‘When you factor in cash and mortgaged transactions, the picture is less bleak’
Cash-based transactions are a significant part of the overall market and key in sustaining prices, notes Acadata.
Revealed: The UK areas with the highest percentage of cash buyers
The proportion of cash buyers ranges from less than 20% in Barking & Dagenham to nearly 60% in parts of Norfolk, new research shows.
Heatmapped: ‘The general picture is one of a slowing market’
The annual rate of inflation across England & Wales has slipped to 4.1%, reports Acadata, but ‘there will be no price collapse as some had previously suggested’
Ranked: The UK’s ‘cash buyer hotspots’
Cash buyers have accounted for 27% of sales recorded in the UK this year, according to new research, but the proportion in some areas has reached over half.
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Super-prime St John’s Wood mansion finds a buyer
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