Mortgage approvals 21% higher than the 2014 to 2019 average.

Mortgage approvals 21% higher than the 2014 to 2019 average.

In this speed read, we take a quick look at recent mortgage approval numbers compared to the 2019 and 2014 averages.

  • 81,338 mortgages were approved in June 2021, 21% above the 2014 to 2019 June average.
  • Despite house prices increasing to an all-time high, mortgage payments haven't followed suit. Mortgage rates are close to an all-time low, so affordability has remained in line with the long-term average.
  • First-time buyer lending is up 25% on last year (Zoopla), thanks to low mortgage rates and increased availability of high LTV mortgage products.
  • With many searching for larger properties and more space, the number of properties available for first-time buyers has remained steady, average asking prices in this market up just 3.4% year-on-year (Rightmove).
  • Source: Dataloft, Bank of England
 


Get in touch with us

Detached homes remain highly sought-after in and around Attleborough, thanks to their space, flexibility, and access to local schools and transport. While averages offer a useful guide, a home’s true value depends on its size, condition, location, and how it’s presented to the market.

Choosing a new home isn’t just about the property itself – the neighbourhood plays a huge role in your quality of life. From schools and transport links to local shops and community spirit, here’s what to look out for when deciding if an area is right for you.

Set in a quiet cul-de-sac on the edge of Attleborough, this stylish four-bedroom detached home offers spacious, light-filled living with high ceilings throughout. Highlights include a generous 19ft entrance hall, dual-aspect lounge, 19ft kitchen/diner, and an enclosed garden with a 'secret garden', a good size driveway leading to double garage.

If your letting agent isn’t delivering, you don’t have to stay stuck. Switching agents is easier than many landlords realise and could protect your investment long-term. Here’s how the process works, and why September is the perfect time to act.