Saturday, 16 August 2025

% Chance of Moving / Saleability

Saleability is not the moment a home is marked Sold Subject to Contract. It is the percentage of homes that make it from coming on to the market to exchange of contracts and legal completion, when everyone is legally tied in and the move happens.

These are the stats for UK property market 

• Up to £250k, 62.6% reach completion.
• £250k to £500k, 54.9%.
• £500k to £750k, 47.2%.
• £750k to £1m, 43.8%.
• £1m to £2m, 38.9%.
• £2m plus, 24.3%.

Why do the odds thin as price rises? 

Buyer pools are smaller, lending checks are tighter, affordability issues arise, estate agents over value more, chains are longer, survey issues bite harder, and decision times stretch. 

To improve your own chances, set a realistic asking price based on very recent completions, not wishes. 

Have funds and proof ready. Instruct your conveyancer early and complete all forms in advance. Gather documents like guarantees, planning consents, and warranties. Map the chain clearly and agree a simple update rhythm so problems are found and fixed before they grow.

Saleability begins before the home coms on the market and ends with keys in hands (and cash in the bank). That is the measure that matters, and that is where attention belongs

Friday, 8 August 2025

Percentage of Homes Owned Outright

 

Percentage of Homes Owned Outright 

Understanding the makeup of homeownership in Huddersfield is important for anyone working in property. This graphic highlights the percentage of homes owned outright, without a mortgage. The darker blue areas show where a higher proportion of residents own their homes mortgage-free, while the lighter green shades indicate areas with fewer outright homeowners.

This data doesn’t include those who own with a mortgage, or homes that are privately rented or owned by the local authority. That’s something we will cover in future updates. For now, this snapshot gives a useful indication of where the highest levels of equity sit in the town.

Why is this relevant? Because people who own outright often have different motivations when it comes to moving. They’re not impacted by interest rates in the same way and may have more flexibility when it comes to timing and price.

As a Huddersfield estate agent, we believe it’s important to understand these local patterns. It helps us provide better advice to buyers, sellers, and landlords. The more we know about who lives where and how they own, the better we can serve our clients