northern Ireland softer. This is not a boom, but a steady, broad based rebuild driven by realistic pricing.