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

Across Europe, where people live reveals striking contrasts. The UK leans heavily towards houses, unlike many countries where apartments dominate. This shapes demand, pricing and expectations at home. Is it culture or design? The answer may surprise you… read on to explore the full story.

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.

Thinking of moving in Attleborough this year? Whether you’re a landlord weighing your next step or a first-time buyer testing the waters, timing matters. One of the clearest ways to read the market is by tracking how many homes are under offer versus available—revealing who really holds the cards.

What this really shows is not house prices, but pressure. Affordability is about monthly cost, which varies across the UK. In London and the South, first-time buyers can spend over half their income on housing, while elsewhere it is far lower. To learn more please read on..