What Type of Tenure is Your Home?

What Type of Tenure is Your Home?

Further Insight into the Ever Changing Property Market

In a fascinating shift within our housing landscape, a significant 32.8% of households in Britain now own their homes outright, devoid of any mortgage, marking a notable rise from 23.6% in 1991. This trend underscores a growing financial stability among homeowners, contrasting sharply with the decrease in households owning homes with a mortgage, now at 28.7%, down from 42.6% three decades ago. 
 
The fabric of our Country's housing is further diversified by the 17.1% of households in social housing (council and housing association), a decrease from 24.4% in 1991, reflecting changes in public housing policies. 


 
Meanwhile, the private rental sector has more than doubled, with 20.3% of households renting privately, up from just 9% in 1991. 
 
These statistics not only highlight the evolving dynamics of our country's housing market but also underscore the importance of understanding these trends for anyone looking to navigate the property landscape effectively.


Thinking of Selling? Call us today!


01227 763888 - Canterbury

01304 611227 - Sandwich


Click here for our property valuation options




Get in touch with us

Autumn may not be the first season that comes to mind when people think about moving, but it can be a surprisingly strong time to sell. Buyers who are still active at this stage of the year tend to be serious about completing before Christmas or the new year. With the right preparation, your home can stand out and attract motivated buyers even as the nights draw in.

Buying a home is one of life’s biggest decisions. Whether it’s your first purchase or your fifth, the process can feel daunting, with plenty of pitfalls to avoid. From mortgages and surveys to legal paperwork and negotiations, there’s a lot to take on board. By arming yourself with the right information and working with a knowledgeable local estate agent, you’ll be better placed to make smart decisions and find the home that truly fits your needs.

Thinking of putting your home on the market soon? If you’re aiming to list within the next 90 days, this guide is for you. Here’s how to sharpen your strategy so you don’t just sell, you get the sale you want.

Thinking of selling soon? Setting the right asking price can make or break your move. Here’s why overvaluing your home, even with the best intentions, can actually reduce its true market value and slow your sale.