Mortgage market predicted to ease during 2022

Mortgage market predicted to ease during 2022

Gross mortgage lending will fall to £275bn this year, down from the £304bn reached in 2021 and signal a return to some semblance of normality in the market, according to predictions made by IMLA.

In last year’s report, IMLA forecast gross mortgage lending of £283 billion for 2021, a surprise to many commentators but ultimately close to the true final total of £304 billion, the best performance for the industry since 2007. IMLA estimates that the total value of housing transactions reached a record of nearly £370 billion in 2021. However, the 2022 New Normal report predicts a decrease in gross mortgage lending to £275 billion this year, with a further fall to £265 billion in 2023. To continue reading, please Click Here


Get in touch with us

Fresh market insights reveal that homes are still taking longer to sell, with many remaining unsold. This shift highlights how crucial realistic pricing is from the start. Properties priced correctly attract more interest and sell faster, avoiding price cuts and the frustration of lingering on the market.

Thinking about moving home in Attleborough over the next year? Whether you’re a first-time buyer, landlord, or homeowner, understanding whether today’s market favours buyers or sellers is key. Here’s a closer look at Attleborough’s 2025 property trends and what they mean for you.

If you’re planning to sell your home in Attleborough, there’s a truth you can’t ignore: not every property makes it from “For Sale” to “Sold.” While some homes attract buyers quickly, others linger and quietly disappear from the market. The difference isn’t luck—it’s about strategy, timing, and knowing what really sells here.

As Attleborough’s property market becomes more competitive, pricing strategy has never been more crucial. With twice as many homes for sale as three years ago, sellers must think smart to stand out. This article explores how price bands, reductions, and timing can make all the difference in achieving a successful sale.