The latest market analysis from property purchasing specialist, House Buyer Bureau , reveals that since the Bank of England started raising interest rates at the end of 2021, the number of homes being repossessed by money lenders has significantly decreased, bucking the expected trend that more and more people would lose their homes as mortgage payments go up.
Market analysis by Unlatch , the new homes sales progression and aftercare platform for developers and housebuilders, reveals that a -16% drop in construction workers is just one of many challenges currently facing Britain’s housebuilding industry; a list that includes the rising cost of materials and the notorious EWS1 form.
Nation’s homeowners sitting on £2.6 trillion in equity
Market analysis by leading mortgage broker, Henry Dannell , has revealed that the level of equity built up in the property market across England currently sits at over £2.6trn and that’s just those homes that are owned outright, with a 17% increase in this level of total homeownership over the last five years.
