Blog Post

3 in 10 Agents Sense More Cash Buyers in the Market

Dewi Dewi Jones Feb 18, 2023, 10:40 AM
296_Dataloft_inform_Insight

30% of agents sense there has been an increase in cash buyers between November and January, according to the results of the Dataloft Opinion Poll.

Over half (55%) of agents sense cash buyer numbers have remained stable, while 15% believe they have decreased. This follows the fall-out across the market following the mini-budget and the significant rise in mortgage rates.

Across England and Wales, 27% of sales recorded in the first nine months of 2022 were cash purchases, in six Local Authorities the proportion was over half.

Research by Hamptons suggests around 40% of sales in January 2023 were in cash, up from 29% in January 2021 and 2022, suggesting purchasing property with cash may well be on the rise. Source: Dataloft Opinion Poll, UK HPI

Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"Friendly and helpful. No problems everything ran smoothly as expected and professionally."

- David

"I had a viewing with Abbey, so lovely and friendly"

- Amy

"Went above and beyond helping us secure a home, truly kind people"

- Anya

"I was shown around a property by Abbey Bird, it was a lovely viewing"

- Sophia

"Sold a property, and Gill was amazing throughout the process!"

- Rachel

"Very good estate agency"

- Junaid

"Abby was prompt to respond to inquiries and very pleasant"

- Christian

"Sean was really lovely on our inspection. Quick, easy and efficient. Thank you!"

- Roberta