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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This map highlights the share of single-occupancy households across Attleborough. Darker areas show where more people live alone, while lighter areas reflect more family households. Behind the colours are very different life stages, from young first-time renters to long-standing residents, revealing the diverse fabric of the town.

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.

At first glance, UK house prices rising tens of thousands of per cent since 1900 look absurd. But annualised over 126 years, growth averages around 4.5 to 5 per cent a year. It is not sudden surges but steady compounding that drives values higher, showing property rewards time in the market more than attempts to time it.

If you are planning to sell in Attleborough, timing depends on more than luck. Property type, bedroom count, pricing and marketing all shape the outcome. Some homes attract swift interest, while others linger. Understanding local trends and launching at the right price from day one can make the difference between a smooth move and a stalled sale.