Lockdown savings

In this short article we take a quick look at household savings during the pandemic

The pandemic reduced spending for many households and government policies have helped support incomes. This has led to 28% of households saving more during the pandemic.
42% of high-income employed households saved more during the pandemic compared with 22% of low-income employed households. Retirees also saved more, 36% had increased their savings.
Which households have saved more and what those households plan to do with their savings will impact the housing market.
Households who have saved more could continue to support the higher levels of transactions and prices seen since May 2020. Source: Dataloft, 2020 H2 NMG Household Survey and Bank Calculations

Get in touch with us

First Name

Last Name

Your Email Address

Mobile Phone

Are you looking to

Buy

Sell

Rent

Let

Please enter message here

Please confirm that it is okay for us to contact you about this information as well as our products and services. By confirming, you also agree to the use of cookies to enhance your experience. (You will always have the right to unsubscribe or manage your cookie preferences at any point in the future.)

Confirm

Take a 'Virtual Tour' 'NEW PRICE' Grade II Listed Family House on 2.4 Acres with Lots of Character

A stunning Grade II listed four-bedroom character home in Starston, Norfolk, offering 2.4 acres of gardens, elegant reception rooms, a charming farmhouse kitchen with Aga, and beautiful period features throughout. With outbuildings, countryside views, and spacious living, this is rural family life at its finest.

CLICK HERE >

Landlords: What Must Be Ready Before 1 May

April is the final window for landlords in England to prepare for the first phase of the Renters’ Rights Act. With the new tenancy regime starting on 1 May 2026, now is the time to review paperwork, processes and whether self-management still feels realistic.

CLICK HERE >

Renew, Move or Wait? A Tenant’s April Guide

For tenants, April is a useful point to pause and plan. With rents still rising across the UK and the first phase of rental reform approaching in England, this is a good time to review your budget, renewal options and next move.

CLICK HERE >

Hyperlocal Map with the % of homes that have 3 or more bedrooms

If you step back, a familiar pattern emerges. We rent when young, buy as life settles, and often own outright later on. Yet it’s not the same for everyone, with more people renting into later life. Property reflects life stages, choices and timing. To learn more, click the link and read on.

CLICK HERE >