Community matters
The 1st–7th June is National Volunteers’ Week across the UK. It is estimated that over half of all those aged 16+ in England and Wales have volunteered at least once in the past 12 months, around one in three volunteering at least once per month. Wanting to improve things and help people, meeting people and […]
Mortgage rates fallen despite interest rate rises
Analysis of mortgage interest rates in recent times shows that while the base rate of interest has risen, mortgage rates for those seeking to purchase have fallen back from their autumn peak. Average fixed rate mortgage rates had fallen back to their lowest since the Autumn prior to the announcement by the Bank of England […]
Snakes alive – 55 days to sell
At 55 days, the average time taken to sell a property (from listing to sold subject to contract) is nearly two weeks faster than the last so-called ‘normal’ market of 2019 (67 days). Rightmove report the number of sales agreed in March 2023 is just 1% lower than in March 2019, while buyer demand is […]
Census 2021 and the change in number of rooms
Open-plan living has become a huge trend over recent times for both renovations and new build housing. Fewer walls create additional light and space and more sociable living. The recent 2021 census data has hinted at the massive impact this trend has had. The number of households with 4 or less rooms* has doubled from […]
Spring forward for home sales
Mid-March marks the start of spring, long acknowledged as the best time to sell your home. Rightmove report demand levels are currently 6% higher than in 2019, and with the Easter holidays just a few weeks away, now is a great time to get your property listed to sell. Many home movers, seek to complete […]
EPC ‘C’ – a long-term vision
As part of their Net Zero Review, the government is proposing that all homes sold will need to have an Energy Performance Certificate rating of ‘C’ by 2033. Virtually all (96%) of new build dwellings in 2022 achieved an EPC rating of ‘A’ or ‘B’. This compares to less than half of all existing dwellings […]
Lucky Number Seven
Seven. Considered by many a lucky number, and as a homeowner if you stay in a property for 7 years it is likely to have risen in value. Analysis of historic monthly house price data from Nationwide indicates that at no point since records began in 1952, has national 7-year property price growth been in […]
Property Market Outlook 2023
Dataloft’s central (main case) outlook scenario for house prices is of a market slowdown and mild price falls. Lower transaction volumes but better than suggested by recent low mortgage approvals data. There are reasons to be positive about the housing market and the outlook has improved since Liz Truss stepped down. The interest rate market […]
Making sense of Census 2021
The census began recording mortgage status in 1991. The 2021 census marks the first time the data has shown that amongst homeowners, those that are mortgage free are now in the majority. In the 10 years since 2011, the % of households who have become mortgage free across England and Wales has risen from 31% […]
Dataloft Days of Christmas Part 9
Christmas dinner is an essential part of the festive celebrations, but could you ‘Grow-your-own?’. We had a look at the increasing number of households growing their own produce . Almost two-thirds of UK homes have turkey or chicken for their Christmas dinner. Since 2019/20 the number of domestic fowl kept by UK homes has increased […]