‘It’s a cash buyers’ market’: Rising mortgage costs boost cash buyers
Hamptons has noticed a significant increase in the proportion of mortgage-free home-buyers so far this year, while Jackson-Stops has identified where cash buyers are making the biggest savings.
Home-buyers pick longer mortgage terms
Over a quarter of home-mover mortgages secured in Q3 were for terms of more than 30 years, up from fewer than one in ten a decade ago.
How much is the off-market worth?
£30.9bn-worth of property changed hands without public marketing in 2021, according to an estimate by a property fund.
PCL property market recovery ‘held back’ as international buyers stay away
"Unless high net worth foreign investors return in their pre-pandemic numbers, we can expect the market to continue to recover at a slow and steady pace, rather than with a sharp uptick," says Savills.
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