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Despite the headlines, first-time buyers in Attleborough are not locked out of homeownership. When you look beyond prices and focus on monthly mortgage costs, affordability today is far better than many realise. The data challenges the doom narrative and shows that, while deposits are tough, buying a first home is still possible.
Many would-be buyers hesitate, waiting for calmer times before taking the plunge. Yet history shows that waiting often costs more than acting. While renters lose money monthly, owners build equity and stability. The market rewards time, not timing—progress starts the moment you buy.
Following on from the Chancellor’s Autumn Budget, this article breaks down what the new tax measures really mean for Attleborough. With the feared £500,000 property tax dropped and a targeted Mansion Tax on £2m-plus properties introduced, I explore the likely impact on local homeowners, landlords, and tenants, separating headlines from reality.
Over the past three years, the number of homes for sale has surged dramatically, far outpacing the national rise. Yet, despite the increase, supply remains tighter than in past downturns. With more choice for buyers, success now depends on smart, realistic pricing that stands out in a competitive market.