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Falling mortgage rates are bringing welcome relief to first-time buyers. Monthly repayments on the average UK first-time buyer mortgage are now around £355 less than three years ago — easing financial pressure and making homeownership feel more achievable for many ready to take their first step onto the property ladder.
Buying your first home in Attleborough is never easy, but it’s not as impossible as headlines suggest. While prices are high, history shows affordability is improving—mortgage costs now take a smaller slice of income than in past decades, giving today’s buyers more breathing room.
The Autumn Budget brought predictable housing and tax shifts, headlined by a 2028 levy on £2m+ homes that affects under 1% of properties but will shape behaviour for years. Landlords face tighter margins as taxes rise, while Attleborough’s market absorbs uncertainty. The measures add clarity rather than comfort as pressures build.
Understanding Attleborough’s housing market means looking beyond prices and trends. The distribution of retired households reveals key insights into who lives where—and why. Exploring these patterns helps explain how age demographics shape property demand, investment, and local housing dynamics.