Blog Post

Who is buying now?

TomS - Head Tom Simper Jan 7, 2022, 13:00 PM
254_Dataloft_Most_prominent_buyers-01

The number of first-time buyers grew by 35% in 2021, compared to the pandemic year of 2020, despite the ongoing uncertainty.

Close to 60% of agents in the latest Dataloft subscriber poll reported that first-time buyers were the most popular type of buyer at present, over twice as many as those who said second-steppers.

Key drivers of demand are falling unemployment, low borrowing costs and an increased number of low deposit mortgage deals.

The stamp duty holiday and a drop in expenditure during lockdowns may have boosted deposits for the 60% of first-time buyers who are in the top 40% of incomes (English Housing Survey). Source: Dataloft, % of buyers by category

Leave a comment
Newest on top Oldest on top
Load more comments
Thank you for the comment! Your comment must be approved first
comment-avatar

"nothing written"

- Nadeeka Edirisinghalage

"Abbey was very nice and explanatory in all she was saying and Gill is quick to respond"

- Tope

"Would highly recommend Peter Anthony when selling your property."

- Gwen

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

- Rachel

"A great company and great experience."

- Andrew

"Keep it up the good work. I thank you very much"

- Richard

"Abbey was very friendly and helpful"

- Sandra

"Great experience with Peter Anthony! Yaseen Hassan was professional, responsive, and incredibly helpful"

- Samuel Benedict